Finnifty Intraday Analysis for 25th November 2024
CNXFINANCE Index closed near 23625 level and Maximum Call and Put Writing near CMP as below in current Monthly contract:
Call Writing
24200 Strike – 6.98 Lakh
24000 Strike – 5.03 Lakh
23800 Strike – 4.04 Lakh
Put Writing
23000 Strike – 5.45 Lakh
23300 Strike – 4.95 Lakh
23100 Strike – 4.14 Lakh
Gap up opening is expected in the event of a better than expected win by BJP in Maharashtra election. Index has resistance near 23900 - 24000 range and if index crosses and sustains above this level then may reach near 242500 - 24350 range.
Downside moments are less likely. However, Index has immediate support near 23450 – 23400 range and if this support is broken then index may tank near 23250 – 23200 range.
Trading ditutup: target tercapai
Gap up opening with low near 23930 and made high near 24130 with close near 24060.
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
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.
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
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.