Maximum Call writing near CMP is at 23500 strike with 6.01 Lakh followed by 5.83 Lakh at 23000 Strike and 5.83 Lakh at 23200 strike and Put writing of 7.83 Lakh at 22500 Strike followed by 6.60 Lakh at 22700 Strike and 6.43 Lakh at 23000 strike. Index is closed near 23035 level.
Index has resistance near 23200 – 23300 range and if index crosses and sustain above 23350 level then may reach near 23500 level.
Index has immediate support near 22800 level and if this support is broken then index may tank near 22600 level.
Trade closed: target reached
Open flat and tanked near support level of 22800 level and sustain above it and close near 22945 level.
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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.