Below 9DMA price took support at 15 DMA. A cut of 73 points. 11500 has been proved as the recent top and this will play a crucial role in coming days to decide the long term direction of Nifty. As per OI Table downside is limited. Bulls are guarding the levels of 11000 (highest Put OI) and 11200 Put OI. If Nifty has to change the trend to bearish, it has to meet certain technical criteria such as sliding below 11000, downward crossing 50 DMA and 100 DMA etc. Till then we can expect consolidation/ correction to continue in the uptrending market.