Finnifty Intraday Analysis for 28th November 2024

21 hours ago

CNXFINANCE

Index closed near 24170 level and Maximum Call and Put Writing near CMP as below in December Month contract:

Call Writing
24000 Strike – 0.69 Lakh
24200 Strike – 0.35 Lakh
24500 Strike – 0.29 Lakh

Put Writing
24000 Strike – 1.26 Lakh
24100 Strike – 0.47 Lakh
24200 Strike – 0.44 Lakh

Index has resistance near 24250 - 24350 range and if index crosses and sustains above this level then may reach near 24500 - 24550 range.

However, Index has immediate support near 23750 – 23650 range and if this support is broken then index may tank near 23400 – 23300 range.

5 hours ago

Trade closed: target reached

Gap up opening and made high near 24380 then tanked to low near 23855 with close near 23920.