FII bought 10.3 K contract of Index Future worth 754 cores, Net OI has increased by 10 K contract, 10.4 K Long contract were added by FII and 160 shorts were added by FII. Net FII Long Short ratio at 0.78, So FII used rise to enter longs and enter shorts.
As discussed in last analysis Now bears need to break 8650 for a move towards 8566/8520/8428/8382. Bulls need a close above 8900 for a move back towards 8989/9032/9084/9132.Nifty did 2 target on upside as low made was 8904, and now bulls need to move above 9166 for a move back to 9300/9410/9497. Bears will get active below 9010 for a move towards 8900/8836/8710.