Nifty 50 IndexUpdated Nifty Intraday Analysis for 14th February 2025
NIFTY Index closed near 23030 level and Maximum Call and Put Writing near CMP as below in current weekly contract:
Call Writing
23500 Strike – 42.42 Lakh 23400 Strike – 37.91 Lakh
23200 Strike – 32.49 Lakh
Put Writing
22500 Strike – 32.37 Lakh
23000 Strike – 27.10 Lakh
22800 Strike – 23.109 Lakh
Index has resistance near 23225 - 23275 range and if index crosses and sustains above this level then may reach near 23400 - 23450 range.
Index has immediate support near 22800 – 22750 range and if this support is broken then index may tank near 22650 – 22600 range.
Big move expected on either side with upside biases as per outcome of PM Modi and President Trump meeting and trade deals tonight followed by a press conference.
Trade closed: target reached
Gap up opening with high near 23135 then tank to low near 22775 and closed near 22930.
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
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