Banknifty Intraday Analysis for 22nd January 2025

٢١ يناير

BANKNIFTY

Index closed near 48570 level and Maximum Call and Put Writing near CMP as below in January Month contract:

Call Writing
50000 Strike – 19.66 Lakh
49000 Strike – 13.16 Lakh
49500 Strike – 12.54 Lakh

Put Writing
47000 Strike – 13.49 Lakh
48000 Strike – 13.39 Lakh
49000 Strike – 9.91 Lakh

Index has resistance near 49000 – 49100 range and if index crosses and sustains above this level then may reach near 49600 – 49700 range.

Index has immediate support near 48000 - 47900 range and if this support is broken then index may tank near 47500 - 47400 range.

Volatility expected due uncertainty on the tariff imposition decision by the Trump Administration and any other unaccounted news.

٢٢ يناير

أغلقت الصفقة: تم الوصول للهدف

Open flat then tank to low near 48075 then bounced and recovered loss with high near 48775 and closed near 48725.