Banknifty Intraday Analysis for 14th January 2025

Index closed near 48040 level and Maximum Call and Put Writing near CMP as below in January Month contract:

Call Writing
49000 Strike – 11.81 Lakh
48500 Strike – 5.94 Lakh
48000 Strike – 5.23 Lakh

Put Writing
48000 Strike – 12.95 Lakh
47000 Strike – 12.65 Lakh
47500 Strike – 6.77 Lakh

Index has resistance near 48500 – 48600 range and if index crosses and sustains above this level then may reach near 49000 – 491000 range.

Index has immediate support near 47700 - 47600 range and if this support is broken then index may tank near 47100 - 47000 range.

交易结束：到达目标

Gap up opening with low near 48235 and then made high near 48905 and close near 48730.