Nifty Intraday Analysis for 9th August 2024

Index closed near 24115 level and Maximum Call and Put Writing near CMP as below in current weekly contract:

Call Writing
25000 Strike – 49.27 Lakh
24500 Strike – 34.40 Lakh
24300 Strike – 29.68 Lakh

Put Writing
24000 Strike – 25.24 Lakh
24200 Strike – 20.85 Lakh
23500 Strike – 19.51 Lakh

Index has resistance near 24400 – 24500 range and if index crosses and sustain above 24500 level then may reach near 24650 - 24700 range.

Index has immediate support near 24150 – 24000 range and if 24000 support is broken then index may tank near 23700 – 23600 range.

交易結束：目標達成

Gap up opening but could not sustain above 24400 resistance and closed below it.