MTECHTIPS:- Bank Nifty Future

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MTECHTIPS:- Bank Nifty Future:- BANKNIFTY(27031.05) is currently in BEAR trend . Yesterday the trend was BEAR WITH LV In Jul series BANKNIFTY future added 3.24 lakh position in Open Interest and this accounts to -20.92 % of Total Open Interest in Jul series.The BANKNIFTY Jul series is trading at 56.65 Rs premium to Underlying . In derivative cumulatively for all series contract BANKNIFTY future net added 0.68 lakh position in open interest and this accounts to 3 % of Total Open Interest in all series and cumulatively trading in average premium of 78.05 Rs to Underlying.

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