Finnifty Intraday Analysis for 20th June 2024

CNXFINANCE

Maximum Call writing near CMP is at 23000 strike with 5.06 Lakh followed by 3.08 Lakh at 23500 Strike and 2.52 Lakh at 23300 strike and Put writing of 6.12 Lakh at 22500 Strike followed by 4.33 Lakh at 23000 Strike and 4.30 Lakh at 22700 strike. Index is closed near 22945 level.

Index has resistance near 23200 – 23300 range and if index crosses and sustain above 23350 level then may reach near 23500 level.

Index has immediate support near 22800 level and if this support is broken then index may tank near 22600 level.

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Open flat and made low near 22800 support level and bounced to close above 23000 level.