MTECHTIPS:- Bank Nifty Future

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MTECHTIPS:- Bank Nifty Future:- BANKNIFTY(25334.5) is currently in SLIGHTLY BULL trend . Yesterday the trend was CONFUSION TREND In Apr series BANKNIFTY future added 0.92 lakh position in Open Interest and this accounts to 4.84 % of Total Open Interest in Apr series.The BANKNIFTY Apr series is trading at 0.05 Rs premium to Underlying . In derivative cumulatively for all series contract BANKNIFTY future net added 1.01 lakh position in open interest and this accounts to 4.97 % of Total Open Interest in all series and cumulatively trading in average premium of 37.72 Rs to Underlying. The open interest is also not increasing with trend so be careful