MTECHTIPS:- NIFTY FUTURE

MTECHTIPS:- NIFTY FUTURE- NIFTY FUTURE-CMP(10278.65) is currently in SIDEWAYS trend . Yesterday the trend was STRONG BEAR LOW VOLATALITY In Dec series Nifty future added 56.77 lakh position in Open Interest and this accounts to 32.8 % of Total Open Interest in Dec series.The Nifty Dec series is trading at 52.1 Rs premium to Underlying . In derivative cumulatively for all series contract Nifty future net added 20.21 lakh position in open interest and this accounts to 7.17 % of Total Open Interest in all series and cumulatively trading in average premium of 46.08 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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