Finnifty Intraday Analysis for 9th December 2024

Diupdate
CNXFINANCE

Index closed near 24705 level and Maximum Call and Put Writing near CMP as below in December Month contract:

Call Writing
25000 Strike – 1.19 Lakh
24800 Strike – 0.61 Lakh
24500 Strike – 0.51 Lakh

Put Writing
24000 Strike – 1.19 Lakh
24500 Strike – 0.81 Lakh
24200 Strike – 0.68 Lakh

Index has resistance near 24850 - 24900 range and if index crosses and sustains above this level then may reach near 25000 - 25100 range.

Index has immediate support near 24600 – 24550 range and if this support is broken then index may tank near 24375 – 24325 range.
Trading ditutup: target tercapai
Gap down opening with low near 24625 and bounced to high near 24855 and closed near 24725.
Supply and DemandSupport and ResistanceTrend Lines

Disclaimer: Above discussion is not a Buy or Sell recommendation. This is only for educational purpose.

Request for follow on X @rkmaurya_ra
Juga di:

Pernyataan Penyangkalan