MTECHTIPS:- NIFTY FUTURE

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MTECHTIPS:- NIFTY FUTURE-CMP(11142.0) is currently in SIDEWAYS trend . Yesterday the trend was STRONG BULL LOW VOLATALITY In Jul series Nifty future shed 38.08 lakh position in Open Interest and this accounts to -20.39 % of Total Open Interest in Jul series.The Nifty Jul series is trading at 7.7 Rs premium to Underlying . In derivative cumulatively for all series contract Nifty future net added 7.09 lakh position in open interest and this accounts to 2.42 % of Total Open Interest in all series and cumulatively trading in average premium of 27.9 Rs to Underlying. The open interest is also increasing with trend and premium of share is also increasing indicating bull move

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