Nifty Intraday Analysis for 25th July 2024

Index closed near 24415 level and Maximum Call and Put Writing near CMP as below in current weekly contract:

Call Writing
25000 Strike – 148.36 Lakh
24800 Strike – 89.96 Lakh
24500 Strike – 84.85 Lakh

Put Writing
24000 Strike – 118.14 Lakh
23800 Strike – 55.82 Lakh
24400 Strike – 53.49 Lakh

Index has resistance near 24550 – 24600 range and if index crosses and sustain above 24650 level then may reach near 24800 - 24850 range.

Index has immediate support near 24300 level and if this support is broken then index may tank near 24100 – 24000 range.

交易結束：目標達成

Gap down opening with low near 24250 level and bounced to close above 24400 support level.