NIFTY
Highest Call writing of 63.45 Lakh at 22500 Strike followed by 60.06 Lakh at 22600 Strike and 50.98 Lakh at 22300 strike. Maximum Put writing of 62.24 Lakh at 22000 Strike followed by 50.03 Lakh at 21500 strike and 48.31 Lakh at 22100 Strike. Index closed near 22220 level.
Index has resistance near 22300 level and if index crosses and sustain above 22300 then index may reach near 22450 level.
Index has strong support near 22050 level and if this support of 22000 support is broken then index may reach near 21950 level.
Trade closed: target reached:
Gap up opening and faced resistance near 22300 level then made low near 22150 level and managed to close above 22200 support level.