NSE:NIFTY   Nifty 50 Index
Monday's loss was almost all retraced on Tuesday. It indicates to grip of bull. Now if price goes to hit the earlier high at 11161, it may form a Negative Divergence which may slow down the up move. OI table is favorable to upmove as the bulls have built huge position at 10800 Puts.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.