Nifty 50 IndexUpdated Nifty Intraday Analysis for 06th February 2025
NIFTY Index closed near 23695 level and Maximum Call and Put Writing near CMP as below in current weekly contract:
Call Writing
24000 Strike – 165.67 Lakh 23700 Strike – 129.92 Lakh
23800 Strike – 125.83 Lakh
Put Writing
23000 Strike – 130.84 Lakh
23500 Strike – 126.02 Lakh
23200 Strike – 84.29 Lakh
Index has resistance near 23800 - 23850 range and if index crosses and sustains above this level then may reach near 24050 - 24100 range.
Index has immediate support near 23550 – 23500 range and if this support is broken then index may tank near 23350 – 23300 range.
Trade closed: target reached
Gap up opening with high near 23775 then tank to low near 23555 and closed near 23605.
Disclaimer: Above discussion is not a Buy or Sell recommendation. This is only for educational purpose.
Request for follow on X @rkmaurya_ra
Request for follow on X @rkmaurya_ra
Disclaimer: Above discussion is not a Buy or Sell recommendation. This is only for educational purpose.
Request for follow on X @rkmaurya_ra
Request for follow on X @rkmaurya_ra
Disclaimer
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