FII sold 3.6 K contract of Index Future worth 294 cores, Net OI has increased by 7.2 K contract 1.7 K Long contract were added by FII and 5.4 K Shorts were added by FII. Net FII Long Short ratio at 2.5 so FII used fall to enter longs and enter shorts so longs entered and shorts entered in the system.
As Discussed in Last Analysis As MERCURY LATITUDE HELIOCENTRIC at 7 degree suggesting big move should be seen once 15773 broken on upside or 15696 broken on downside.Bulls need to move above 15773 for a rally towards 15804/15888/15943. Bears will get active below 15696 for a move towards 15636/15555.Again a Rangebound sideways day and no major move seen in market in todays expiry as we are near important gann and astro time cycle( MERCURY LATITUDE HELIOCENTRIC ) we can see reversal in price above 15174. Any break below 15666 bears will get mometum in there side. Bulls need to move above 15714 for a rally towards 15789/15843/15899/15943. Bears will get active below 15666 for a move towards 15610/15555/15485.