Nifty Intraday Analysis for 08th October 2024
Updated
NIFTY Index closed near 24795 level and Maximum Call and Put Writing near CMP as below in current weekly contract:
Call Writing
25500 Strike – 68.80 Lakh
25000 Strike – 48.35 Lakh
25200 Strike – 41.66 Lakh
Put Writing
24500 Strike – 34.14 Lakh
25000 Strike – 25.91 Lakh
24800 Strike – 24.78 Lakh
Index has resistance near 25000 – 25100 range and if index crosses and sustains above this level then may reach near 25300 - 25400 range.
Index has immediate support near 24600 – 24500 range and if this support is broken then index may tank near 24300 – 24200 range.
Trade closed: target reached
Open flat with low near 24800 and made high near 25045 with close near 25040.
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