MTECHTIPS:- Bank Nifty Future

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MTECHTIPS:- Bank Nifty Future:- BANKNIFTY(28331.45) is currently in SIDEWAYS trend . Yesterday the trend was BULL WITH LV In Aug series BANKNIFTY future added 0.12 lakh position in Open Interest and this accounts to 0.47 % of Total Open Interest in Aug series.The BANKNIFTY Aug series is trading at 57.2 Rs premium to Underlying . In derivative cumulatively for all series contract BANKNIFTY future net added 0.21 lakh position in open interest and this accounts to 0.79 % of Total Open Interest in all series and cumulatively trading in average premium of 128.83 Rs to Underlying.