FII FnO Data Analysis for 06 march Trade for Nifty Futures

Below is my Interpretation of FII OI data Sheet for 05-Mar-12.

Tomorrow we will have the UP election results which will be watched quiet closely by Nifty for further triggers. Lets discuss few probable outcomes and thier impact on markets.

We have 4 Major Parties :SP,Congress,BJP and BSP . I have assumed the best,worst and normal scenarios
1.S.P with clear majority Nifty should rally, with mild positive bias and Global triggers will take its effect Positive for Sugar and ADAG companies.
2.BSP with clear majority Nifty should rally with mild positive bias and Global triggers will take its effect  Positive for JP group of companies
3.Congress is King maker with increase in Seats Nifty will take in extremely positive and pre budget rally will follow till 5500
4. BJP is King Maker or with clear majority extreme negative for Nifty. We can see a down move till 5200,5000.

1. FII bought ....

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