Banknifty Intraday Analysis for 16th December 2024

Index closed near 53585 level and Maximum Call and Put Writing near CMP as below in December Month contract:

Call Writing
54000 Strike – 24.75 Lakh
53500 Strike – 17.49 Lakh
54500 Strike – 14.75 Lakh

Put Writing
53000 Strike – 19.94 Lakh
52500 Strike – 16.53 Lakh
53500 Strike – 14.29 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 52900 - 52800 range and if this support is broken then index may tank near 52500 - 52400 range.

交易結束：目標達成

Open flat and made high near 53740 and low near 53335 with close near 53580.