Finnifty Intraday Analysis for 23rd October 2024
CNXFINANCE Index closed near 23700 level and Maximum Call and Put Writing near CMP as below in current weekly contract:
Call Writing
24000 Strike – 2.16 Lakh
24200 Strike – 1.00 Lakh
24100 Strike – 0.76 Lakh
Put Writing
24000 Strike – 1.08 Lakh
23700 Strike – 1.07 Lakh
23800 Strike – 0.93 Lakh
Index has resistance near 23950 - 24050 range and if index crosses and sustains above this level then may reach near 24250 - 24300 range.
Index has immediate support near 23500 – 23400 range and if this support is broken then index may tank near 24200 – 24100 range.
Trade closed: target reached
Open flat with low 23595 and made high near 23905 and closed near 23765.
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.