MTECHTIPS:- Bank Nifty Future

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MTECHTIPS:- Bank Nifty Future:- BANKNIFTY(24431.25) is currently in SLIGHTLY BULL trend . Yesterday the trend was STRONG BULL LOW VOLATALITY In Apr series BANKNIFTY future added 1.19 lakh position in Open Interest and this accounts to 7.44 % of Total Open Interest in Apr series.The BANKNIFTY Apr series is trading at 102.75 Rs premium to Underlying . In derivative cumulatively for all series contract BANKNIFTY future net added 1.17 lakh position in open interest and this accounts to 6.72 % of Total Open Interest in all series and cumulatively trading in average premium of 132.92 Rs to Underlying. The open interest is also not increasing with trend so be careful