MTECHTIPS:- Bank Nifty Future

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MTECHTIPS:- Bank Nifty Future:- BANKNIFTY(27811.65) is currently in BULL trend . Yesterday the trend was CONFUSION TREND In Aug series BANKNIFTY future added 2.87 lakh position in Open Interest and this accounts to -11.8 % of Total Open Interest in Aug series.The BANKNIFTY Aug series is trading at 47.5 Rs premium to Underlying . In derivative cumulatively for all series contract BANKNIFTY future net shed 2.81 lakh position in open interest and this accounts to -11.29 % of Total Open Interest in all series and cumulatively trading in average premium of 81.52 Rs to Underlying.

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