Nifty Intraday Analysis for 16th January 2025

Index closed near 23215 level and Maximum Call and Put Writing near CMP as below in current weekly contract:

Call Writing
23300 Strike – 148.59 Lakh 23200 Strike – 115.58 Lakh
23500 Strike – 114.98 Lakh

Put Writing
23200 Strike – 139.24 Lakh
23000 Strike – 115.46 Lakh
23100 Strike – 80.16 Lakh

Index has resistance near 23250 - 23300 range and if index crosses and sustains above this level then may reach near 233400 - 23450 range.

Index has immediate support near 23050 – 23000 range and if this support is broken then index may tank near 22850 – 22800 range.

交易結束：目標達成

Gap up opening and made high near 23390 and profit booking dragged to low near 22270 and closed near 23310.