MTECHTIPS:- Bank Nifty Future

MTECHTIPS:- Bank Nifty Future- BANKNIFTY(30331.0) is currently in BEAR trend . Yesterday the trend was CONFUSION TREND In Jun series BANKNIFTY future added 0.88 lakh position in Open Interest and this accounts to -5.66 % of Total Open Interest in Jun series.The BANKNIFTY Jun series is trading at 20 Rs discount to Underlying . In derivative cumulatively for all series contract BANKNIFTY future net shed 0.56 lakh position in open interest and this accounts to -3.29 % of Total Open Interest in all series and cumulatively trading in average premium of 79.73 Rs to Underlying. The open interest is also not increasing with trend so be careful option activity is less WWW.MTECHTIPS.COM 07489294118
Published on Jun 19 2019 10:23AM, by MTECHTIPS in Nifty/Equity Tips| Share This