Nifty Intraday Analysis for 13th November 2024

Nov 12

NIFTY

Index closed near 23885 level and Maximum Call and Put Writing near CMP as below in current weekly contract:

Call Writing
24600 Strike – 100.51 Lakh
24200 Strike – 80.60 Lakh
24300 Strike – 71.39 Lakh

Put Writing
23500 Strike – 46.09 Lakh
24000 Strike – 32.54 Lakh
23800 Strike – 29.42 Lakh

Index has resistance near 24050 – 24100 range and if index crosses and sustains above this level then may reach near 24250 - 24300 range.

Index has immediate support near 23750 – 23700 range and if this support is broken then index may tank near 23600 – 23550 range.

Nov 13

Trade closed: target reached

Open flat with high near 23875 then tank to low near 23510 and closed near 23605.