Finnifty Intraday Analysis for 20th February 2025NSE:CNXFINANCE
Index closed near 23455 level and Maximum Call and Put Writing near CMP as below in February Month contract:
Call Writing
24000 Strike – 3.92 Lakh
23500 Strike – 2.12 Lakh
23900 Strike – 1.15 Lakh
Put Writing
23500 Strike – 1.62 Lakh
23000 Strike – 1.16 Lakh
23100 Strike – 0.67 Lakh
Index has resistance near 23550 - 23600 range and if index crosses and sustains above this level then may reach near 23725 - 23775 range.
Index has immediate support near 23250 – 23200 range and if this support is broken then index may tank near 23050 – 23000 range.