Nowadays there are no one sided put or call option writers. The new margin requirements have put ample liquidity in the hands of option writers to dictate the trend. This liquidity is boosting the markets up not capital investments to that degree. On another note, both 10600 put writers and 11k option writers are in a precarious spot right now. A close below 10558 will put the pressure on option writers and a short squeeze can take the index lower. A weekly close above 10830 will do the same to 11k call writers. Money flow indicator is suggesting there is some still more upmove left in Nifty, also nifty is yet to test 10880 which is 200-DMA. If nifty closes above 10880 nifty can go further till 11100-200 but if it is rejected from 10880 it will head back to 10440 to test buyer strength. Keep watching these levels as all supports and resistances can be traded accordingly, meaning go long on supports and short on resistance with tight SL. #NIFTYBANK #NIFTY50