Finnifty Intraday Analysis for 22nd January 2025

Index closed near 22550 level and Maximum Call and Put Writing near CMP as below in January Month contract:

Call Writing
23000 Strike – 2.23 Lakh
23800 Strike –0.63 Lakh
23700 Strike – 0.59 Lakh

Put Writing
22000 Strike – 1.28 Lakh
22500 Strike – 1.20 Lakh
23000 Strike – 0.92 Lakh

Index has resistance near 22700 - 22750 range and if index crosses and sustains above this level then may reach near 22900 - 22950 range.

Index has immediate support near 22400 – 22350 range and if this support is broken then index may tank near 22200 – 22150 range.

Volatility expected due uncertainty on the tariff imposition decision by the Trump Administration and any other unaccounted news.

交易結束：目標達成

Open flat then tank to low near 22365 then bounced and recovered loss with high near 22680 and closed near 22650.