Finnifty Intraday Analysis for 5th December 2024

Index closed near 24565 level and Maximum Call and Put Writing near CMP as below in December Month contract:

Call Writing
25000 Strike – 1.42 Lakh
24500 Strike – 0.77 Lakh
24700 Strike – 0.58 Lakh

Put Writing
24000 Strike – 1.40 Lakh
24200 Strike – 0.80 Lakh
24500 Strike – 072 Lakh

Index has resistance near 24700 - 24750 range and if index crosses and sustains above this level then may reach near 24950 - 25000 range.

Index has immediate support near 24400 – 24350 range and if this support is broken then index may tank near 24200 – 24150 range.

交易結束：目標達成

Gap up opening then tank to low near 24335 then bounced with high near 24875 and closed near 24730.