MTECHTIPS:- GAIL (India) Ltd.: GAIL is currently in Sideways trend and current intra mode is buy and current very short term mode is buy Yesterday the trend was Strong bear In Aug series GAIL future shed 1.6 lakh position in Open Interest and this accounts to -1.7119623368286 % of Total Open Interest in Aug series.The GAIL Aug series is trading at 1.85 Rs premium to Underlying In derivative for all series the share net shed 0.22 lakh position in open interest and for all series it is now trading in average discount of 0.75 Rs to Underlying. The open interest is not increasing with uptrend so be careful At current price strike the activity is tilted to call side and ratio still strong