Nifty 50 IndexUpdated Nifty Intraday Analysis for 25th October 2024
NIFTY Index closed near 24400 level and Maximum Call and Put Writing near CMP as below in current weekly contract:
Call Writing
25000 Strike – 77.75 Lakh
24500 Strike – 59.27 Lakh
24400 Strike – 36.05 Lakh
Put Writing
24500 Strike – 59.72 Lakh
24000 Strike – 54.39 Lakh
24400 Strike – 48.85 Lakh
Index has resistance near 24550 – 23650 range and if index crosses and sustains above this level then may reach near 24850 - 25950 range.
Index has immediate support near 24350 – 24300 range and if this support is broken then index may tank near 24150 – 24050 range.
Trade closed: target reached
Gap up opening with high near 24375 then tanked to low near 24075 and closed near 24210.
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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