Nifty Bank Index
Long
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Banknifty Intraday Analysis for 11th June 2024

84
BANKNIFTY

Maximum Call writing near CMP is at 50000 strike with 26.09 Lakh followed by 25.06 Lakh at 51000 Strike and 22.83 Lakh at 50500 strike and Put writing of 19.36 Lakh at 48000 Strike followed by 18.83 Lakh at 49000 Strike and 12.25 Lakh at 48500 strike. Index is closed near 49780 level.

Index has resistance near 50125 level and if index crosses and sustain above 50200 level then may reach near 50700 - 51100 range.

Index has immediate support near 49500 level and if this support is broken then index may tank near 49000 level.
Ordre annulé
Traded in narrow range but could not cross 50000 level. No trade initiated.

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