Gap up opening. Nifty above 100 DMA. Now holding onto 100 DMA, Nifty may reach rising channel top which coincides with Golden Ratio and also the upper level of Megaphone pattern. If bulls can manage to scale this level, they will feel confident to take Nifty towards 11200 --the level of 28.1.18 (11171 exactly) which may play as strong resistance. Bulls are a bit cautious since resistance of 11000 Call strike is being faced. Bulls have built strong additional positions at 10500 and 10800 Put strikes and firmly holding onto 10000 Put with the highest OI.
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