Nifty Bank Index
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Banknifty Intraday Analysis for 5th July 2024

82
BANKNIFTY

Maximum Call writing near CMP is at 53000 strike with 17.69 Lakh followed by 14.00 Lakh at 54000 Strike and 12.87 Lakh at 54500 strike and Put writing of 20.87 Lakh at 53000 Strike followed by 16.73 Lakh at 52000 Strike and 12.85 Lakh at 52500 strike. Index is closed near 53105 level.

Index has resistance near 53200 range and if index crosses and sustain above 53250 level then may reach near 53500 range. If Index crosses and sustain above 53600 level, then may reach near 54000 level.

Index has immediate support near 52700 level and if this support is broken then index may tank near 52200 – 52000 range.
Trade fermée: cible de profit atteinte
Gap down opening and broked 52700 support level and made low near 52300 level and managed to close above 52600 level.

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