FII sold 4.8K contract of Index Future worth 555 cores, Net OI has increased by 6.6 K contract 879 Long contract were added by FII and 5.7 K Shorts were added by FII. Net FII Long Short ratio at 0.67 so FII used fall to enter longs and enter shorts.
As Discussed in Last Analysis We opened gap down as we saw the impact of Venus Ingress and bears got entry at 14888 and now waiting for the target of 14826/14777/14729. Bulls need to move above 14975 for a move towards 15046/15100.We got the perfect Entry at Venus Ingress low on 11 May and we are down almost 300 points from that level completing all our target and traders who are carrying shorts will be rewarded with bonus points tommrow. As we have Jupiter Ingress today and today being holiday so effect will be seen tommrow Range of 14519-14530 important support zone unable to hold this we can see fall extending towards 14444/14300 levels. Bulls will get active above 14601 for a move back to 14666/14729.