Nifty forecast for 12 March

1. FIIs sold 2239 Contracts of Index Future (NSE Nifty Futures and Bank Nifty Futures combined),worth 68 cores with net Open Interest increasing by 10567 contracts. Successful Traders Secret Mantra
2. As CNX Nifty Future was down by 10  points, with Open Interest in Index Futures increasing by 10567 so FII have booked profit in longs in today's session.
3. NS closed at 5942 after  making high of 5871 and low of 5932. Nifty has reacted sharply from Weekly Trend Deciding Level of 5971 and also closed below 50 SMA@5944. Traders if see Nifty chart closely from ..

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