MTECHTIPS:- NIFTY FUTURE

MTECHTIPS:- NIFTY FUTURE:- NIFTY FUTURE-CMP(10924.0) is currently in BULL trend . Yesterday the trend was BEAR WITH LV In Dec series Nifty future added 3.89 lakh position in Open Interest and this accounts to 1.96 % of Total Open Interest in Dec series.The Nifty Dec series is trading at 40.25 Rs premium to Underlying . In derivative cumulatively for all series contract Nifty future net added 4.2 lakh position in open interest and this accounts to 2.07 % of Total Open Interest in all series and cumulatively trading in average premium of 79.68 Rs to Underlying. The open interest is not increasing with trend so be careful 

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