Finnifty Intraday Analysis for 03rd October 2024
CNXFINANCE Index closed near 24475 level and Maximum Call and Put Writing near CMP as below in current
weekly contract:
Call Writing
24500 Strike – 2.51 Lakh
24600 Strike – 2.01 Lakh
25000 Strike – 1.73 Lakh
Put Writing
24500 Strike –2.30 Lakh
24000 Strike – 1.14 Lakh
24600 Strike – 1.01 Lakh
Index has resistance near 24650 - 24750 range and if index crosses and sustains above 24750 level then may reach near 24900 - 24950 range.
Index has immediate support near 24350 – 24250 range and if this support is broken then index may tank near 24050 – 23950 range.
Trade closed: target reached
Gap down opening with high near 25325 then further tank to low near 23820 and closed near 23890.
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.