Finnifty Intraday Analysis for 24th January 2025
CNXFINANCE Index closed near 22625 level and Maximum Call and Put Writing near CMP as below in January Month contract:
Call Writing
23000 Strike – 2.48 Lakh
22700 Strike – 1.34 Lakh
23800 Strike – 1.03 Lakh
Put Writing
22500 Strike – 1.40 Lakh
22600 Strike – 1.06 Lakh
22300 Strike – 0.98 Lakh
Index has resistance near 22700 - 22750 range and if index crosses and sustains above this level then may reach near 22900 - 22950 range.
Index has immediate support near 22400 – 22350 range and if this support is broken then index may tank near 22200 – 22150 range.
Trade closed: target reached
Open flat then made high near 22735 then tanked to low near 22460 then again tanked to low near 22515.
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.