Maximum Call writing is at 22000 strike with 28.89 Lakh followed by 23.55 Lakh Call at 21800 Strike and 20.23 Lakh at 22100 strike. Maximum Put writing is at 23.75 Lakh at 21400 strike followed by 19.06 Lakh Put writing at 21500 strike and 17.76 Lakh at 21600 strike. Index closed near 21810 level.
Index is brocke 21630 resistance likely to go near 22000 - 21100 level if crosses 21900 level.
Index is less likely expected to go below 21600 - 21500 level unless new geopolitical crisis arises.
Trade closed: target reached
Made high near 22075 level and faced resistance as analysed earlier.
Disclaimer: Above discussion is not a Buy or Sell recommendation. This is only for educational purpose.
Request for follow on X @rkmaurya_ra
Also on:
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.