MTECHTIPS:- Bank Nifty Future

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MTECHTIPS:- Bank Nifty Future:- -BANKNIFTY(24808.9) is currently in SIDEWAYS trend . Yesterday the trend was STRONG BULL In Apr series BANKNIFTY future added 2.3 lakh position in Open Interest and this accounts to -14.02 % of Total Open Interest in Apr series.The BANKNIFTY Apr series is trading at 49.1 Rs premium to Underlying . In derivative cumulatively for all series contract BANKNIFTY future net shed 2.18 lakh position in open interest and this accounts to -12.77 % of Total Open Interest in all series and cumulatively trading in average premium of 75.88 Rs to Underlying.

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