Nifty 50 IndexUpdated

Nifty Intraday Analysis for 30th January 2025

NIFTY

Index closed near 23165 level and Maximum Call and Put Writing near CMP as below in current weekly contract:

Call Writing
23000 Strike – 77.20 Lakh 23500 Strike – 76.50 Lakh
23300 Strike – 56.74 Lakh

Put Writing
23000 Strike – 124.33 Lakh
22500 Strike – 102.56 Lakh
229800 Strike – 63.50 Lakh

Index has resistance near 23250 - 23300 range and if index crosses and sustains above this level then may reach near 23400 - 23450 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 up opening with low near 23140 then made high near 23320 with close near 23250.

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