MTECHTIPS:- NIFTY FUTURE,Bank Nifty Future

MTECHTIPS:- NIFTY FUTURE- NIFTY FUTURE-CMP(10469.4) is currently in SIDEWAYS trend . Yesterday the trend was STRONG BEAR LOW VOLATALITY In Jan series Nifty future added 7.94 lakh position in Open Interest and this accounts to 3.38 % of Total Open Interest in Jan series.The Nifty Jan series is trading at 26.2 Rs premium to Underlying . In derivative cumulatively for all series contract Nifty future net added 8.81 lakh position in open interest and this accounts to 3.62 % of Total Open Interest in all series and cumulatively trading in average premium of 52.52 Rs to Underlying. The open interest is also not increasing with trend so be careful
MTECHTIPS:- Bank Nifty Future:- BANKNIFTY(25386.8) is currently in SIDEWAYS trend . Yesterday the trend was STRONG BEAR LOW VOLATALITY In Jan series BANKNIFTY future added 1.93 lakh position in Open Interest and this accounts to 12.53 % of Total Open Interest in Jan series.The BANKNIFTY Jan series is trading at 68.2 Rs premium to Underlying . In derivative cumulatively for all series contract BANKNIFTY future net added 2 lakh position in open interest and this accounts to 12.49 % of Total Open Interest in all series and cumulatively trading in average premium of 126.23 Rs to Underlying. The open interest is also not increasing with trend so be careful
WWW.MTECHTIPS.COM
07489294118