NSE:NIFTY   Indice NIFTY 50
Bulls are having a field day. Bears are running for cover. Bears have built a small resistance at 11500 Call strike. Bulls are gradually shifting their focus on 11200 Puts while they have formed a huge position at 11000 Puts-- the highest position. So any pullback towards 11161 -- the breakout point-- will give ammo to bulls again. But bulls are not yet looking tired though the daily range of price move is shrinking.
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