MTECHTIPS:- Bank Nifty Future

MTECHTIPS:- Bank Nifty Future:- BANKNIFTY(25636.5) is currently in SIDEWAYS trend . Yesterday the trend was BULL WITH LV In Jan series BANKNIFTY future added 1.23 lakh position in Open Interest and this accounts to 7.46 % of Total Open Interest in Jan series.The BANKNIFTY Jan series is trading at 34.65 Rs premium to Underlying . In derivative cumulatively for all series contract BANKNIFTY future net added 1.28 lakh position in open interest and this accounts to 7.4 % of Total Open Interest in all series and cumulatively trading in average premium of 85.8 Rs to Underlying