NIFTY for 11th October

As far as Nifty was concerned not much happenned today (compared to yesterday) and it was expected. On lower side, it hit 20 & 200 DEMA and drew support (on daily chart). Due to massive rally yesterday some drop was expected as I wrote yesterday and that we saw in Nifty (though in BNF it went overboard). So range for Nifty movement too remains same.
FIIs were net sellers, as always, by 263 Crs and DIIs were net buyers (as always) by 503 Crs. Low volumes, right? I have been observing for past few weeks that earlier wednesdays and thursdays (due to weekly expiry in indices) used to be large volume & big price movement days. However, for past few weeks big movements come on wednesdays & fridays, and thursday, the expiry day, largely remains uneventful! I don't know if the observation is right! By this observation, who knows, tomorrow some big movement might come!
Option chain data does not show any conclusive supports and resistances. Tomorrow onwards, it may get populated and show some clear indication of direction.
On charts, matter remain same and hence range too. The same buying and selling area which I marked yesterday, holds good for tomorrow as well.
All the best. Happy trading.