Maximum Call writing near CMP is at 24000 strike with 43.08 Lakh followed by 25.74 Lakh at 24500 Strike and 23.11 Lakh at 24200 strike and Put writing of 54.42 Lakh at 24000 Strike followed by 32.36 Lakh at 23500 Strike and 28.84 Lakh at 23800 strike. Index is closed near 24045 level.
Index has resistance near 24200 level and if index crosses and sustain above 24250 level then may reach near 24500 level.
Index has immediate support near 23900 – 23800 range and if this support is broken then index may tank near 23650 level.
Trade closed: target reached
Open flat and could not cross 24200 resistance level and tanked and closed near 24000 support level.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.