Finnifty Intraday Analysis for 4th September 2024

Index closed near 23920 level and Maximum Call and Put Writing near CMP as below in current weekly contract:

Call Writing
24000 Strike – 5.71 Lakh
23700 Strike – 3.78 Lakh
23900 Strike – 2.97 Lakh

Put Writing
23700 Strike – 7.63 Lakh
23800 Strike – 3.60 Lakh
23900 Strike – 3.21 Lakh

Index has resistance near 23950 - 24000 range and if index crosses and sustain above 24000 level then may reach near 24250 - 24300 range.

Index has immediate support near 23750 – 23700 range and if this support is broken then index may tank near 23600 – 23550 range.

交易結束：目標達成

Gap down opening with low near 23740 and bounced and closed near 23850.