Finnifty Intraday Analysis for 21st October 2024

20 ott

CNXFINANCE

Index closed near 23940 level and Maximum Call and Put Writing near CMP as below in current weekly contract:

Call Writing
24000 Strike – 12.57 Lakh
24300 Strike – 5.98 Lakh
24100 Strike – 5.76 Lakh

Put Writing
23700 Strike – 9.40 Lakh
23500 Strike – 7.60 Lakh
23600 Strike – 7.58 Lakh

Index has resistance near 24050 - 24100 range and if index crosses and sustains above this level then may reach near 24250 - 24300 range.

Index has immediate support near 23700 – 23650 range and if this support is broken then index may tank near 24500 – 24450 range.

21 ott

Trade chiuso: obiettivo raggiunto

Gap up opening with high near 23215 then tanked to low near 23900.