MTECHTIPS:- Bank Nifty Future

MTECHTIPS:- Bank Nifty Future: BANKNIFTY(25225.0) is currently in BEAR trend . Yesterday the trend was BULL WITH LV In Dec series BANKNIFTY future added 0.6 lakh position in Open Interest and this accounts to 3.23 % of Total Open Interest in Dec series.The BANKNIFTY Dec series is trading at 100.15 Rs premium to Underlying . In derivative cumulatively for all series contract BANKNIFTY future net added 0.65 lakh position in open interest and this accounts to 3.46 % of Total Open Interest in all series and cumulatively trading in average premium of 163.12 Rs to Underlying.