Finnifty Intraday Analysis for 6th December 2024

Aktualisiert
CNXFINANCE

Index closed near 24730 level and Maximum Call and Put Writing near CMP as below in December Month contract:

Call Writing
25000 Strike – 1.13 Lakh
24500 Strike – 0.60 Lakh
24600 Strike – 0.48 Lakh

Put Writing
24000 Strike – 1.17 Lakh
24500 Strike – 0.79 Lakh
24500 Strike – 0.75 Lakh

Index has resistance near 24850 - 24900 range and if index crosses and sustains above this level then may reach near 25000 - 25100 range.

Index has immediate support near 24600 – 24550 range and if this support is broken then index may tank near 24375 – 24325 range.

High volatility expected due to RBI MPC commentary on Inflation, GDP forecast and rate cut.
Trade geschlossen: Ziel wurde erreicht
Flat opening and traded in range between 24830 - 24565 with close near 24705.
Supply and DemandSupport and ResistanceTrend Lines

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

Request for follow on X @rkmaurya_ra
Auch am:

Haftungsausschluss