MTECHTIPS:- Bank Nifty Future

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MTECHTIPS:- Bank Nifty Future:- BANKNIFTY(25013.85) is currently in BEAR trend . Yesterday the trend was BULL WITH LV In Apr series BANKNIFTY future added 2.7 lakh position in Open Interest and this accounts to -17.22 % of Total Open Interest in Apr series.The BANKNIFTY Apr series is trading at 28.25 Rs discount to Underlying . In derivative cumulatively for all series contract BANKNIFTY future net added 1.4 lakh position in open interest and this accounts to 6.17 % of Total Open Interest in all series and cumulatively trading in average premium of 16.13 Rs to Underlying.