Finnifty Intraday Analysis for 26th November 2024
CNXFINANCE Index closed near 24060 level and Maximum Call and Put Writing near CMP as below in current Monthly contract:
Call Writing
24700 Strike – 16.40 Lakh
24500 Strike – 15.01 Lakh
24100 Strike – 10.84 Lakh
Put Writing
23500 Strike – 12.18 Lakh
23800 Strike – 9.90 Lakh
24000 Strike – 9.76 Lakh
Index has resistance near 24250 - 24350 range and if index crosses and sustains above this level then may reach near 24500 - 24550 range.
However, Index has immediate support near 23750 – 23650 range and if this support is broken then index may tank near 23400 – 23300 range.
Trade closed: target reached
Gap up opening with high near 24230 then tanked to low near 23955 and close near 24045.
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.