Finnifty Intraday Analysis for 27th December 2024
CNXFINANCE Index closed near 23745 level and Maximum Call and Put Writing near CMP as below in December Month contract:
Call Writing
24000 Strike – 4.68 Lakh
23900 Strike – 3.59 Lakh
23800 Strike – 3.14 Lakh
Put Writing
23800 Strike – 3.17 Lakh
23500 Strike – 2.49 Lakh
23700 Strike – 2.48 Lakh
Index has resistance near 23900 - 23950 range and if index crosses and sustains above this level then may reach near 24150 - 24200 range.
Index has immediate support near 23550 – 23500 range and if this support is broken then index may tank near 23200 – 23150 range.
Trade closed: target reached
Gap up opening and made high near 23930 then tanked to low near 23760 and closed near 23790.
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.