Finnifty Intraday Analysis for 4th July 2024
CNXFINANCE Maximum Call writing near CMP is at 23600 strike with 6.18 Lakh followed by 5.12 Lakh at 24000 Strike and 3.78 Lakh at 24200 strike and Put writing of 4.30 Lakh at 23500 Strike followed by 4.12 Lakh at 23900 Strike and 3.55 Lakh at 24000 strike. Index is closed near 23925 level.
Index has resistance near 24000 – 24050 range and if index crosses and sustain above 24050 level then may reach near 24200 level.
Index has immediate support near 23700 level and if this support is broken then index may tank near 23500 – 23450 range.
Trade closed: target reached
Gap up opening but faced resistance ner 24050 level and tanked to low near 22815 level.
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.