Finnifty Intraday Analysis for 30th September 2024
CNXFINANCE Index closed near 24910 level and Maximum Call and Put Writing near CMP as below in current weekly contract:
Call Writing
25500 Strike –11.45 Lakh
25000 Strike – 9.22 Lakh
25100 Strike – 8.04 Lakh
Put Writing
25000 Strike – 6.32 Lakh
24500 Strike – 6.03 Lakh
24900 Strike – 4.83 Lakh
Index has resistance near 25100 - 25200 range and if index crosses and sustains above 25250 level then may reach near 25400 - 25450 range.
Index has immediate support near 25800 – 24700 range and if this support is broken then index may tank near 24550 – 24500 range.
Trade closed: target reached
Gap down opening and made low near 24460 level with close near 24485.
Disclaimer: Above discussion is not a Buy or Sell recommendation. This is only for educational purpose.
Request for follow on X @rkmaurya_ra
Request for follow on X @rkmaurya_ra
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer: Above discussion is not a Buy or Sell recommendation. This is only for educational purpose.
Request for follow on X @rkmaurya_ra
Request for follow on X @rkmaurya_ra
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.