Banknifty Intraday Analysis for 9th December 2024

Index closed near 53510 level and Maximum Call and Put Writing near CMP as below in December Month contract:

Call Writing
54000 Strike – 17.03 Lakh
53000 Strike – 12.96 Lakh
53500 Strike – 9.93 Lakh

Put Writing
52500 Strike – 15.06 Lakh
53000 Strike – 12.95 Lakh
53500 Strike – 10.00 Lakh

Index has resistance near 54000 – 54200 range and if index crosses and sustains above this level then may reach near 54500 – 54600 range.

Index has immediate support near 53200 - 53000 range and if this support is broken then index may tank near 52850 - 52260 range.

交易結束：目標達成

Gap down opening with low near 53325 and bounced to high near 53725 and closed near 53705.