MTECHTIPS:- Bank Nifty Future

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MTECHTIPS:- Bank Nifty Future:- BANKNIFTY(25330.6) is currently in SIDEWAYS trend . Yesterday the trend was STRONG BULL LOW VOLATALITY In Apr series BANKNIFTY future added 0.67 lakh position in Open Interest and this accounts to 3.7 % of Total Open Interest in Apr series.The BANKNIFTY Apr series is trading at 9.75 Rs premium to Underlying . In derivative cumulatively for all series contract BANKNIFTY future net added 0.79 lakh position in open interest and this accounts to 4.11 % of Total Open Interest in all series and cumulatively trading in average premium of 44.27 Rs to Underlying.