FII sold 1.9 K caontract of Index Future worth 107 cores, Net OI has increased by 1.4 K contract, 218 Long contract were covered by FII and 1.7 K Shorts were by added FII. Net FII Long Short ratio at 1.85 So FII used fall to exit longs and enter shorts.
As Discussed in Last AnalysisPrice is back to gann angle resistance.Bulls need to move above 11990 for a move back to 12038/12085/12141. Bears will get active below 11925 for a move back to 11870/11822/11755/11695. Mars finally created an Havoc in Nifty as Bank Nifty corrected by almost 300 points in single trading session as discussed in below video. 11660 is important level to watch if the fall has to continue. Bulls need a close above 11790 for a move back to 11843/11920/12000. Bears unable to cross 11729-11740 range in gap up can correct back to 11660/11600/11555