Maximum Call writing near CMP is at 12300 strike with 15.02 Lakh followed by 6.46 Lakh at 12400 Strike and 5.04 Lakh at 12350 strike and Put writing of 9.68 Lakh at 12300 Strike followed by 7.50 Lakh at 12200 Strike and 3.93 Lakh at 12100 strike. Index is closed near 12280 level.
Index has resistance near 12350 – 12400 range and if index crosses and sustain above 12400 level then may reach near 12500 level.
Index has immediate support near 12200 - 12150 range and if this support is broken then index may tank near 12000 level.
Order dibatalkan
Open flat and traded in range between 12230 - 12340.
Disclaimer: Above discussion is not a Buy or Sell recommendation. This is only for educational purpose.
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