NIFTY
Highest Call writing near CMP is at 23000 Strike of 38.92 Lakh followed by 17.38 Lakh at 22500 Strike and 13.56 Lakh at 22600 strike. Maximum Put writing of 20.48 Lakh at 22500 Strike followed by 15.36 Lakh at 23000 strike 11.78 Lakh at 22450 Strike. Index closed near 22490 level.
Index has strong resistance near 22600 - 22625 level and if index if crosses and sustain above 22750 - 22800 range.
Index has support near 22300 - 22225 range and if this support of 22200 support is broken then index may reach near 22050 level.
Trade closed: target reached:
Gap up opening but could not cross 22650 level ad made low near 22470 level and close near 22450 level.