Banknifty Intraday Analysis for 16th September 2024

Index closed near 51940 level and Maximum Call and Put Writing near CMP as below in current weekly contract:

Call Writing
52000 Strike – 23.74 Lakh
53000 Strike – 18.07 Lakh
52500 Strike – 15.54 Lakh

Put Writing
51000 Strike – 21.60 Lakh
51500 Strike – 20.51 Lakh
51200 Strike – 13.72 Lakh

Index has resistance near 52000 – 52100 range and if index crosses and sustains above 52100 level then may reach near 52500 – 52600 range.

Index has immediate support near 51600 – 51500 range and if this support is broken then index may tank near 51100 - 51000 range.

交易結束：目標達成

Gap up opening and traded in range between 52210 and 52010 level.