Finnifty Intraday Analysis for 21st August 2024

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CNXFINANCE

Index closed near 23180 level and Maximum Call and Put Writing near CMP as below in current weekly contract:

Call Writing
23300 Strike – 2.57 Lakh
23500 Strike – 1.85 Lakh
23200 Strike – 1.65 Lakh

Put Writing
23200 Strike – 3.74 Lakh
23000 Strike – 2.22 Lakh
23100 Strike – 1.30 Lakh

Index has resistance near 23300 - 23350 range and if index crosses and sustain above 23350 level then may reach near 23500 - 23600 range.

Index has immediate support near 23050 – 23000 range and if this support is broken then index may tank near 22650 – 22550 range.
Ordine annullato
Open flat and traded in narrow range.
Supply and DemandSupport and ResistanceTrend Lines

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