Maximum Call writing is at 22000 strike with 7.67 Lakh followed by 5.83 Lakh Call at 21700 Strike and 4.96 Lakh at 21600 strike. Maximum Put writing is at 4.29 Lakh at 20700 strike followed by 4.25 Lakh Put writing at 21100 strike and 3.83 Lakh at 21400 strike.
Index may face resistance near 21700 level and go upto 21800 level if sustain above 21625 level.
Index has support near 21300 level and less likely to fall below 21200 unless new geopolitical tension arises.
Trade closed: target reached
Gap down opening and found support near 21300 then bounced and faced resistance near 21625 level as analysed.
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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.