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RKMAURYA

Finnifty Intraday Analysis for 23rd May 2024

Nifty Financial Services Index (NSE:CNXFINANCE)  
RKMAURYA Updated   
NSE:CNXFINANCE   Nifty Financial Services Index
Support and Resistance Supply and Demand Trend Lines
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supportandresistance supplyanddemand trendline
CNXFINANCE

Maximum Call writing near CMP is at 21400 strike with 5.88 Lakh followed by 5.58 Lakh Call at 22000 Strike and 4.05 Lakh at 21500 strike. Maximum Put writing is at 3.77 Lakh at 21400 strike followed by 3.45 Lakh Put writing at 20900 strike and 3.28 Lakh at 21300 strike. Index closed near 21325 level.

Index has strong resistance near 21425 - 21500 level and if crosses and sustain above 21500 level and if sustain above 21525 then reach near 22600 level.

Index has support near 21300 - 21250 level and if this support is broken then index may reach near 21100 level.
Trade closed: target reached:
Open flat then broke 21525 and 21625 resistance level and closed above 21700 level.
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