Nifty Intraday Analysis for 6th August 2024

Diupdate
NIFTY

Index closed near 24055 level and Maximum Call and Put Writing near CMP as below in current weekly contract:

Call Writing
25000 Strike – 108.01 Lakh
24800 Strike – 66.56 Lakh
24800 Strike – 46.70 Lakh

Put Writing
24000 Strike – 62.41 Lakh
23500 Strike – 42.83 Lakh
24100 Strike – 31.37 Lakh

Index has immediate support near 23900 – 23800 range and if 24800 support is broken then index may tank near 23450 – 24350 range. Upside moment is less likely to happen.

Index has resistance near 24225 – 24350 range and if index crosses and sustain above 24350 level then may reach near 24400 - 24500 range. Upside moment is less likely to happen.
Trading ditutup: target tercapai
Made high near 24380 but could not sustain and tanked with close near 24035 level.
Supply and DemandSupport and ResistanceTrend Lines

Juga di:

Pernyataan Penyangkalan