NSE:NIFTY   Nifty 50 Index
Trendless Nifty . One day up, other day down. Directionless Nifty . However, bulls are holding 10600 by writing heavily the same Put strike (highest OI). So price today made a low of 10604 and then moved up. So we have to watch this level for some more days. Bears dominated today on the screen. Bears are again sitting at 11000 Calls. So 11000 is the resistance. Below 5 and 9 DMAs weakness prevails. So far 100 DMA is protected.


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