NIFTY
Highest Call writing near CMP is at 23000 Strike of 67.19 Lakh followed by 36.71 Lakh at 23100 Strike and 36.10 Lakh at 23200 strike. Maximum Put writing of 68.57 Lakh at 23000 Strike followed by 48.87 Lakh at 22800 strike and 47.77 Lakh at 22700 Strike. Index closed near 22955 level.
Index has resistance near 23000 - 23050 level and if index crosses and sustain above 23050 then index may reach near 23150 - 23200 level and if index crossed 23250 level then may reach near 23500 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:
Open flat and made high near 21110 level but profit booking dragged and index closed near 22930 level.