Nifty Intraday Analysis for 23rd August 2024

Index closed near 24810 level and Maximum Call and Put Writing near CMP as below in current weekly contract:

Call Writing
25000 Strike – 54.18 Lakh
25500 Strike – 51.37 Lakh
24800 Strike – 36.16 Lakh

Put Writing
24500 Strike – 58.79 Lakh
24700 Strike – 38.63 Lakh
24800 Strike – 38.43 Lakh

Index has resistance near 24850 – 24900 range and if index crosses and sustain above 24900 level then may reach near 25000 - 25100 range.

Index has immediate support near 24750 – 24700 range and if 24700 support is broken then index may tank near 24500 – 24450 range.

取消訂單

Open flat and traded in range.