Finnifty Intraday Analysis for 05th March 2025

שלשום

CNXFINANCE

Index closed near 23030 level and Maximum Call and Put Writing near CMP as below in March Month contract:

Call Writing
23000 Strike – 0.81 Lakh
23500 Strike – 0.56 Lakh
23200 Strike – 0.46 Lakh

Put Writing
23000 Strike – 0.95 Lakh
23200 Strike – 0.52 Lakh
22700 Strike – 0.52 Lakh

Index has resistance near 23100 - 23150 range and if index crosses and sustains above this level then may reach near 23250 - 23300 range.

Index has immediate support near 22900 – 22850 range and if this support is broken then index may tank near 22750 – 22700 range.

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

אתמול

עסקה סגורה: היעד הושג

Gap down opening with low near 22950 and made high near 23125 and close near 23050.