Nifty Bank IndexUpdated Banknifty Intraday Analysis for 27th June 2024
BANKNIFTY Maximum Call writing near CMP is at 53000 strike with 17.83 Lakh followed by 8.81 Lakh at 54000 Strike and 8.61 Lakh at 52500 strike and Put writing of 12.25 Lakh at 52000 Strike followed by 11.30 Lakh at 53000 Strike and 11.28 Lakh at 52500 strike. Index is closed near 52870 level.
Index has resistance near 53000 level and if index crosses and sustain above 53100 level then may reach near 53500 level. If Index crosses and sustain above 53600 level, then may reach near 54000 level.
Index has immediate support near 52400 – 52300 range and if this support is broken then index may tank near 52000 – 51800 range.
Trade closed: target reached
Open flat with low near 52650 and made high near 53180 level profit booking dragged to close near 52760 level.
Disclaimer: Above discussion is not a Buy or Sell recommendation. This is only for educational purpose.
Request for follow on X @rkmaurya_ra
Request for follow on X @rkmaurya_ra
Disclaimer: Above discussion is not a Buy or Sell recommendation. This is only for educational purpose.
Request for follow on X @rkmaurya_ra
Request for follow on X @rkmaurya_ra
Disclaimer
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