MTECHTIPS:- Bank Nifty Future

MTECHTIPS:- Bank Nifty Future:-  -BANKNIFTY(26319.0) is currently in BULL trend . Yesterday the trend was CONFUSION TREND In Nov series BANKNIFTY future added 0.31 lakh position in Open Interest and this accounts to 1.97 % of Total Open Interest in Nov series.The BANKNIFTY Nov series is trading at 18.3 Rs premium to Underlying . In derivative cumulatively for all series contract BANKNIFTY future net added 1.2 lakh position in open interest and this accounts to 6.51 % of Total Open Interest in all series and cumulatively trading in average premium of 85.42 Rs to Underlying.

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