Banknifty Intraday Analysis for 20th February 2025

שלשום

BANKNIFTY

Index closed near 49570 level and Maximum Call and Put Writing near CMP as below in February Month contract:

Call Writing
50000 Strike – 12.37 Lakh
50500 Strike – 11.69 Lakh 49500 Strike – 10.46 Lakh

Put Writing
49000 Strike – 15.95 Lakh
48500 Strike – 10.23 Lakh
49500 Strike – 9.12 Lakh

Index has resistance near 50000 – 50100 range and if index crosses and sustains above this level then may reach near 50400 – 50500 range.

Index has immediate support near 49000 - 48900 range and if this support is broken then index may tank near 48700 - 48500 range.

שלשום

עסקה סגורה: היעד הושג

Gap down opening with high near 49455 and further tank to low near 49150 and closed near 49335.