Nifty 50 IndexUpdated Nifty Intraday Analysis for 03rd March 2025
NIFTY Index closed near 22125 level and Maximum Call and Put Writing near CMP as below in current weekly contract:
Call Writing
22500 Strike – 120.30 Lakh 22300 Strike – 72.64 Lakh
22600 Strike – 69.70 Lakh
Put Writing
21800 Strike – 72.29 Lakh
22500 Strike – 59.11 Lakh
22000 Strike – 51.42 Lakh
Index may reach 22250 - 22300 range, if crosses and sustains above 22650 level. Further, Index may reach 22400 - 22450 range, if sustain above 22750 level.
Index has immediate support near 22000 – 21950 range and if this support is broken then index may tank near 21800 – 21750 range.
Volatility expected due to non resolution of Russia Ukraine war and imposition of import tariff by US on Canada Mexico and China with effect from 4th March 2025.
Trade closed: target reached
Gap up opening with high near 22260 then tank to low near 22005 and close near 22120.
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.