MTECHTIPS:- Bank Nifty Future

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MTECHTIPS:- Bank Nifty Future:- BANKNIFTY(28216.7) is currently in SIDEWAYS trend . Yesterday the trend was BULL WITH LV In Sep series BANKNIFTY future added 0.47 lakh position in Open Interest and this accounts to -2.94 % of Total Open Interest in Sep series.The BANKNIFTY Sep series is trading at 154.95 Rs premium to Underlying . In derivative cumulatively for all series contract BANKNIFTY future net shed 0.35 lakh position in open interest and this accounts to -2.11 % of Total Open Interest in all series and cumulatively trading in average premium of 225.37 Rs to Underlying.

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