Nifty Intraday Analysis for 29th July 2024

Index closed near 24835 level and Maximum Call and Put Writing near CMP as below in current weekly contract:

Call Writing
25000 Strike – 55.86 Lakh
25500 Strike – 55.07 Lakh
25100 Strike – 39.14 Lakh

Put Writing
24500 Strike – 62.35 Lakh
24400 Strike – 48.51 Lakh
24600 Strike – 45.85 Lakh

Index has resistance near 25000 – 25100 range and if index crosses and sustain above 25100 level then may reach near 25250 - 25300 range.

Index has immediate support near 24700 – 24600 range and if 24600 support is broken then index may tank near 24450 – 24400 range.

交易結束：目標達成

Gap up opening and made high near 25000 then tanked to low near 24775 with close near 24840.