Banknifty Intraday Analysis for 30th July 2024

Index closed near 51405 level and Maximum Call and Put Writing near CMP as below in current weekly contract:

Call Writing
52000 Strike – 31.77 Lakh
52500 Strike – 30.77 Lakh
51500 Strike – 24.29 Lakh

Put Writing
50000 Strike – 24.96 Lakh
50200 Strike – 20.00 Lakh
51000 Strike – 18.97 Lakh

Index has resistance near 51700 – 51800 range and if index crosses and sustain above 51800 level then may reach near 52350 – 52400 range.

Index has immediate support near 50550 – 50450 range and if this support is broken then index may tank near 50200 – 50000 range.

交易結束：目標達成

Open flat and made high near 51960 level but could not sustain and closed below 50450 support.