Nifty

Nifty may be heading towards 200 DMA and the Trading Gap once more. Today Bulls have gathered some more confidence at the tail part of the session. But unless and until 200 DMA and Trading Gap are surpassed and held, trend wont change. Till then we may consider this period as consolidation phase.
Today India VIX has reduced by more than 2.5 points than yesterday.
OI Table: 10500 Put OI has turned as the highest. Bears have done lot of unwinding of there resistance at 11000 Call strike.
Expiry is here and now.