Banknifty Intraday Analysis for 20th August 2024

8月19日

BANKNIFTY

Index closed near 50370 level and Maximum Call and Put Writing near CMP as below in current weekly contract:

Call Writing
50500 Strike – 29.15 Lakh
51000 Strike – 27.59 Lakh
51500 Strike – 19.18 Lakh

Put Writing
50000 Strike – 21.77 Lakh
50500 Strike – 15.07 Lakh
49500 Strike – 14.78 Lakh

Index has resistance near 50850 – 51000 range and if index crosses and sustain above 51100 level then may reach near 51600 – 51800 range.

Index has immediate support near 50150 – 50000 range and if this support is broken then index may tank near 49650 - 49500 range.

8月20日

交易结束：到达目标

Open flat and made high near 51000 resistance level with close near 50720.