MTECHTIPS:- NIFTY FUTURE

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MTECHTIPS:- NIFTY FUTURE-CMP(11488.45) is currently in SIDEWAYS trend . Yesterday the trend was BULL WITH LV In Aug series Nifty future added 8.22 lakh position in Open Interest and this accounts to 2.78 % of Total Open Interest in Aug series.The Nifty Aug series is trading at 17.7 Rs premium to Underlying . In derivative cumulatively for all series contract Nifty future net added 11.48 lakh position in open interest and this accounts to 3.6 % of Total Open Interest in all series and cumulatively trading in average premium of 50.17 Rs to Underlying. The open interest is also increasing with trend

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