OI Table: Bears have raised their position significantly at 11500 Calls strike. Bulls have reduced their position at 11000 Puts strike. So short term moves can be with negative bias.
For altering the long term trend of the market Nifty must confirm on various counts on such as 200 DMA etc. and there must be substantial causes of deep concern on domestic and international political fronts.
However, after good gain, some healthy correction is just acceptable.