Wednesday, 5 December 2018

MTECHTIPS:- NIFTY FUTURE

MTECHTIPS:- NIFTY FUTURE:- NIFTY FUTURE-CMP(10827.65) is currently in SIDEWAYS trend . Yesterday the trend was BEAR WITH LV In Dec series Nifty future added 2.6 lakh position in Open Interest and this accounts to 1.28 % of Total Open Interest in Dec series.The Nifty Dec series is trading at 44.75 Rs premium to Underlying . In derivative cumulatively for all series contract Nifty future net added 3.39 lakh position in open interest and this accounts to 1.62 % of Total Open Interest in all series and cumulatively trading in average premium of 86.48 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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