Nifty Intraday Analysis for 20th January 2025

Index closed near 23205 level and Maximum Call and Put Writing near CMP as below in current weekly contract:

Call Writing
23500 Strike – 46.98 Lakh 23700 Strike – 42.58 Lakh
23600 Strike – 40.37 Lakh

Put Writing
22700 Strike – 46.26 Lakh
22500 Strike – 43.08 Lakh
23000 Strike – 36.89 Lakh

Index has resistance near 23300 - 23350 range and if index crosses and sustains above this level then may reach near 23450 - 23500 range.

Index has immediate support near 23050 – 23000 range and if this support is broken then index may tank near 228050 – 22800 range.

It is expected that the Index will open with flat to negative sentiment and close red on Monday before Trump assumes office.

交易結束：目標達成

Gap up opening then tanked to low near 23170 and again bounced to high near 23390 and closed near 23345.