The down probe in Nifty in the morning, seems to have brought in the opposite response with good volume and conviction which indicates that bulls are not going to give up easily. There is still buying interest available at the current levels.
The up move with good volume happened with increase in OI suggesting the creation of fresh long positions and not some short covering. This should be a concern for the naked nifty put holders.
The advance decline is balanced and JSWENERGY and RECLTD have shown real good breakouts with 10% plus moves.