MTECHTIPS:- Bank Nifty Future

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MTECHTIPS:- Bank Nifty Future:- BANKNIFTY(27615.45) is currently in BEAR trend . Yesterday the trend was VERY STRONG BEAR In Sep series BANKNIFTY future added 0.58 lakh position in Open Interest and this accounts to 3.33 % of Total Open Interest in Sep series.The BANKNIFTY Sep series is trading at 184.7 Rs premium to Underlying . In derivative cumulatively for all series contract BANKNIFTY future net added 0.61 lakh position in open interest and this accounts to 3.43 % of Total Open Interest in all series and cumulatively trading in average premium of 272.25 Rs to Underlying.