Nifty Intraday Analysis for 10th October 2024

Index closed near 24980 level and Maximum Call and Put Writing near CMP as below in current weekly contract:

Call Writing
25500 Strike – 121.02 Lakh
25200 Strike – 83.21 Lakh
25300 Strike – 75.18 Lakh

Put Writing
24500 Strike – 24.98 Lakh
25000 Strike – 48.72 Lakh
24800 Strike – 43.97 Lakh

Index has resistance near 25250 – 25300 range and if index crosses and sustains above this level then may reach near 25500 - 25600 range.

Index has immediate support near 24800 – 24700 range and if this support is broken then index may tank near 24550 – 24500 range.

Order cancelled

Gap up opening with high near 25135 and low near 24980.

RKMAURYA

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

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RKMAURYA

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

Request for follow on X @rkmaurya_ra

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