MTECHTIPS:- NIFTY FUTURE

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MTECHTIPS:- NIFTY FUTURE-CMP(10585.45) is currently in BULL trend . Yesterday the trend was CONFUSION TREND In Apr series Nifty future shed 17.22 lakh position in Open Interest and this accounts to -6.98 % of Total Open Interest in Apr series.The Nifty Apr series is trading at 0.75 Rs premium to Underlying . In derivative cumulatively for all series contract Nifty future net added 4.75 lakh position in open interest and this accounts to 1.58 % of Total Open Interest in all series and cumulatively trading in average premium of 23.25 Rs to Underlying. The open interest is also increasing with trend and premium of share is also increasing indicating bull move

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