MTECHTIPS:- Bank Nifty Future

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MTECHTIPS:- Bank Nifty Future:- BANKNIFTY(24779.95) is currently in SLIGHTLY BEAR trend . Yesterday the trend was BEAR WITH LV In Apr series BANKNIFTY future added 3.38 lakh position in Open Interest and this accounts to -27.46 % of Total Open Interest in Apr series.The BANKNIFTY Apr series is trading at 34.45 Rs discount to Underlying . In derivative cumulatively for all series contract BANKNIFTY future net added 1.67 lakh position in open interest and this accounts to 6.87 % of Total Open Interest in all series and cumulatively trading in average premium of 4.87 Rs to Underlying

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