Finnifty Intraday Analysis for 03rd June 2024
CNXFINANCE Maximum Call writing near CMP is at 22000 strike with 5.41 Lakh followed by 4.64 Lakh Call at 22500 Strike and 2.84 Lakh at 21700 strike. Maximum Put writing is at 2.31 Lakh at 21600 strike followed by 2.10 Lakh Put writing at 21700 strike and 1.48 Lakh at 22000 strike. Index closed near 21720 level. Volatility will be high due to exit poll outcome and General Election result on 4th June.
Gap up opening expected around 21900 level and if Index crosses and sustain above 21925 level then Index may reach near 22000 level. Profit booking expected on higher level in the last trading session due to election result on 4th June.
Index has support near 21520 - 21490 range and if this support is broken then index may reach near 21335 - 21250 level. Next support level is 21000.
Trade fermée: cible de profit atteinte
Gap up opening above 22600 level and closed above 22650 level.
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
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.