 "The level of 11,700 might act as an immediate support")
Market traded with volatility ahead of weekly expiry, Nifty needs to hold 11,800 for further up-move
Market traded with volatile movement ahead of the US presidential election outcome, following path of global markets. Nifty is likely to face resistance at 12,000 ahead of weekly expiry. The index closed at 11,908.50, adding 95 points. Pharma, technology and auto stocks traded with positive sentiments whereas realty and metal sector closed with red mark. Nifty bank index closed at 25,771.60, adding 88.80 points from the previous day's closing.
As per weekly option data, put writing on lower strikes ranging from 11,700 to 11,900
