Finnifty Intraday Analysis for 13th December 2024

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CNXFINANCE

Index closed near 24725 level and Maximum Call and Put Writing near CMP as below in December Month contract:

Call Writing
25000 Strike – 2.56 Lakh
24800 Strike – 1.55 Lakh
24700 Strike – 1.31 Lakh

Put Writing
24800 Strike – 1.34 Lakh
24700 Strike – 1.13 Lakh
24500 Strike – 0.81 Lakh

Index has resistance near 24850 - 24900 range and if index crosses and sustains above this level then may reach near 25050 - 25100 range.

Index has immediate support near 24600 – 24550 range and if this support is broken then index may tank near 24450 – 24400 range.
Trade fermée: cible de profit atteinte
Gap down opening and tanked to low near 24275 then bounced and made high near 24910 with close near 24880.
Supply and DemandSupport and ResistanceTrend Lines

Disclaimer: Above discussion is not a Buy or Sell recommendation. This is only for educational purpose.

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