MTECHTIPS:- Bank Nifty Future

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MTECHTIPS:- Bank Nifty Future:- BANKNIFTY(28312.25) is currently in SIDEWAYS trend . Yesterday the trend was BEAR WITH LV In Aug series BANKNIFTY future added 2.91 lakh position in Open Interest and this accounts to -19.35 % of Total Open Interest in Aug series.The BANKNIFTY Aug series is trading at 42.6 Rs premium to Underlying . In derivative cumulatively for all series contract BANKNIFTY future net shed 0.06 lakh position in open interest and this accounts to -0.25 % of Total Open Interest in all series and cumulatively trading in average premium of 109.85 Rs to Underlying.

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