OI on 50 put is 15 lakh out of 10 lakh is today added and on upper hand Major 1st resistance is 55 where just 10 lakh oi for call writter , and major resistance is 60.
Today was short build up but that was too small and which have not significant,
Unless overall market go badly down there will be no significant short on fed,
To be precise, buy on dips shall be preferred, above 50 is good winning ratio