MTECHTIPS:- NIFTY FUTURE:
MTECHTIPS:- NIFTY FUTURE:- NIFTY FUTURE-CMP(11285.25) is currently in SLIGHTLY BEAR trend . Yesterday the trend was STRONG BULL LOW VOLATALITY In May series Nifty future shed 2.43 lakh position in Open Interest and this accounts to -1.57 % of Total Open Interest in May series.The Nifty May series is trading at 28.15 Rs premium to Underlying . In derivative cumulatively for all series contract Nifty future net added 1.43 lakh position in open interest and this accounts to 0.82 % of Total Open Interest in all series and cumulatively trading in average premium of 64.53 Rs to Underlying. The open interest is not increasing with trend so be careful and discount of share is also increasing so buyer be cautious
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