FII sold 14.2 K contract of Index Future worth 1555 cores, Net OI has increased by 9.1 K contract 2.5 K Long contract were covered by FII and 11.6 K Shorts were added by FII. Net FII Long Short ratio at 1.7 so FII used rise to exit longs and enter shorts.
As discussed in Last AnalysisTommrow is another important astro date suggesting big move will be seen in next 2 trading sessions. Bulls now need to move above 14823 for a move back to 14884/14945/15007. Bears will get active below 14720 for a move back to 14666/14610/14555. Waiting for 14945/15007 today. As we will see outcome of RBI poilcy today Bulls need to move above 14968 for a move back to 15047/15120/15166. Bears have there chances below 14865 for a move towards 14814,14777 and 14729.Gann cycle which started from 7511 completing one important cycle at 15047.