Nifty Intraday Analysis for 17th January 2025

16 בינו׳

NIFTY

Index closed near 23310 level and Maximum Call and Put Writing near CMP as below in current weekly contract:

Call Writing
23300 Strike – 27.53 Lakh 23500 Strike – 26.25 Lakh
23400 Strike – 18.31 Lakh

Put Writing
23200 Strike – 26.13 Lakh
23000 Strike – 25.62 Lakh
23300 Strike – 21.74 Lakh

Index has resistance near 23350 - 23400 range and if index crosses and sustains above this level then may reach near 23500 - 23550 range.

Index has immediate support near 23200 – 23150 range and if this support is broken then index may tank near 23000 – 22950 range.

17 בינו׳

עסקה סגורה: היעד הושג

Gap down opening with high near 22290 and further tanked to low near23100 with close near 23205.