Finnifty Intraday Analysis for 9th July 2024

CNXFINANCE

Maximum Call writing near CMP is at 24000 strike with 37.16 Lakh followed by 27.18 Lakh at 24200 Strike and 24.32 Lakh at 24100 strike and Put writing of 23.72 Lakh at 23000 Strike followed by 16.47 Lakh at 23500 Strike and 14.42 Lakh at 23600 strike. Index is closed near 23585 level.

Index has resistance near 23750 level and if index crosses and sustain above 23800 level then may reach near 24000 level. If index further crosses and sustain above 24050 then may reach near 24200 level.

Index has immediate support near 23400 – 24350 range and if this support is broken then index may tank near 23100 level.
Order cancelled
Open flat and traded in narrow range between 23525 - 23685.

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