Finnifty Intraday Analysis for 20th August 2024

Index closed near 22925 level and Maximum Call and Put Writing near CMP as below in current weekly contract:

Call Writing
23500 Strike – 28.66 Lakh
23000 Strike – 23.30 Lakh
23200 Strike – 20.71 Lakh

Put Writing
22400 Strike – 17.67 Lakh
22700 Strike – 14.92 Lakh
22500 Strike – 13.46 Lakh

Index has resistance near 23150 - 23250 range and if index crosses and sustain above 23250 level then may reach near 23500 - 23600 range.

Index has immediate support near 22800 – 22650 range and if this support is broken then index may tank near 22500 – 22400 range.

交易結束：目標達成

Ope flat and made high near 23250 resistance level.