NIFTY
Maximum Call writing near CMP is at 24500 strike with 55.78 Lakh followed by 42.11 Lakh at 24000 Strike and 39.73 Lakh at 24200 strike and Put writing of 56.48 Lakh at 24000 Strike followed by 48.44 Lakh at 23500 Strike and 34.26 Lakh at 23800 strike. Index is closed near 24010 level.
Index has resistance near 2415 - 24200 range and if index crosses and sustain above 24250 level then may reach near 24500 level.
Index has immediate support near 23900 – 23800 range and if this support is broken then index may tank near 23650 level.
Trade closed: target reached:
Open flat and made high near 24150 resistance level.