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Nifty Intraday Analysis for 25th October 2024

NIFTY

Index closed near 24400 level and Maximum Call and Put Writing near CMP as below in current weekly contract:

Call Writing
25000 Strike – 77.75 Lakh
24500 Strike – 59.27 Lakh
24400 Strike – 36.05 Lakh

Put Writing
24500 Strike – 59.72 Lakh
24000 Strike – 54.39 Lakh
24400 Strike – 48.85 Lakh

Index has resistance near 24550 – 23650 range and if index crosses and sustains above this level then may reach near 24850 - 25950 range.

Index has immediate support near 24350 – 24300 range and if this support is broken then index may tank near 24150 – 24050 range.
Dagangan ditutup: sasaran tercapai
Gap up opening with high near 24375 then tanked to low near 24075 and closed near 24210.

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