MTECHTIPS:- Bank Nifty Future

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MTECHTIPS:- Bank Nifty Future:- BANKNIFTY(27672.2) is currently in SLIGHTLY BULL trend . Yesterday the trend was BEAR WITH LV In Aug series BANKNIFTY future added 2.75 lakh position in Open Interest and this accounts to -12.76 % of Total Open Interest in Aug series.The BANKNIFTY Aug series is trading at 75.6 Rs premium to Underlying . In derivative cumulatively for all series contract BANKNIFTY future net shed 2.71 lakh position in open interest and this accounts to -12.24 % of Total Open Interest in all series and cumulatively trading in average premium of 95.1 Rs to Underlying.

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