Nifty Intraday Analysis for 24th July 2024

Index closed near 24480 level and Maximum Call and Put Writing near CMP as below in current weekly contract:

Call Writing
25000 Strike – 113.03 Lakh
24500 Strike – 71.14 Lakh
24800 Strike – 63.35 Lakh

Put Writing
24000 Strike – 90.88 Lakh
24500 Strike – 61.21 Lakh
24300 Strike – 43.42 Lakh

Index has resistance near 24500 – 24600 range and if index crosses and sustain above 24650 level then may reach near 24800 - 24850 range.

Index has immediate support near 24300 level and if this support is broken then index may tank near 24100 – 24000 range.

交易結束：目標達成

Open flat with high near 24505 then tanked to low near 24310 level and bounced to close near 24440.