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MTECHTIPS:- NIFTY FUTURE NIFTY
FUTURE-CMP(10621.6) is currently in SLIGHTLY BULL trend . Yesterday the trend
was BEAR WITH LV In Nov series Nifty future shed 6.25 lakh position in Open
Interest and this accounts to -2.67 % of Total Open Interest in Nov series.The
Nifty Nov series is trading at 21.55 Rs premium to Underlying . In derivative
cumulatively for all series contract Nifty future net shed 2.62 lakh position
in open interest and this accounts to -1.02 % of Total Open Interest in all
series and cumulatively trading in average premium of 61.63 Rs to Underlying.
The open interest is also not increasing with trend so be careful and premium
of share is also increasing so sellers be cautious
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