MTECHTIPS:- – -NIFTY FUTURE

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MTECHTIPS:- – -NIFTY FUTURE-CMP(10723.8) is currently in BULL trend . Yesterday the trend was BULL WITH LV In May series Nifty future added 9.37 lakh position in Open Interest and this accounts to 4.01 % of Total Open Interest in May series.The Nifty May series is trading at 31.5 Rs premium to Underlying . In derivative cumulatively for all series contract Nifty future net added 10.67 lakh position in open interest and this accounts to 4.42 % of Total Open Interest in all series and cumulatively trading in average premium of 42.42 Rs to Underlying. The open interest is not increasing with trend so be careful

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