Nifty Intraday Analysis for 16th December 2024

Index closed near 24770 level and Maximum Call and Put Writing near CMP as below in current weekly contract:

Call Writing
25000 Strike – 68.51 Lakh 25100 Strike – 51.89 Lakh
24800 Strike – 48.68 Lakh

Put Writing
25000 Strike – 62.85 Lakh
24000 Strike – 61.24 Lakh
24400 Strike – 48.33 Lakh

Index has resistance near 24900 - 24950 range and if index crosses and sustains above this level then may reach near 25050 - 25100 range.

Index has immediate support near 24550 – 24500 range and if this support is broken then index may tank near 24350 – 24250 range.

交易结束：到达目标

Open flat with high near 24780 and low near 24600 with close near 24670.