FII bought 16 K contract of Index Future worth 1398 cores, Net OI has increased by 27.5 K contract, 21.8 K Long contract were added by FII and 5.7 K Shorts were added by FII. Net FII Long Short ratio at 2.1 So FII used rise to enter longs and enter shorts.
As Discussed in Last Analysis 11794 was the last swing top and moving above 11804 range can lead to fast short covering towards 11856/11908/11960. Bears below 11700 can lead to fall towards 11648/11596. 11905 done and we have formed a Perfect DOJI before a major Event,Also completed a major price level based on vedic concept as discussed here RBI Policy will be uneviled tommrow at 10 AM, Bulls need to move above 11850 for a move back to 11910/11960. Bears will get active below 11780 for a move back to 11729/11666/11610.