MTECHTIPS:- Bank Nifty Future

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MTECHTIPS:- Bank Nifty Future:- BANKNIFTY(25091.65) is currently in SIDEWAYS trend . Yesterday the trend was STRONG BULL LOW VOLATALITY In Apr series BANKNIFTY future added 0.28 lakh position in Open Interest and this accounts to -1.77 % of Total Open Interest in Apr series.The BANKNIFTY Apr series is trading at 2.15 Rs discount to Underlying . In derivative cumulatively for all series contract BANKNIFTY future net shed 0.22 lakh position in open interest and this accounts to -1.3 % of Total Open Interest in all series and cumulatively trading in average premium of 30.02 Rs to Underlying.

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