Banknifty Intraday Analysis for 24th September 2024

Index closed near 54105 level and Maximum Call and Put Writing near CMP as below in current weekly contract:

Call Writing
55000 Strike – 24.29 Lakh
54000 Strike – 20.34 Lakh
54200 Strike – 14.82 Lakh

Put Writing
53000 Strike – 29.52 Lakh
55500 Strike – 24.23 Lakh
54000 Strike – 22.09 Lakh

Index has resistance near 54200 – 54300 range and if index crosses and sustains above 54300 level then may reach near 54500 – 54600 range.

Index has immediate support near 53700 – 53500 range and if this support is broken then index may tank near 53000 - 529500 range.

交易结束：到达目标

Open flat and traded in narrow range.