NIFTY Index closed near 24415 level and Maximum Call and Put Writing near CMP as below in current weekly contract:
Call Writing
24500 Strike – 187.39 Lakh 24400 Strike – 157.08 Lakh
25000 Strike – 118.21 Lakh
Put Writing
24300 Strike – 133.81 Lakh
24400 Strike – 115.50 Lakh
24000 Strike – 95.65 Lakh
Index has resistance near 24550 – 24600 range and if index crosses and sustains above this level then may reach near 24750 – 24800 range.
Index has immediate support near 24250 – 24200 range and if this support is broken then index may tank near 24000 – 23950 range.
Trade closed: target reached
Gap up opening with high near 24445 then tank to low near 24150 and closed near 24275.
Disclaimer: Above discussion is not a Buy or Sell recommendation. This is only for educational purpose.
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Disclaimer: Above discussion is not a Buy or Sell recommendation. This is only for educational purpose.
Request for follow on X @rkmaurya_ra
Survey: Help us shape better advisory & learning services forms.gle/KdZGVk727dX4Ummc6
Request for follow on X @rkmaurya_ra
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.