MTECHTIPS:- Bank Nifty Future:
MTECHTIPS:- Bank Nifty Future:- BANKNIFTY(26879.85) is currently in SIDEWAYS trend . Yesterday the trend was BULL WITH LV In Dec series BANKNIFTY future added 0.12 lakh position in Open Interest and this accounts to -0.81 % of Total Open Interest in Dec series.The BANKNIFTY Dec series is trading at 53.85 Rs premium to Underlying . In derivative cumulatively for all series contract BANKNIFTY future net added 0.05 lakh position in open interest and this accounts to 0.35 % of Total Open Interest in all series and cumulatively trading in average premium of 138.1 Rs to Underlying. The open interest is also not increasing with trend so be careful
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