Nifty 50 IndexUpdated Nifty Intraday Analysis for 17th January 2025
NIFTY Index closed near 23310 level and Maximum Call and Put Writing near CMP as below in current weekly contract:
Call Writing
23300 Strike – 27.53 Lakh 23500 Strike – 26.25 Lakh
23400 Strike – 18.31 Lakh
Put Writing
23200 Strike – 26.13 Lakh
23000 Strike – 25.62 Lakh
23300 Strike – 21.74 Lakh
Index has resistance near 23350 - 23400 range and if index crosses and sustains above this level then may reach near 23500 - 23550 range.
Index has immediate support near 23200 – 23150 range and if this support is broken then index may tank near 23000 – 22950 range.
Trade closed: target reached
Gap down opening with high near 22290 and further tanked to low near23100 with close near 23205.
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.