Nifty Intraday Analysis for 26th November 2024
Updated
NIFTY Index closed near 24220 level and Maximum Call and Put Writing near CMP as below in current weekly contract:
Call Writing
24500 Strike – 80.07 Lakh
24300 Strike – 75.08 Lakh
24200 Strike – 43.27 Lakh
Put Writing
24300 Strike – 59.06 Lakh
24000 Strike – 58.08 Lakh
24200 Strike – 43.56 Lakh
Index has resistance near 24300 – 24550 range and if index crosses and sustains above this level then may reach near 24500 - 24550 range.
Index has immediate support near 24050 – 23950 range and if this support is broken then index may tank near 23850 – 23800 range.
Trade closed: target reached
Gap up opening with high near 24335 then tanked to low near 24125 and close near 240195.
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