Long

Nifty Intraday Analysis for 13th December 2024

Updated

8 hours ago

yesterday

Index closed near 24550 level and Maximum Call and Put Writing near CMP as below in current weekly contract:

Call Writing
25000 Strike – 48.18 Lakh 24600 Strike – 37.20 Lakh
24700 Strike – 29.81 Lakh

Put Writing
24000 Strike – 30.22 Lakh
24600 Strike – 29.33 Lakh
24500 Strike – 29.25 Lakh

Index has resistance near 24700 – 24750 range and if index crosses and sustains above this level then may reach near 24900 - 24950 range.

Index has immediate support near 24500 – 24450 range and if this support is broken then index may tank near 24300 – 24250 range.

8 hours ago

Trade closed: target reached

Gap down opening and tanked to low near 24180 then bounced and made high near 24790 with close near 24770.

RKMAURYA

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

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