Nifty 50 Index
Updated

Nifty Intraday Analysis for 10th January 2025

126
NIFTY

Index closed near 23525 level and Maximum Call and Put Writing near CMP as below in current weekly contract:

Call Writing
24000 Strike – 43.13 Lakh 23800 Strike – 34.42 Lakh
23700 Strike – 28.87 Lakh

Put Writing
23000 Strike – 31.17 Lakh
23500 Strike – 26.31 Lakh
23600 Strike – 24.72 Lakh

Index has resistance near 23700 - 23750 range and if index crosses and sustains above this level then may reach near 23900 - 23950 range.

Index has immediate support near 23450 – 23400 range and if this support is broken then index may tank near 23300 – 23250 range.
Trade closed: target reached
Open flat with high near 23595 then tanked to low near 23345 again bounced but could not sustained and closed near 23430.

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