Finnifty Intraday Analysis for 2nd July 2024
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.
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.