Nifty Intraday Analysis for 15th October 2024

Oct 14

NIFTY

Index closed near 25130 level and Maximum Call and Put Writing near CMP as below in current weekly contract:

Call Writing
25500 Strike – 52.60 Lakh
25200 Strike – 46.27 Lakh
25000 Strike – 37.19 Lakh


Put Writing
25000 Strike – 66.99 Lakh
24900 Strike – 36.96 Lakh
24500 Strike – 32.24 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 25000 – 24950 range and if this support is broken then index may tank near 24850 – 24800 range.

Oct 15

Trade closed: target reached

Gap up opening with high near 25210 then tank to low near 25010 and close near 25065.