FII bought 16.1 K contract of Index Future worth 1330 cores, Net OI has increased by 13.9 K contract, 15 K Long contract were added by FII and 1 K Shorts were covered by FII. Net FII Long Short ratio at 1.9, So FII used rise to enter longs and exit shorts.
As discussed in last analysisNow Bears need to break 10675 for a move back to 10610/10570/10500. Bulls will get active above 10745 for a move back to 10810/10866.Low made was 10733 so bulls once above 10745 and did 1 on upside. Now we have very important cycle coming on 12 Jul so we should see big move in nifty in coming 2 trading sessions. Bulls need to move above 10845 for a move back to 10900/10960. Bears will get active below 10777 for a move back to 10730/10666.