Long

Nifty Intraday Analysis for 3rd January 2025

Updated

3 days ago

3 days ago

Index closed near 24190 level and Maximum Call and Put Writing near CMP as below in current weekly contract:

Call Writing
24200 Strike – 36.59 Lakh 24500 Strike – 29.98 Lakh
24000 Strike – 23.56 Lakh

Put Writing
24000 Strike – 39.03 Lakh
23900 Strike – 36.22 Lakh
24200 Strike – 30.25 Lakh

Index has resistance near 24250 - 24300 range and if index crosses and sustains above this level then may reach near 24450 - 24500 range.

Index has immediate support near 23950 – 23900 range and if this support is broken then index may tank near 23800 – 23750 range.

3 days ago

Trade closed: target reached

Open flat with high near 24195 then tanked to low near 23975 and closed near 24005.

RKMAURYA

Disclaimer: Above discussion is not a Buy or Sell recommendation. This is only for educational purpose.

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