FII bought 12.1 K contract of Index Future worth 1444 cores, Net OI has increased by 3.4 K contract, 7.8 K Long contract were added by FII and 4.3 K short were covered by FII. Net FII Long Short ratio at 1.11, So FII used fall to enter longs and exit shorts.
As discussed in last analysis Now we will open gap up tomorrow. Bulls need to move above 12111 for a move back towards 12160/12200. Bears will get active below 11999 for a move back to 11954/11910. Nifty opened with gap up again and above our levels, Trading is about embracing on Uncertainty and never be biased which come with “LOT” of practices. If Traders goes in your favor get the max out of it and if it goes against us get out immediately and wait for next opportunity. We have important Astro date tomorrow which will decide the next trend in market.Bulls need to move above 12225 for a move back towards 12280/12321. Bears will get active below 12168 for a move back towards 12113/12058