FII sold 9.4 K contract of Index Future worth 771 cores, Net OI has decreased by 5.1 K contract, 7.2 K Long contract were covered by FII and 2.1 K Shorts were added by FII. Net FII Long Short ratio at 1.32, So FII used rise to exit longs and enter shorts.
As discussed in last analysisWe are near a perfect set up for explosive move as we have astro date today with Inside Bar formation.Bulls need to move above 11560 for a move back to 11610/11666/11721 . Bears will get active below 11470 for a move back to 11424/11370/11333.Bulls got whipsawed and Bears did not trigger 11470 on downside, As shown in below Gann Angle chart,Price has resisted at 11585 which was 1×1 gann angle resistance and support comes at 11325 If we open with huge gap down tommorow we might again retest 11325,Based on Opening we will give the level on Twitter . We have closed below the TC level so short term trend is bearish only.