Nifty Intraday moment analysis for 28th March 2024
NIFTY
Max Put writing of 146.83 Lakh at 22000 strike followed by 138.31 Lakh Put writing at 22100 Strike and Call writing of 73.70 Lakh at 22100 strike followed by 90.08 Lakh Put writing at 22200 Strike.
It is expected Nifty F&O expiry between 22000 - 22200 level.
Contra trade can be initiated if Nifty come near 22000 or 22200 level either through Option or through Future.
Trade closed: target reached
Crossed 22200 level ad made high near 22500. Profit booking and Contra trade dragged Nifty near 22300 level.
Disclaimer: Above discussion is not a Buy or Sell recommendation. This is only for educational purpose.
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