Finnifty Intraday Analysis for 17th January 2025

16 בינו׳

CNXFINANCE

Index closed near 22945 level and Maximum Call and Put Writing near CMP as below in January Month contract:

Call Writing
23000 Strike – 1.40 Lakh
23500 Strike – 1.26 Lakh
23600 Strike – 0.67 Lakh

Put Writing
22500 Strike – 1.17 Lakh
23000 Strike – 0.75 Lakh
23700 Strike – 0.51 Lakh

Index has resistance near 23100 - 23150 range and if index crosses and sustains above this level then may reach near 23300 - 23550 range.

Index has immediate support near 22800 – 22750 range and if this support is broken then index may tank near 22600 – 22550 range.

17 בינו׳

עסקה סגורה: היעד הושג

Gap down opening with high near 22840 and further tanked to low near 22520 with close near 22610.