Finnifty Intraday Analysis for 28th February 2025
CNXFINANCE Index closed near 23175 level and Maximum Call and Put Writing near CMP as below in March Month contract:
Call Writing
23000 Strike – 0.37 Lakh
23200 Strike – 0.24 Lakh
23300 Strike – 0.16 Lakh
Put Writing
23000 Strike – 0.40 Lakh
23200 Strike – 0.25 Lakh
23300 Strike – 0.25 Lakh
Index has resistance near 23300 - 23350 range and if index crosses and sustains above this level then may reach near 23475 - 23525 range.
Index has immediate support near 23050 – 23000 range and if this support is broken then index may tank near 22850 – 22800 range.
Trade closed: target reached
Gap down opening then made high near 23130 then tank to low near 22925 and close near 23030.
Disclaimer: Above discussion is not a Buy or Sell recommendation. This is only for educational purpose.
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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.