MTECHTIPS:- Bank Nifty Future

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MTECHTIPS:- Bank Nifty Future:- BANKNIFTY(27776.85) is currently in BEAR trend . Yesterday the trend was STRONG BULL LOW VOLATALITY In Aug series BANKNIFTY future added 3.14 lakh position in Open Interest and this accounts to 12.97 % of Total Open Interest in Aug series.The BANKNIFTY Aug series is trading at 81.35 Rs premium to Underlying . In derivative cumulatively for all series contract BANKNIFTY future net added 3.27 lakh position in open interest and this accounts to 13.09 % of Total Open Interest in all series and cumulatively trading in average premium of 124.38 Rs to Underlying.