Banknifty Intraday Analysis for 5th December 2024

Index closed near 53265 level and Maximum Call and Put Writing near CMP as below in December Month contract:

Call Writing
54000 Strike – 16.50 Lakh
53000 Strike – 14.48 Lakh
53500 Strike – 12.21 Lakh

Put Writing
52000 Strike – 16.91 Lakh
52500 Strike – 16.29 Lakh
53000 Strike – 11.67 Lakh

Index has resistance near 53500 – 53600 range and if index crosses and sustains above this level then may reach near 54000 – 54200 range.

Index has immediate support near 52850 - 52750 range and if this support is broken then index may tank near 52300 - 52200 range.

交易結束：目標達成

Gap up opening then tank to low near 52850 then bounced with high near 53825 and closed near 53605.