Nifty Intraday Analysis for 27th February 2025

NIFTY

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

Call Writing
22700 Strike – 149.56 Lakh 23000 Strike – 130.27 Lakh
22800 Strike – 97.33 Lakh

Put Writing
22600 Strike – 111.26 Lakh
22500 Strike – 105.40 Lakh
22000 Strike – 84.19 Lakh

Index may reach 22700 - 22750 range, if crosses and sustains above 22650 level. Further, Index may reach 22875 - 22925 range, if sustain above 22750 level.

Index has immediate support near 22450 – 22400 range and if this support is broken then index may tank near 22250 – 22200 range.