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Finnifty Intraday Analysis for 07th February 2025

CNXFINANCE

Index closed near 23660 level and Maximum Call and Put Writing near CMP as below in February Month contract:

Call Writing
24000 Strike – 0.56 Lakh
23500 Strike – 0.53 Lakh
23600 Strike – 0.44 Lakh

Put Writing
23000 Strike – 0.63 Lakh
23500 Strike – 0.49 Lakh
23600 Strike – 0.42 Lakh

Index has resistance near 23750 - 23800 range and if index crosses and sustains above this level then may reach near 23950 - 24000 range.

Index has immediate support near 23500 – 23450 range and if this support is broken then index may tank near 23300 – 23250 range.
Trade fermée: cible de profit atteinte
Open flat and swing both side with high 23780 and low near 23410 with close near 23540 on RBI Repo Rate cut.

Clause de non-responsabilité