Nifty 50 IndexUpdated Nifty Intraday Analysis for 20th February 2025
NIFTY Index closed near 22935 level and Maximum Call and Put Writing near CMP as below in current weekly contract:
Call Writing
23500 Strike – 122.29 Lakh 23100 Strike – 100.52 Lakh
23000 Strike – 82.43 Lakh
Put Writing
22500 Strike – 81.68 Lakh
22800 Strike – 73.10 Lakh
22900 Strike – 48.87 Lakh
Index may reach 23100 - 23150 range, if crosses and sustains above 23000 level. Further, Index may reach 23250 - 23300 range, iIf sustain above 23300 level.
Index has immediate support near 22800 – 22750 range and if this support is broken then index may tank near 22650 – 22600 range.
Trade closed: target reached
Gap down opening with low near 22815 then bounced and made high near 22925 and closed near 22915.
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.
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.