Banknifty Intraday Analysis for 05th March 2025

שלשום

BANKNIFTY

Index closed near 48245 level and Maximum Call and Put Writing near CMP as below in March Month contract:

Call Writing
50000 Strike – 13.01 Lakh
49000 Strike – 11.39 Lakh 48500 Strike – 6.64 Lakh

Put Writing
48000 Strike – 10.92 Lakh
47000 Strike – 7.84 Lakh
49000 Strike – 7.52 Lakh

Index has resistance near 48600 – 48700 range and if index crosses and sustains above this level then may reach near 49000 – 49100 range.

Index has immediate support near 47800 - 47700 range and if this support is broken then index may tank near 47100 - 47000 range.

Volatility expected due to imposition of import tariff by the US on Canada, Mexico and China.

אתמול

עסקה סגורה: היעד הושג

Open flat with low near 48190 then made high near 48660 and close near 48490.