Nifty Bank IndexAtualizado

Banknifty Intraday Analysis for 23rd January 2025

BANKNIFTY

Index closed near 48725 level and Maximum Call and Put Writing near CMP as below in January Month contract:

Call Writing
50000 Strike – 22.14 Lakh
49000 Strike – 15.82 Lakh
49500 Strike – 15.41 Lakh

Put Writing
48000 Strike – 13.69 Lakh
48500 Strike – 9.93 Lakh
49000 Strike – 8.94 Lakh

Index has resistance near 49000 – 49100 range and if index crosses and sustains above this level then may reach near 49600 – 49700 range.

Index has immediate support near 48000 - 47900 range and if this support is broken then index may tank near 47500 - 47400 range.
Trade fechado: objetivo atingido
Gap up opening with low near 48495 and made high near 48895 with close near 48590.

Aviso legal