Banknifty Intraday Analysis for 28th August 2024

Index closed near 51150 level and Maximum Call and Put Writing near CMP as below in current weekly contract:

Call Writing
52000 Strike – 42.41 Lakh
51500 Strike – 33.67 Lakh
52500 Strike – 30.73 Lakh

Put Writing
51000 Strike – 34.98 Lakh
50000 Strike – 32.71 Lakh
50500 Strike – 26.49 Lakh

Index has resistance near 51400 – 51500 range and if index crosses and sustain above 51500 level then may reach near 51900 – 51950 range.

Index has immediate support near 50950 – 50850 range and if this support is broken then index may tank near 50500 - 49400 range.

取消訂單

Open flat and traded in narrow range.