Finnifty Intraday Analysis for 13th November 2024

7 days ago

CNXFINANCE

Index closed near 23565 level and Maximum Call and Put Writing near CMP as below in current weekly contract:

Call Writing
24000 Strike – 3.65 Lakh
23600 Strike – 2.29 Lakh
23700 Strike – 1.93 Lakh

Put Writing
23500 Strike – 2.19 Lakh
23700 Strike – 1.90 Lakh
23600 Strike – 1.83 Lakh

Index has resistance near 23750 - 23850 range and if index crosses and sustains above this level then may reach near 24000 - 24050 range.

Index has immediate support near 23400 – 23350 range and if this support is broken then index may tank near 23125 – 23050 range.

6 days ago

Trade closed: target reached

Open flat and made high near 23630 then tank to low near 23055 and closed near 23220.