Nifty Intraday Analysis for 18th November 2024

Index closed near 23535 level and Maximum Call and Put Writing near CMP as below in current weekly contract:

Call Writing
24000 Strike – 45.81 Lakh
23600 Strike – 28.89 Lakh
23500 Strike – 25.62 Lakh

Put Writing
23000 Strike – 34.00 Lakh
23500 Strike – 33.23 Lakh
23600 Strike – 23.56 Lakh

Index has immediate support near 23350 – 23300 range and if this support is broken then index may tank near 23100 – 23000 range.

Index has resistance near 23750 – 23800 range and if index crosses and sustains above this level then may reach near 24000 - 24100 range.

交易結束：目標達成

Open flat with high near 23605 then tanked to low near 23350 then bounced and closed near 23465.