Banknifty Intraday Analysis for 9th January 2025

Index closed near 49835 level and Maximum Call and Put Writing near CMP as below in January Month contract:

Call Writing
51000 Strike – 16.19 Lakh
50000 Strike – 9.27 Lakh
50500 Strike – 6.16 Lakh

Put Writing
50000 Strike – 12.27 Lakh
49000 Strike – 11.97 Lakh
49500 Strike – 6.80 Lakh

Index has resistance near 50400 – 50500 range and if index crosses and sustains above this level then may reach near 50900 – 51000 range.

Index has immediate support near 49500 - 49400 range and if this support is broken then index may tank near 49000 - 48900 range.

Dagangan ditutup: sasaran tercapai

Gap down opening with high near 49800 then tank to low near 49230 with close near 49505.

RKMAURYA

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

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RKMAURYA

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

Request for follow on X @rkmaurya_ra

Juga pada:

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