MTECHTIPS:- Bank Nifty Future

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MTECHTIPS:- Bank Nifty Future:- BANKNIFTY(26978.8) is currently in BEAR trend . Yesterday the trend was CONFUSION TREND In Sep series BANKNIFTY future added 0.08 lakh position in Open Interest and this accounts to 0.45 % of Total Open Interest in Sep series.The BANKNIFTY Sep series is trading at 159.6 Rs premium to Underlying . In derivative cumulatively for all series contract BANKNIFTY future net added 0.3 lakh position in open interest and this accounts to 1.57 % of Total Open Interest in all series and cumulatively trading in average premium of 257.43 Rs to Underlying.