Nifty Continue to fall below 9855,EOD Analysis

• FII's bought 5.5 K contract of Index Future worth 485 cores ,4.5 K Long contract were added by FII's and 925  Short contracts were liquidated by FII's. Net Open Interest increased  by 3.6 K contract, so fall in market was used by FII's to enter long and exit short in  Index futures. FII's Long to Short Ratio at 1.12,For the August Series FII have net added shorts 130 K Contract till we do not close above 9910 all rallies will get sold into.  Day-Traders Lose Big, Still Live in Denial

• As discussed in last analysis     Thursday we closed at 9906 below 9910 and 17 Aug being a time cycle date, effect was seen trigger being Infosys, market just find a way to go with trend of time cycle, till 9950 not broken no longs in nifty. Low made was 9783 near our target of 9770 and close below 9855. Till we are below 9855 we can move down till 9770/9730/9685/9620. Nifty opened at 9864 but as soon as 9855 broken bears were having upperhand and did our target

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