FII sold 8.3 K contract of Index Future worth 944 cores, Net OI has increased by 827 contract 4.5 K Long contract were covered by FII and 3.7 K Shorts were added by FII. Net FII Long Short ratio at 1.6 so FII used rise to exit longs and enter shorts so longs were booked and small shorts entered in the system
As Discussed in Last Analysis We are at crucial jucture as we have solar eclipse and also Mars change in sign on 11 June suggesting one big move can be seen as multiple astro dates are coming. Now Bulls need to move above 15699 for a move back to 15763/15854/15950. Bears will get active below 15610 for a move towards 15534/15485/15434. Bulls got entry at 15699 and now wating for target of 15763/15854/15950 till we are able to hold 15699. As we have Mars going to Leo Zodiac which generally leads to Bearish move, but price need to confirm the Bias so once Bears below 15670 we can see a quick move towards 15610/15571/15512.