NSE:NIFTY   Nifty 50 Index
Nifty rose close to the previous high and returned. Bulls may take some time to gather steam. It is important to note that only a handful of Nifty high weightage stocks such as TCS, RIL, Infy etc. are supporting Nifty. Nifty Midcap stocks are making new lows. Many good Nifty 50 stocks are also correcting. So it is better to stay away from the market or stay very careful taking long positions. OI Table: Bears have shifted their position to 11200 Calls but looking weak. Bulls are enjoying the highest OI position of Puts 11000.
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