MTECHTIPS:- NIFTY FUTURE

MTECHTIPS:- NIFTY FUTURE

MTECHTIPS-NIFTY FUTURE-CMP(11938.15) is currently in BEAR trend . Yesterday the trend was STRONG BULL LOW VOLATALITY In Dec series Nifty future added 1.46 lakh position in Open Interest and this accounts to 1.07 % of Total Open Interest in Dec series.The Nifty Dec series is trading at 28 Rs premium to Underlying . In derivative cumulatively for all series contract Nifty future net added 2.42 lakh position in open interest and this accounts to 1.69 % of Total Open Interest in all series and cumulatively trading in average premium of 68.93 Rs to Underlying. The open interest is also increasing with trend
In options activity mainly confined to lower puts even though put/call ratio is high At current price strike the activity is tilted to put side but addition of call is slightly increasing at 11900 level The Nifty call option is trading at discount so sentiment at higher level seems cautious The Nifty Put option is trading at premium so market is expecting bearishnes Yesterday Nifty Put option has added 579.33 lakh position and Nifty call option has added 480.3 lakh position in open interest on cumulative basis Moneyflow wise Nifty Put option has added Rs 9.52 crore in value and Nifty call option has added Rs 35.5 crore in value on cumulative basisWWW.MTECHTIPS.COM

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