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RKMAURYA

Finnifty Intraday Analysis for 3rd May 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 is at 22500 strike with 7.08 Lakh followed by 6.99 Lakh Call at 22200 Strike and 6.77 Lakh at 22400 strike. Maximum Put writing is at 10.29 Lakh at 21300 strike followed by 8.65 Lakh Put writing at 21000 strike and 6.12 Lakh at 21900 strike. Index closed near 21870 level.

Index may reach near 22200 level if cross 22070 level and sustain above it.

Index has strong support near 21625 - 21580 level and if this support is broken then index may reach near 21500 level.
Trade closed: target reached:
Gap up opening above 22000 and made high near 22135 level then tanked to low near 21710 level.
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