NIFTY
Highest Call writing of 103.67 Lakh at 22500 Strike followed by 76.09 Lakh at 22300 Strike and 65.90 Lakh at 22400 strike. Maximum Put writing of 71.02 Lakh at 22000 Strike followed by 57.26 Lakh at 22200 strike and 46.26 Lakh at 22100 Strike. Index closed near 22200 level.
Index has resistance near 22300 level and if index crosses and sustain above 22300 then index may reach near 22450 level.
Index has strong support near 22050 level and if this support of 22000 support is broken then index may reach near 21950 level.
Trade closed: target reached:
Gap up opening but could not sustain above 22300 level in the opening then tanked to low near 22070 level then bounced and closed above 22300 resistance level below 22400 level.