BANKNIFTY
Highest Call writing of 21.50 Lakh at 48000 strike followed by 12.60 Lakh at 48500 strike and 12.60 Lakh at 48500 strike. Highest Put writing of 13.07 Lakh at 48000 strike followed by 13.07 Lakh at 47500 strike and 10.70 Lakh at 47000 strike. Index closed near 47975 level.
Index may reach near 48250 - 48300 level and if crosses and sustain above 48050 level and may reach near 48500 if crosses 48300 level.
Index has support near 47750 - 475000 level and if 47500 support level broken then index may reach near 47250 level.