Maximum Call writing is at 22000 strike with 11.51 Lakh followed by 6.43 Lakh Call at 21700 Strike and 6.10 Lakh at 21600 strike. Maximum Put writing is at 8.52 Lakh at 20900 strike followed by 7.41 Lakh Put writing at 21000 strike and 7.73 Lakh at 21700 strike.
As the weak US Q1 Data and gap down opening expected and if bounced then index may face resistance near 21650 - 21700 level.
Gap down expected and Index may find support near 21300 - 21250 level unless new geopolitical tension arises.
Trade chiuso: obiettivo raggiunto
Open flat instead of gap down even though made low near 21300 support level.
Disclaimer: Above discussion is not a Buy or Sell recommendation. This is only for educational purpose.
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