Nifty Intraday Analysis for 11th October 2024
Updated
NIFTY Index closed near 25000 level and Maximum Call and Put Writing near CMP as below in current weekly contract:
Call Writing
25000 Strike – 39.93 Lakh
25500 Strike – 32.55 Lakh
25200 Strike – 29.59 Lakh
Put Writing
25000 Strike – 46.75 Lakh
24900 Strike – 19.80 Lakh
25100 Strike – 15.98 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 24800 – 24700 range and if this support is broken then index may tank near 24550 – 24500 range.
Order cancelled
Open flat and traded in range between 25030 - 24930 with close near 24975 level.
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