Banknifty Intraday Analysis for 4th December 2024

Index closed near 52695 level and Maximum Call and Put Writing near CMP as below in December Month contract:

Call Writing
53000 Strike – 15.73 Lakh
54000 Strike – 14.86 Lakh
53500 Strike – 10.41 Lakh

Put Writing
52500 Strike – 15.73 Lakh
52000 Strike – 14.98 Lakh
53000 Strike – 8.44 Lakh

Index has resistance near 52950 – 53100 range and if index crosses and sustains above this level then may reach near 53500 – 53600 range.

Index has immediate support near 52300 - 52200 range and if this support is broken then index may tank near 51800 - 51700 range.

交易結束：目標達成

Gap up opening with low near 52685 and bounced to high near 53390 with close near 53265.