FII bought 6.9 K contract of Index Future worth 719 cores, Net OI has increased by 654 contract, 3.8 K Long contract were added by FII and 3.1 K short were covered by FII. Net FII Long Short ratio at 0.95, So FII used rise to enter longs and exit shorts.
As discussed in last analysisBears will get active below 11881 for a move back to 11830/11775. Bulls will get active above 11941 for a move back to 11995/12050. 11995 done, We have very important Time cycle date tomorrow as CHIRON is going ingress happens 3 times in a year lead to good move in Index, Nifty Bulls need close above 12000 for a move towards 12050/12100. Bears will become active below 11941 for a move back to 11886/11832.