FII bought 4.4 K contract of Index Future worth 437 cores, Net OI has decreased by 16.7 K contract 6.1 K Long contract were covered by FII and 10.6 K Shorts were covered by FII. Net FII Long Short ratio at 1.96 so FII used fall to exit longs and exit shorts.
As Discussed in Last Analysis Now Bears need to break 14167 for a quick move towards 14108/14049/13974. Bulls need to move above 14323 for a move towards 14377/14444/14525. Bears got whipsawed in gap down and bulls once above 14323 did almsot 2 target on upside. Now as we have weekly closing tommrow bulls would like to see a close above 14527 and bears will like to see a close around 14306 for a big move in next week as another improtant astro with mercury is forming. Till 14377 is held bulls will target towards 14477/14527. Bears below 14323 for a move back to 14288/14230/14385.