Nifty Intraday Analysis for 25th November 2024

Index closed near 23905 level and Maximum Call and Put Writing near CMP as below in current weekly contract:

Call Writing
24500 Strike – 64.67 Lakh
24000 Strike – 54.92 Lakh
23900 Strike – 43.59 Lakh

Put Writing
23500 Strike – 80.25 Lakh
23600 Strike – 41.51 Lakh
23700 Strike – 35.90 Lakh

Gap up opening is expected in the event of a better than expected win by BJP in Maharashtra election. Index has resistance near 24200 – 24250 range and if index crosses and sustains above this level then may reach near 24400 - 24500 range.

Downside moments are less likely. However, Index has immediate support near 23700 – 23650 range and if this support is broken then index may tank near 23400 – 23350 range.

交易結束：目標達成

Gap up opening and made hig near 24350 then profit booking dragged to low near 24135 with close near 24220.