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RKMAURYA

Finnifty Intraday Analysis for 2nd July 2024

Nifty Financial Services Index (NSE:CNXFINANCE)  
RKMAURYA Updated   
NSE:CNXFINANCE   Nifty Financial Services Index
Support and Resistance Supply and Demand Trend Lines
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supportandresistance supplyanddemand trendline
CNXFINANCE

Maximum Call writing near CMP is at 24000 strike with 29.13 Lakh followed by 21.45 Lakh at 24200 Strike and 17.64 Lakh at 23700 strike and Put writing of 28.69 Lakh at 23000 Strike followed by 20.86 Lakh at 23400 Strike and 19.25 Lakh at 23600 strike. Index is closed near 23630 level.

Index has resistance near 23700 – 23750 range and if index crosses and sustain above 23750 level then may reach near 24000 level.

Index has immediate support near 23550 level and if this support is broken then index may tank near 23100 – 23000 range.
Trade closed: target reached:
Gap up opening but could not sustain above 23700 - 23750 resistance zone and tanked to low near 23400 level.
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