MTECHTIPS:- NIFTY FUTURE

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MTECHTIPS:- NIFTY FUTURE-CMP(11374.3) is currently in BULL trend . Yesterday the trend was BEAR WITH LV In Aug series Nifty future added 8.45 lakh position in Open Interest and this accounts to 3.27 % of Total Open Interest in Aug series.The Nifty Aug series is trading at 28.1 Rs premium to Underlying . In derivative cumulatively for all series contract Nifty future net added 9.1 lakh position in open interest and this accounts to 3.37 % of Total Open Interest in all series and cumulatively trading in average premium of 45.4 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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