Nifty 50 IndexUpdated Nifty Intraday Analysis for 2nd July 2024
NIFTY Maximum Call writing near CMP is at 25000 strike with 119.65 Lakh followed by 67.42 Lakh at 24500 Strike and 53.14 Lakh at 24700 strike and Put writing of 79.07 Lakh at 24000 Strike followed by 62.95 Lakh at 23500 Strike and 43.46 Lakh at 23800 strike. Index is closed near 24140 level.
Index has resistance near 24150 - 24200 range and if index crosses and sustain above 24250 level then may reach near 24500 level.
Index has immediate support near 24000 – 23900 range and if this support is broken then index may tank near 23800 – 23700 range.
Trade closed: target reached
Gap up opening but could not sustain above 24200 resistance level and tanked to low near 24050 level and managed to close above 24100 level.
Disclaimer: Above discussion is not a Buy or Sell recommendation. This is only for educational purpose.
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Disclaimer
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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.