Nifty Intraday Analysis for 11th December 2024

2 days ago

NIFTY

Index closed near 24610 level and Maximum Call and Put Writing near CMP as below in current weekly contract:

Call Writing
25000 Strike – 121.28 Lakh
24700 Strike – 114.92 Lakh
24800 Strike – 81.90 Lakh

Put Writing
24000 Strike – 94.23 Lakh
24300 Strike – 68.75 Lakh
24500 Strike – 64.48 Lakh

Index has resistance near 24800 – 24850 range and if index crosses and sustains above this level then may reach near 24950 - 25000 range.

Index has immediate support near 24500 – 24450 range and if this support is broken then index may tank near 24300 – 24250 range.

yesterday

Trade closed: target reached

Open flat with low near 53585 and made high near 24690 and close near 24640.