Long

Nifty Intraday Analysis for 9th December 2024

Updated

3 days ago

4 days ago

Index closed near 24680 level and Maximum Call and Put Writing near CMP as below in current weekly contract:

Call Writing
25000 Strike – 73.49 Lakh
24700 Strike – 56.70 Lakh
24800 Strike – 40.09 Lakh

Put Writing
24500 Strike – 50.72 Lakh
24700 Strike – 45.38 Lakh
24200 Strike – 47.28 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.

3 days ago

Order cancelled

Open flat and traded in range 24690 - 24580 with close near 24620.

RKMAURYA

Disclaimer: Above discussion is not a Buy or Sell recommendation. This is only for educational purpose.

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