MTECHTIPS:- Bank Nifty Future

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MTECHTIPS:- Bank Nifty Future:- BANKNIFTY(24336.9) is currently in BEAR trend . Yesterday the trend was STRONG BEAR In Mar series BANKNIFTY future added 0.89 lakh position in Open Interest and this accounts to 4.35 % of Total Open Interest in Mar series.The BANKNIFTY Mar series is trading at 91.8 Rs premium to Underlying . In derivative cumulatively for all series contract BANKNIFTY future net added 1.12 lakh position in open interest and this accounts to 4.56 % of Total Open Interest in all series and cumulatively trading in average premium of 157.52 Rs to Underlying.