Banknifty Intraday Analysis for 27th August 2024

Index closed near 51150 level and Maximum Call and Put Writing near CMP as below in current weekly contract:

Call Writing
52000 Strike – 31.00 Lakh
51500 Strike – 26.12 Lakh
51000 Strike – 22.22L Lakh

Put Writing
51000 Strike – 27.69 Lakh
50000 Strike – 23.86 Lakh
50500 Strike – 21.87 Lakh

Index has resistance near 51300 – 51350 range and if index crosses and sustain above 51350 level then may reach near 51600 – 51800 range.

Index has immediate support near 50950 – 50850 range and if this support is broken then index may tank near 50500 - 49400 range.

交易結束：目標達成

Open flat and made low near 50940 and bounced to high near 51404 and close near 51170.