MTECHTIPS:- Bank Nifty Future

MTECHTIPS:- Bank Nifty Future:- BANKNIFTY(25724.65) is currently in BULL trend . Yesterday the trend was BEAR WITH LV In Jan series BANKNIFTY future added 2.96 lakh position in Open Interest and this accounts to 15.22 % of Total Open Interest in Jan series.The BANKNIFTY Jan series is trading at 48.55 Rs premium to Underlying . In derivative cumulatively for all series contract BANKNIFTY future net added 3 lakh position in open interest and this accounts to 14.73 % of Total Open Interest in all series and cumulatively trading in average premium of 90.57 Rs to Underlying.