Banknifty Intraday Analysis for 26th August 2024

Index closed near 50935 level and Maximum Call and Put Writing near CMP as below in current weekly contract:

Call Writing
51000 Strike – 32.90 Lakh
52000 Strike –26.88 Lakh
51500 Strike – 23.44 Lakh

Put Writing
51000 Strike – 23.63 Lakh
50500 Strike – 18.54 Lakh
50000 Strike – 21.59 Lakh

Index has resistance near 51100 – 51200 range and if index crosses and sustain above 51200 level then may reach near 51600 – 51800 range.

Index has immediate support near 50700 – 50600 range and if this support is broken then index may tank near 50000 - 49800 range.

交易結束：目標達成

Gap up opening and made high near 51320 level and closed near 51165.