Sunday, 9 December 2018

MTECHTIPS:- NIFTY FUTURE


MTECHTIPS:- NIFTY FUTURE:- NIFTY FUTURE-CMP(10735.15) is currently in BEAR trend . Yesterday the trend was STRONG BULL LOW VOLATALITY In Dec series Nifty future added 6.36 lakh position in Open Interest and this accounts to 2.89 % of Total Open Interest in Dec series.The Nifty Dec series is trading at 41.45 Rs premium to Underlying . In derivative cumulatively for all series contract Nifty future net added 7.18 lakh position in open interest and this accounts to 3.15 % of Total Open Interest in all series and cumulatively trading in average premium of 81.58 Rs to Underlying. The open interest is also increasing with trend and discount of share is also increasing indicating down move

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