FII FnO Data Analysis for 29 Feb Trade for Nifty Futures

Below is my Interpretation of FII OI data Sheet for 28-Feb-12.

Yesterday we had a fall of 148 points today a rise of 102 points. We already had discussed possibility of rally today and it got materialized. Hope Traders were able to catch the right directions and make money. Lets move whats in store for tomorrow.
Tomorrow we have the All important GDP numbers,which will be interesting to look for as analyst are factoring slowest GDP growth in past 2 years. Any surprise will lead to continuation of Bounce which started today.

1. FII bought 35024  Contracts of NF worth 940  cores OI also increasing  by 22570 contracts.

2. As Nifty Futures was up by 102  points and OI has increased by 22570  contracts means longs were added into the system.Yesterday we analyses they have moved out of shorts.
3. Nifty has for second day closed below...

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