Banknifty Intraday Analysis for 07th October 2024

Index closed near 51460 level and Maximum Call and Put Writing near CMP as below in current weekly contract:

Call Writing
53000 Strike – 31.85 Lakh
52500 Strike – 22.36 Lakh
52000 Strike – 20.25 Lakh

Put Writing
50500 Strike – 15.76 Lakh
51000 Strike – 13.40 Lakh
51500 Strike – 11.99 Lakh

Index has resistance near 53200 – 53300 range and if index crosses and sustains above 53300 level then may reach near 53600 – 53800 range.

Index has immediate support near 51100 – 51000 range and if this support is broken then index may tank near 50600 - 50500 range.

交易結束：目標達成

Open flat with high near 51785 then tanked to low near 50195 with close near 50635.