Nifty Intraday Analysis for 24th October 2024

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NIFTY

Index closed near 24435 level and Maximum Call and Put Writing near CMP as below in current weekly contract:

Call Writing
25000 Strike – 131.29 Lakh
24800 Strike – 78.64 Lakh
24600 Strike – 73.46 Lakh

Put Writing
24000 Strike – 70.06 Lakh
24200 Strike – 57.71 Lakh
24400 Strike – 57.10 Lakh

Index has resistance near 24650 – 23750 range and if index crosses and sustains above this level then may reach near 24900 - 25000 range.

Index has immediate support near 24400 – 24300 range and if this support is broken then index may tank near 24150 – 24050 range.
Trade chiuso: stop raggiunto
Traded in range between 24340 - 24450 with close near 24415.
Supply and DemandSupport and ResistanceTrend Lines

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