Nifty Intraday Analysis for 27th November 2024

4 days ago

NIFTY

Index closed near 24195 level and Maximum Call and Put Writing near CMP as below in current weekly contract:

Call Writing
24500 Strike – 92.52 Lakh
24300 Strike – 81.50 Lakh
24400 Strike – 57.67 Lakh

Put Writing
24000 Strike – 65.25 Lakh
24300 Strike – 51.09 Lakh
24200 Strike – 45.40 Lakh

Index has resistance near 24300 – 24330 range and if index crosses and sustains above this level then may reach near 24450 - 24500 range.

Index has immediate support near 24050 – 23950 range and if this support is broken then index may tank near 23850 – 23800 range.

3 days ago

Trade closed: target reached

Open flat and made low near 24145 and bounced with high near 24305 and close near 24275.