Finnifty Intraday Analysis for 22nd January 2025
CNXFINANCE Index closed near 22550 level and Maximum Call and Put Writing near CMP as below in January Month contract:
Call Writing
23000 Strike – 2.23 Lakh
23800 Strike –0.63 Lakh
23700 Strike – 0.59 Lakh
Put Writing
22000 Strike – 1.28 Lakh
22500 Strike – 1.20 Lakh
23000 Strike – 0.92 Lakh
Index has resistance near 22700 - 22750 range and if index crosses and sustains above this level then may reach near 22900 - 22950 range.
Index has immediate support near 22400 – 22350 range and if this support is broken then index may tank near 22200 – 22150 range.
Volatility expected due uncertainty on the tariff imposition decision by the Trump Administration and any other unaccounted news.
Trade fermée: cible de profit atteinte
Open flat then tank to low near 22365 then bounced and recovered loss with high near 22680 and closed near 22650.
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.