RKMAURYA

Nifty Intraday Analysis for 18th April 2024

RKMAURYA Updated   
NSE:NIFTY   Nifty 50 Index
NIFTY

Highest Call writing of 106.77 Lakh at 22500 Strike followed by 95.51 Lakh at 22700 Strike. Maximum Put writing of 68.69 Lakh at 22000 Strike followed by 60.17 Lakh at 21500 Strike.

Index may face resistance near 22430 - 22500 and retraces if reaches near that level.

Index has strong support near 21990 level and it is less likely to be broken. if 21990 level is broken then Index may fall near 21900 level

Any change will be updated if any new development arise due to Israel Iran war tension arises.
Trade closed: target reached:
Gap up opening and faced resistance near 22325 and retraced and tanked to low and closed near 22000 support level.

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