Nifty 50 IndexUpdated Nifty Intraday Analysis for 23rd January 2025
NIFTY Index closed near 23155 level and Maximum Call and Put Writing near CMP as below in current weekly contract:
Call Writing
23500 Strike – 113.11 Lakh 23300 Strike – 94.40 Lakh
23200 Strike – 84.95 Lakh
Put Writing
22300 Strike – 113.58 Lakh
23100 Strike – 84.76 Lakh
22900 Strike – 55.47 Lakh
Index has resistance near 23200 - 23250 range and if index crosses and sustains above this level then may reach near 234350 - 23400 range.
Index has immediate support near 23000 – 22950 range and if this support is broken then index may tank near 22800 – 22750 range.
Trade closed: target reached
Gap down opening with low near 23105 and bounced with high near 23270 with close near 23205.
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: 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
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