Nifty Intraday Analysis for 25th September 2024

Sep 24

NIFTY

Index closed near 25940 level and Maximum Call and Put Writing near CMP as below in current weekly contract:

Call Writing
26000 Strike – 90.83 Lakh
26500 Strike – 63.41 Lakh
26200 Strike – 54.24 Lakh

Put Writing
25500 Strike – 75.46 Lakh
25900 Strike – 63.39 Lakh
25800 Strike – 57.92 Lakh

Index has resistance near 25950 – 26050 range and if index crosses and sustains above 26050 level then may reach near 26200 - 26250 range.

Index has immediate support near 25800 – 25700 range and if this support is broken then index may tank near 25600 – 25500 range.

Sep 25

Trade closed: target reached

Open flat and made low near 25870 and made all time high of 26032.80.