NIFTY
Highest Call writing of 55.44 Lakh at 22500 Strike followed by 42.06 Lakh at 22300 Strike and 34.31 Lakh at 22200 strike. Maximum Put writing of 46.65 Lakh at 22000 Strike followed by 23.52 Lakh at 21900 strike and 23.08 Lakh at 21800 Strike. Index closed near 22055 level.
Index has strong support near 21975 - 21925 level and if this support is broken then index may reach near 21800 level.
Index has resistance near 22150 - 22225 level and if index crosses and sustain above 22225 then index may reach near 22300 level.
Highest Call writing of 55.44 Lakh at 22500 Strike followed by 42.06 Lakh at 22300 Strike and 34.31 Lakh at 22200 strike. Maximum Put writing of 46.65 Lakh at 22000 Strike followed by 23.52 Lakh at 21900 strike and 23.08 Lakh at 21800 Strike. Index closed near 22055 level.
Index has strong support near 21975 - 21925 level and if this support is broken then index may reach near 21800 level.
Index has resistance near 22150 - 22225 level and if index crosses and sustain above 22225 then index may reach near 22300 level.
Trade closed: target reached:
Tanked to low near 21825 level then bounced and made high near 22120 level.