Nifty 50 IndexUpdated Nifty Intraday Analysis for 18th December 2024
NIFTY Index closed near 24335 level and Maximum Call and Put Writing near CMP as below in current weekly contract:
Call Writing
24700 Strike – 102.46 Lakh 24500 Strike – 100.29 Lakh
24600 Strike – 98.74 Lakh
Put Writing
22900 Strike – 80.79 Lakh
24000 Strike – 79.80 Lakh
23500 Strike – 62.16 Lakh
Index has resistance near 24500 - 24550 range and if index crosses and sustains above this level then may reach near 24700 - 24750 range.
Index has immediate support near 24175 – 24125 range and if this support is broken then index may tank near 24000 – 23950 range.
Trade closed: target reached
Open flat then made high near 24395 then tanked to low near 24150 with close near 24200.
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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