MTECHTIPS:- Bank Nifty Future

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MTECHTIPS:- Bank Nifty Future:- BANKNIFTY(28077.5) is currently in SIDEWAYS trend . Yesterday the trend was CONFUSION TREND In Aug series BANKNIFTY future added 0.16 lakh position in Open Interest and this accounts to -0.65 % of Total Open Interest in Aug series.The BANKNIFTY Aug series is trading at 283.1 Rs premium to Underlying . In derivative cumulatively for all series contract BANKNIFTY future net shed 0.12 lakh position in open interest and this accounts to -0.44 % of Total Open Interest in all series and cumulatively trading in average premium of 344.03 Rs to Underlying.

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