Nifty Intraday Analysis for 13th January 2025

Index closed near 23430 level and Maximum Call and Put Writing near CMP as below in current weekly contract:

Call Writing
23800 Strike – 66.04 Lakh 23500 Strike – 44.61 Lakh
23700 Strike – 42.49 Lakh

Put Writing
23000 Strike – 47.28 Lakh
23500 Strike – 38.88 Lakh
23400 Strike – 29.87 Lakh

Index has resistance near 23600 - 23650 range and if index crosses and sustains above this level then may reach near 23750 - 23800 range.

Index has immediate support near 23300 – 23250 range and if this support is broken then index may tank near 23050 – 23000 range. Gap down opening expected in anticipation of slow down in rate cut in US due to good employment data released on Friday evening.

交易结束：到达目标

Gap down opening then made high near 23340 then further tanked to low near 23045 and closed near 23085.