NIFTY
Highest Call writing of 47.38 Lakh at 23500 Strike followed by 45.12 Lakh at 23000 Strike and 28.92 Lakh at 22800 strike. Maximum Put writing of 49.28 Lakh at 22500 Strike followed by 46.28 Lakh at 22700 strike and 42.59 Lakh at 22800 Strike. Index closed near 22965 level.
Index has resistance near 23000 - 23050 level and if index crosses and sustain above 23050 then index may reach near 23150 - 23200 level.
Index has strong support near 22800 – 22700 range and if this support of 22700 support is broken then index may reach near 22600 level.
Trade closed: target reached:
Index faced resistance near 23000 - 23050 level and traded in narrow range and profit booking dragged and closed near 22955 level.