FII F&O Analysis for 14 March trade

1. FIIs sold 7579 Contracts of Index Future (NSE Nifty Futures and Bank Nifty Futures combined),worth 223 cores with net Open Interest decreasing by 13351 contracts. Mastering Fear in trading
2. As CNX Nifty Future was down by 69  points, with Open Interest in Index Futures decreasing by 13351 so FII have covered  shorts  in today's session at lower levels.
3. NS closed at 5851 after  making high of 5894 and low of 5842, Nifty opened gap down and was unable to fill the gap, and continued with its downfall throughout the session . Nifty has reacted sharply from Weekly Trend Deciding Level of 5971 yesterday and also closed below 50 SMA@5943 for 5 time in a row from Feb 8. So a combination of both Weekly trend deciding level and ..

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