Finnifty Intraday Analysis for 23rd January 2025
CNXFINANCE Index closed near 22650 level and Maximum Call and Put Writing near CMP as below in January Month contract:
Call Writing
23000 Strike – 2.13 Lakh
22700 Strike – 0.89 Lakh
23800 Strike – 0.71 Lakh
Put Writing
22000 Strike – 1.35 Lakh
22500 Strike – 1.27 Lakh
23300 Strike – 0.95 Lakh
Index has resistance near 22700 - 22750 range and if index crosses and sustains above this level then may reach near 22900 - 22950 range.
Index has immediate support near 22400 – 22350 range and if this support is broken then index may tank near 22200 – 22150 range.
Trade closed: target reached
Open flat with low near 22565 and made high near 22720 with close near 22625.
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: 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
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