NIFTY
Highest Call writing of 92.93 Lakh at 22500 Strike followed by 74.94 Lakh at 22700 Strike and 72.23 Lakh at 22600 strike. Maximum Put writing of 68.98 Lakh at 22000 Strike followed by 61.29 Lakh at 21800 strike and 43.88 Lakh at 22300 Strike. Index closed near 22300 level.
Index has strong support near 22225 level and if this support is broken then index may reach near 22070 - 22050 level.
Index has resistance near 22475 - 22500 level and and less likely to go beyond 22550 level.
Trade closed: target reached:
Gap down opening and found support near 22200 - 22190 level then bounced to and made high near 22365 level and close above 22300 support level.