MTECHTIPS:- Bank Nifty Future

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MTECHTIPS:- Bank Nifty Future:- -BANKNIFTY(25006.1) is currently in SIDEWAYS trend . Yesterday the trend was BEAR WITH LV In Apr series BANKNIFTY future added 0.1 lakh position in Open Interest and this accounts to 0.57 % of Total Open Interest in Apr series.The BANKNIFTY Apr series is trading at 62.25 Rs premium to Underlying . In derivative cumulatively for all series contract BANKNIFTY future net added 0.48 lakh position in open interest and this accounts to 2.36 % of Total Open Interest in all series and cumulatively trading in average premium of 107.53 Rs to Underlying.

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