Finnifty Intraday Analysis for 30th September 2024
Updated
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.
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