FII bought 3.5 K contract of Index Future worth 493 cores, Net OI has increased by 7.8 K contract, 5.6 K Long contract were added by FII and 2.1 K Shorts were added by FII. Net FII Long Short ratio at 1.46, So FII used fall to enter longs and enter shorts.
As discussed in last analysisBulls need to move above 11145 for a move back to 11225/11300. Bears will get active below 11064 for a move back to 11015/10962. 11225 done and we formed a perfect Doj on Astro date suggesting break of high and low of 07 Aug will give 150 points move in Nifty.NIfty Bulls need to move above 11200 for a move towards 11260/11320. Bears will get active below 11142 for a move back to 11100/11050.