FII sold 23.8 K contract of Index Future worth 1696 cores, Net OI has increased by 5.3 K contract, 9.2 K Long contract were liqudiated by FII and 14.5 Shorts were added by FII. Net FII Long Short ratio at 1.18, So FII used rise to exit longs and enter shorts.
As discussed in last analysisBulls need to move hold 11400-11385 range for the upmove to continue towards 11440/11495/11529.Bears will get active below 11350 for a move back to 11289/11220.We got a gap down open and price came near our sell level @11350 and did our target of 11289, formed another DOJI candel,Now Bears need to break 11280 for a move back to 11225/11185. Bulls will get active above 11377 for a move back to 11444/11500. Important Astro date tommrow.