Finnifty Intraday Analysis for 01st October 2024

Sep 30

CNXFINANCE

Index closed near 24480 level and Maximum Call and Put Writing near CMP as below in current weekly contract:

Call Writing
25000 Strike – 21.34 Lakh
25100 Strike – 14.96 Lakh
24800 Strike – 14.40 Lakh

Put Writing
24000 Strike – 19.48 Lakh
24300 Strike – 11.37 Lakh
24500 Strike – 9.37 Lakh

Index has resistance near 24750 - 24850 range and if index crosses and sustains above 25250 level then may reach near 25100 - 25200 range.

Index has immediate support near 24250 – 24150 range and if this support is broken then index may tank near 24050 – 23050 range.

Oct 1

Trade closed: target reached

Open flat and traded in narrow range.