Nifty Financial Services IndexAtualizado

Finnifty Intraday Analysis for 19th September 2024

CNXFINANCE

Index closed near 24325 level and Maximum Call and Put Writing near CMP as below in current
weekly contract:

Call Writing
25000 Strike – 3.95 Lakh
24500 Strike – 2.63 Lakh
24300 Strike – 2.36 Lakh

Put Writing
24100 Strike – 5.28 Lakh
24000 Strike – 4.62 Lakh
24200 Strike – 2.90 Lakh

Index has resistance near 24500 - 24600 range and if index crosses and sustains above 24600 level then may reach near 24800 - 24900 range.

Index has immediate support near 23900 – 23800 range and if this support is broken then index may tank near 23750 – 23700 range.

Big swing expected on either side due to the upcoming US FOMC Rate cut outcome.
Trade fechado: objetivo atingido
Gap up opening and made high near 24585 then tanked to low near 24335 and closed near 24410.

Aviso legal