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Nifty 50 Index
Updated

Nifty Intraday Analysis for 12th June 2024

113
NIFTY

Maximum Call writing near CMP is at 24000 strike with 167.08 Lakh followed by 56.38 Lakh at 23500 Strike and 42.82 Lakh at 23300 strike and Put writing of 78.10 Lakh at 22500 Strike followed by 68.53 Lakh at 23000 Strike and 50.37 Lakh at 23200 strike. Index is closed near 23260 level.

Index has resistance near 23350 level and if index crosses and sustain above 23350 level then may reach near 23500 level. If Index crosses and sustain above 23600 then index may reach near 24000.

Index has immediate support near 23200 - 23100 level and if this support is broken then index may tank near 22900 level.
Trade closed: target reached
Open flat and broked 23350 resistance and made high near 23440 level but could not sustain and closed near 23305 level.
RKMAURYA
Disclaimer: Above discussion is not a Buy or Sell recommendation. This is only for educational purpose.

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Supply and DemandSupport and ResistanceTrend Lines

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Supply and DemandSupport and ResistanceTrend Lines
RKMAURYA
Disclaimer: Above discussion is not a Buy or Sell recommendation. This is only for educational purpose.

Request for follow on X @rkmaurya_ra
Also on:

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.