Nifty Intraday Analysis for 6th December 2024

5 déc. 2024

NIFTY

Index closed near 24710 level and Maximum Call and Put Writing near CMP as below in current weekly contract:

Call Writing
25000 Strike – 31.58 Lakh
24500 Strike – 26.84 Lakh
24500 Strike – 20.96 Lakh

Put Writing
24500 Strike – 40.76 Lakh
24000 Strike – 30.79 Lakh
24700 Strike – 18.31 Lakh

Index has resistance near 24800 – 24850 range and if index crosses and sustains above this level then may reach near 24950 - 25000 range.

Index has immediate support near 24500 – 24450 range and if this support is broken then index may tank near 24300 – 24250 range.

High volatility expected due to RBI MPC commentary on Inflation, GDP forecast and rate cut.

6 déc. 2024

Ordre annulé

Flat opening and traded in range between 24750 - 24620 with close near 24680.