Nifty Intraday Analysis for 22nd January 2025
NIFTY Index closed near 23025 level and Maximum Call and Put Writing near CMP as below in current weekly contract:
Call Writing
23500 Strike – 93.98 Lakh 23400 Strike – 65.63 Lakh
23300 Strike – 62.14 Lakh
Put Writing
22500 Strike – 66.13 Lakh
23000 Strike – 56.80 Lakh
22400 Strike – 55.68 Lakh
Index has resistance near 23200 - 23250 range and if index crosses and sustains above this level then may reach near 234350 - 23400 range.
Index has immediate support near 22850 – 22800 range and if this support is broken then index may tank near 22700 – 22650 range.
Volatility expected due uncertainty on the tariff imposition decision by the Trump Administration and any other unaccounted news.
Trade fechado: objetivo atingido
Open flat then tank to low near 22980 then bounced and recovered loss with high near 23170 and closed near 23155.
Disclaimer: Above discussion is not a Buy or Sell recommendation. This is only for educational purpose.
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Disclaimer: Above discussion is not a Buy or Sell recommendation. This is only for educational purpose.
Request for follow on X @rkmaurya_ra
Request for follow on X @rkmaurya_ra
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.