Nifty Intraday Analysis for 24th September 2024
Updated
NIFTY Index closed near 25940 level and Maximum Call and Put Writing near CMP as below in current weekly contract:
Call Writing
26000 Strike – 70.03 Lakh
26500 Strike – 52.94 Lakh
26200 Strike – 50.13 Lakh
Put Writing
25500 Strike – 86.69 Lakh
25700 Strike – 62.15 Lakh
25800 Strike – 57.34 Lakh
Index has resistance near 25950 – 26050 range and if index crosses and sustains above 26050 level then may reach near 26200 - 26250 range.
Index has immediate support near 25800 – 25700 range and if this support is broken then index may tank near 25600 – 25500 range.
Trade closed: target reached
Open flat and traded in range and touched 26000 level.
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