NIFTY
Highest Call writing of 104.17 Lakh at 23000 Strike followed by 59.91 Lakh at 22800 Strike and 54.78 Lakh at 22900 strike. Maximum Put writing of 80.25 Lakh at 22500 Strike followed by 68.58 Lakh at 22400 strike and 58.63 Lakh at 22200 Strike. Index closed near 22600 level.
Index has resistance near 22600 - 22625 level and if index crosses and sustain above 22625 then index may reach near 22750 level and less likely to cross above 22800 level on expiry day.
Index has strong support near 22500 – 22450 range and if this support of 22550 support is broken then index may reach near 22350 level.
Trade closed: target reached:
Open flat and broke 22625 and 22800 resistance level and made All Time High near 23000 level.