MTECHTIPS:- NIFTY FUTURE

MTECHTIPS:- NIFTY FUTURE- NIFTY FUTURE-CMP(10500.2) is currently in SIDEWAYS trend . Yesterday the trend was BEAR WITH LV In Dec series Nifty future shed 45.43 lakh position in Open Interest and this accounts to -33.7 % of Total Open Interest in Dec series.The Nifty Dec series is trading at 9.45 Rs premium to Underlying . In derivative cumulatively for all series contract Nifty future net shed 3.86 lakh position in open interest and this accounts to -1.41 % of Total Open Interest in all series and cumulatively trading in average premium of 40.85 Rs to Underlying. The open interest is also increasing with trend
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