Nifty Intraday Analysis for 23rd October 2024
Updated
NIFTY Index closed near 24470 level and Maximum Call and Put Writing near CMP as below in current weekly contract:
Call Writing
25000 Strike – 94.74 Lakh
24800 Strike – 62.23 Lakh
24700 Strike – 49.43 Lakh
Put Writing
24000 Strike – 57.51 Lakh
24500 Strike – 36.60 Lakh
24400 Strike – 33.40 Lakh
Index has resistance near 24700 – 23800 range and if index crosses and sustains above this level then may reach near 24950 - 25000 range.
Index has immediate support near 24450 – 24350 range and if this support is broken then index may tank near 24200 – 24100 range.
Trade closed: target reached
Open flat with low 24380 and made high near 24605 and closed near 24435.
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