Finnifty Intraday Analysis for 29th July 2024

28 Jul 2024

CNXFINANCE

Index closed near 23315 level and Maximum Call and Put Writing near CMP as below in current weekly contract:

Call Writing
23800 Strike – 9.79 Lakh
23500 Strike – 8.92 Lakh
23600 Strike – 8.31 Lakh

Put Writing
23000 Strike – 10.96 Lakh
22800 Strike – 6.15 Lakh
22900 Strike – 5.64 Lakh

Index has resistance near 23400 - 23500 range and if index crosses and sustain above 23500 level then may reach near 23400 level. If index further crosses and sustain above 23500 then may reach near 23700 – 23800 range.

Index has immediate support near 23100 – 23000 range and if this support is broken then index may tank near 22950 – 22850 range.

29 Jul 2024

Trading ditutup: target tercapai

Gap up opening and made high near 23670 then tanked to low near 23220 with close near 23305.