Nifty 50 IndexUpdated

Nifty Intraday Analysis for 25th June 2024

NIFTY

Maximum Call writing near CMP is at 24000 strike with 128.80 Lakh followed by 58.96 Lakh at 23500 Strike and 49.62 Lakh at 23600 strike and Put writing of 132.26 Lakh at 23000 Strike followed by 69.20 Lakh at 23500 Strike and 68.57 Lakh at 23400 strike. Index is closed near 23540 level.

Index has resistance near 23600 - 23650 range and if index crosses and sustain above 23700 level then may reach near 23800 level. If Index crosses and sustain above 23800 then index may reach near 24000.

Index has immediate support near 23350 - 23300 range and if this support is broken then index may tank near 23200 level.
Trade closed: target reached
Gap up opening and broked 23650 resistance level and made high near 23750 level.

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