MTECHTIPS:- Bank Nifty Future:

MTECHTIPS:- Bank Nifty Future:-  BANKNIFTY(26643.8) is currently in SIDEWAYS trend . Yesterday the trend was BEAR WITH LV In Dec series BANKNIFTY future added 0.75 lakh position in Open Interest and this accounts to 4.5 % of Total Open Interest in Dec series.The BANKNIFTY Dec series is trading at 124.2 Rs premium to Underlying . In derivative cumulatively for all series contract BANKNIFTY future net added 0.83 lakh position in open interest and this accounts to 4.83 % of Total Open Interest in all series and cumulatively trading in average premium of 203.93 Rs to Underlying.

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