As mentioned in previous post, 2870 support was dented by heavy open interest build up of 2800 put ( o.i. above 60 lk has yet not sustained in nf options ) which leads to unfilled gaps ..now as pivot been broken there is acceptance of lower price range, as shown in above nifty in profile, value area shifted swiftly towards down and price remain attracted towards bottom of range, now action likely to swift towards the gaps where price has not been checked by market participants.
