Nifty Intraday Analysis for 8th January 2025

Index closed near 23710 level and Maximum Call and Put Writing near CMP as below in current weekly contract:

Call Writing
24000 Strike – 122.43 Lakh 24200 Strike – 111.77 Lakh
24100 Strike – 77.23 Lakh

Put Writing
23200 Strike – 92.26 Lakh
23500 Strike – 56.77 Lakh
23300 Strike – 54.14 Lakh

Index has resistance near 23800 - 23850 range and if index crosses and sustains above this level then may reach near 24000 - 24050 range.

Index has immediate support near 23600 – 23550 range and if this support is broken then index may tank near 23400 – 23350 range.

交易結束：目標達成

Open flat with high near 23750 then tank to low to 23495 and close near 23690 on recovery.