Nifty Intraday Analysis for 4th September 2024

Index closed near 25280 level and Maximum Call and Put Writing near CMP as below in current weekly contract:

Call Writing
26000 Strike – 85.28 Lakh
25300 Strike – 71.93 Lakh
25600 Strike – 67.34 Lakh

Put Writing
25000 Strike – 65.91 Lakh
24500 Strike – 57.30 Lakh
25200 Strike – 50.85 Lakh

Index has resistance near 25350 – 25375 range and if index crosses and sustain above 25375 level then may reach near 25500 - 25600 range.

Index has immediate support near 25175 – 25125 range and if 25125 support is broken then index may tank near 25000 – 24900 range.

交易結束：目標達成

Gap down opening with low near 25085 and bounced with high near 51250.