Though major trend is up, yet at present Nifty is in a dilemma. It is because the Q4 result season is over and the Q1 result seas will roll out from first week of the next month. So there is no meaningful trigger. And in that case Nifty is influenced by international events. Yesterday was the day of the bulls. They created strong position at 10700 Put (Highest OI) and bears have reduced their position at 11000 Calls (Second highest). And this game is going on for about 10 days. The range is yet to be cleared. Yesterday Nifty rose till 5 DMA. If today price can go above 5 DMA and manage to hold above it, momentum may come back.