Finnifty Intraday Analysis for 20th June 2024
CNXFINANCE Maximum Call writing near CMP is at 23000 strike with 5.06 Lakh followed by 3.08 Lakh at 23500 Strike and 2.52 Lakh at 23300 strike and Put writing of 6.12 Lakh at 22500 Strike followed by 4.33 Lakh at 23000 Strike and 4.30 Lakh at 22700 strike. Index is closed near 22945 level.
Index has resistance near 23200 – 23300 range and if index crosses and sustain above 23350 level then may reach near 23500 level.
Index has immediate support near 22800 level and if this support is broken then index may tank near 22600 level.
Trade closed: target reached
Open flat and made low near 22800 support level and bounced to close above 23000 level.
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.