MTECHTIPS:- NIFTY FUTURE

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MTECHTIPS:- NIFTY FUTURE-CMP(10569.05) is currently in SIDEWAYS trend . Yesterday the trend was BEAR WITH LV In Apr series Nifty future shed 45.12 lakh position in Open Interest and this accounts to -27.07 % of Total Open Interest in Apr series.The Nifty Apr series is trading at 1.5 Rs discount to Underlying . In derivative cumulatively for all series contract Nifty future net added 8.64 lakh position in open interest and this accounts to 2.86 % of Total Open Interest in all series and cumulatively trading in average premium of 18.1 Rs to Underlying. The open interest is also increasing with trend

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