NIFTY
Highest Call writing of 80.29 Lakh at 23000 Strike followed by 50.95 Lakh at 22500 Strike and 45.40 Lakh at 22800 strike. Maximum Put writing of 60.02 Lakh at 22500 Strike followed by 58.74 Lakh at 22400 strike and 48.74 Lakh at 22200 Strike. Index closed near 22530 level.
Index has resistance near 22550 - 22600 level and if index crosses and sustain above 22600 then index may reach near 22800 level and if crossed above 22850 level then reach near 23000 level.
Index has strong support near 22400 – 22350 range and if this support of 22350 support is broken then index may reach near 22225 level.
NIFTY
Trade closed: target reached:
Open flat then made low near 22480 level then bounced and close above 22600 level.