Finnifty Intraday Analysis for 26th April 2024
CNXFINANCE Maximum Call writing is at 22000 strike with 11.51 Lakh followed by 6.43 Lakh Call at 21700 Strike and 6.10 Lakh at 21600 strike. Maximum Put writing is at 8.52 Lakh at 20900 strike followed by 7.41 Lakh Put writing at 21000 strike and 7.73 Lakh at 21700 strike.
As the weak US Q1 Data and gap down opening expected and if bounced then index may face resistance near 21650 - 21700 level.
Gap down expected and Index may find support near 21300 - 21250 level unless new geopolitical tension arises.
Trade closed: target reached
Open flat instead of gap down even though made low near 21300 support level.
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: 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.