MTECHTIPS:- Bank Nifty Future

Spread the love

MTECHTIPS:- Bank Nifty Future:- BANKNIFTY(24313.25) is currently in SIDEWAYS trend . Yesterday the trend was STRONG BEAR LOW VOLATALITY In Mar series BANKNIFTY future added 0.1 lakh position in Open Interest and this accounts to -0.56 % of Total Open Interest in Mar series.The BANKNIFTY Mar series is trading at 16.8 Rs premium to Underlying . In derivative cumulatively for all series contract BANKNIFTY future net added 0.53 lakh position in open interest and this accounts to 2.61 % of Total Open Interest in all series and cumulatively trading in average premium of 71.67 Rs to Underlying. The open interest is also not increasing with trend so be careful

WWW.MTECHTIPS.COM

07489294118