Finnifty Intraday Analysis for 13th December 2024

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CNXFINANCE

Index closed near 24725 level and Maximum Call and Put Writing near CMP as below in December Month contract:

Call Writing
25000 Strike – 2.56 Lakh
24800 Strike – 1.55 Lakh
24700 Strike – 1.31 Lakh

Put Writing
24800 Strike – 1.34 Lakh
24700 Strike – 1.13 Lakh
24500 Strike – 0.81 Lakh

Index has resistance near 24850 - 24900 range and if index crosses and sustains above this level then may reach near 25050 - 25100 range.

Index has immediate support near 24600 – 24550 range and if this support is broken then index may tank near 24450 – 24400 range.
Đóng lệnh: đạt mục tiêu
Gap down opening and tanked to low near 24275 then bounced and made high near 24910 with close near 24880.
Supply and DemandSupport and ResistanceTrend Lines

Disclaimer: Above discussion is not a Buy or Sell recommendation. This is only for educational purpose.

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