Finnifty Intraday Analysis for 14th November 2024
Updated
CNXFINANCE Index closed near 23140 level and Maximum Call and Put Writing near CMP as below in current weekly contract:
Call Writing
23600 Strike – 4.61 Lakh
23500 Strike – 4.58 Lakh
23400 Strike – 2.77 Lakh
Put Writing
22900 Strike – 2.97 Lakh
23000 Strike – 2.29 Lakh
23300 Strike – 1.62 Lakh
Index has immediate support near 22900 – 22800 range and if this support is broken then index may tank near 22600 – 22500 range.
Index has resistance near 23350 - 23400 range and if index crosses and sustains above this level then may reach near 23550 - 23600 range.
Trade closed: target reached
Traded in range between 23365 - 23090 with close near 23230.
Disclaimer: Above discussion is not a Buy or Sell recommendation. This is only for educational purpose.
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