Finnifty Intraday Analysis for 1st January 2025

Index closed near 23515 level and Maximum Call and Put Writing near CMP as below in January Month contract:

Call Writing
23500 Strike – 0.51 Lakh
24000 Strike – 0.47 Lakh
24500 Strike – 0.38 Lakh

Put Writing
24000 Strike – 0.87 Lakh
23500 Strike – 0.75 Lakh
23700 Strike – 0.18 Lakh

Index has resistance near 23650 - 23700 range and if index crosses and sustains above this level then may reach near 23850 - 23900 range.

Index has immediate support near 23400 – 23350 range and if this support is broken then index may tank near 23200 – 23150 range.

交易结束：到达目标

Open flat and tank to low near 23370 then bounced to 23715 with close near 23620.