MTECHTIPS:- Bank Nifty Future

Spread the love

MTECHTIPS:- Bank Nifty Future:- BANKNIFTY(25184.3) is currently in SLIGHTLY BULL trend . Yesterday the trend was STRONG BULL LOW VOLATALITY In Apr series BANKNIFTY future added 0.84 lakh position in Open Interest and this accounts to 4.58 % of Total Open Interest in Apr series.The BANKNIFTY Apr series is trading at 10.8 Rs discount to Underlying . In derivative cumulatively for all series contract BANKNIFTY future net added 0.88 lakh position in open interest and this accounts to 4.6 % of Total Open Interest in all series and cumulatively trading in average premium of 18.27 Rs to Underlying. The open interest is also not increasing with trend so be careful