MTECHTIPS:- Nifty August Future, Bank Nifty August Future

MTECHTIPS:- Nifty August Future: Nifty future added 8.13 lakh position in Open Interest and this accounts to 3.96 % of Total Open Interest in Oct series.The Nifty Oct series is trading at 11.95 Rs premium to Underlying . In derivative cumulatively for all series contract Nifty future net added 9.12 lakh position in open interest and this accounts to 4.25 % of Total Open Interest in all series and cumulatively trading in average premium of 48.2 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

MTECHTIPS:- Bank Nifty August Future: BANKNIFTY future added 1.23 lakh position in Open Interest and this accounts to 5.36 % of Total Open Interest in Oct series.The BANKNIFTY Oct series is trading at 13.45 Rs premium to Underlying . In derivative cumulatively for all series contract BANKNIFTY future net added 1.31 lakh position in open interest and this accounts to 5.6 % of Total Open Interest in all series and cumulatively trading in average premium of 70.83 Rs to Underlying. The open interest is also increasing with trend and discount of share is also increasing indicating down move

WWW.MTECHTIPS.COM

07489294118