MTECHTIPS:- Bank Nifty Future

MTECHTIPS:- Bank Nifty Future:-  BANKNIFTY(26253.9) is currently in SIDEWAYS trend . Yesterday the trend was BULL WITH LV In Nov series BANKNIFTY future added 0.38 lakh position in Open Interest and this accounts to -2.5 % of Total Open Interest in Nov series.The BANKNIFTY Nov series is trading at 8.35 Rs premium to Underlying . In derivative cumulatively for all series contract BANKNIFTY future net added 0.31 lakh position in open interest and this accounts to 1.78 % of Total Open Interest in all series and cumulatively trading in average premium of 82.57 Rs to Underlying.

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