Finnifty Intraday Analysis for 23rd September 2024

Updated
CNXFINANCE

Index closed near 24790 level and Maximum Call and Put Writing near CMP as below in current weekly contract:

Call Writing
25000 Strike – 7.09 Lakh
25200 Strike – 6.04 Lakh
24500 Strike – 5.55 Lakh

Put Writing
24000 Strike – 11.32 Lakh
24500 Strike – 8.90 Lakh
24300 Strike – 8.21 Lakh

Index has resistance near 25000 - 25050 range and if index crosses and sustains above 25050 level then may reach near 25200 - 25250 range.

Index has immediate support near 25600 – 24500 range and if this support is broken then index may tank near 24300 – 24200 range.
Trade closed: target reached
Open flat and made high near 24995 level.
Supply and DemandSupport and ResistanceTrend Lines

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