Banknifty Intraday Analysis for 11th October 2024

Index closed near 51530 level and Maximum Call and Put Writing near CMP as below in current weekly contract:

Call Writing
52000 Strike – 16.83 Lakh
51500 Strike – 14.28 Lakh
52500 Strike – 11.75 Lakh

Put Writing
51000 Strike – 17.98 Lakh
50500 Strike – 11.73 Lakh
51500 Strike – 11.70 Lakh

Index has resistance near 51700 – 51800 range and if index crosses and sustains above this level then may reach near 52400 – 52500 range.

Index has immediate support near 50750 – 50650 range and if this support is broken then index may tank near 50200 - 50100 range.

交易结束：到达目标

Open flat and tank to low near 51005 and closed near 51190 level.