MTECHTIPS:- NIFTY FUTURE

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MTECHTIPS:- NIFTY FUTURE-CMP(10490.4) is currently in BULL trend . Yesterday the trend was BEAR WITH LV In Apr series Nifty future added 7.02 lakh position in Open Interest and this accounts to 2.76 % of Total Open Interest in Apr series.The Nifty Apr series is trading at 9.8 Rs premium to Underlying . In derivative cumulatively for all series contract Nifty future net added 7.63 lakh position in open interest and this accounts to 2.8 % of Total Open Interest in all series and cumulatively trading in average premium of 33.65 Rs to Underlying. The open interest is also increasing with trend

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