Nifty 50 IndexUpdated Nifty Intraday Analysis for 21st February 2025
NIFTY Index closed near 22915 level and Maximum Call and Put Writing near CMP as below in current weekly contract:
Call Writing
23500 Strike – 99.20 Lakh 23000 Strike – 77.10 Lakh
23200 Strike – 48.98 Lakh
Put Writing
23000 Strike – 72.73 Lakh
22500 Strike – 56.08 Lakh
22800 Strike – 43.86 Lakh
Index may reach 23150 - 23200 range, if crosses and sustains above 23050 level. Further, Index may reach 23300 - 23350 range, if sustain above 23100 level.
Index has immediate support near 22800 – 22750 range and if this support is broken then index may tank near 22650 – 22600 range.
Trade closed: target reached
Gap down opening with high near 22920 then tank to low near 22720 and bounced with close near 22795 level.
Disclaimer: Above discussion is not a Buy or Sell recommendation. This is only for educational purpose.
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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.
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.