MTECHTIPS:- Bank Nifty Future

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MTECHTIPS:- Bank Nifty Future:- BANKNIFTY(28014.55) is currently in BEAR trend . Yesterday the trend was VERY STRONG BEAR In Sep series BANKNIFTY future added 0.7 lakh position in Open Interest and this accounts to 4.21 % of Total Open Interest in Sep series.The BANKNIFTY Sep series is trading at 195.05 Rs premium to Underlying . In derivative cumulatively for all series contract BANKNIFTY future net added 0.73 lakh position in open interest and this accounts to 4.26 % of Total Open Interest in all series and cumulatively trading in average premium of 273.38 Rs to Underlying.

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