FII sold 23.7 K contract of Index Future worth 1628 cores, Net OI has decreased by 3.8 K contract, 13.7 K Long contract were liquidated by FII and 9.9 K shorts were added by FII. Net FII Long Short ratio at 0.99, So FII used fall to exit longs and enter shorts.
As discussed in last analysis Bulls need to move above 9300 for a move towards 9344/9400. Bears need to break 9210 for move to continue towards 9150/9100/9046.Nifty has formed Inside Bar/NR7 and also astro date effect should be seen in next 2 days, so we should be ready for a big move. Bulls need to move above 9225 for a move towards 9277/9346. Bears need to break 9150 for move to continue towards 91005/9058.