Nifty futures open Interest increased +1.7% as fresh longs got added. Technically, Nifty(spot) would continue to stay with positive bias above 10650 with resistance around 10800-10820 levels.
OI in BankNifty went up further by +3.5% indicating addition of fresh longs. BankNifty(spot) would stay strong above 25750 levels may move towards 26350-26400 levels.
Nifty futures open Interest decreased by -1.3% indicating wind up of long positions. Technically, Nifty(spot) has facing resistance around 10760 levels, a stay below may drag Nifty towards 10650-10630 levels.
OI in BankNifty declined by -7.2% as long positions were closed at higher levels. Technically, BankNifty(spot) if fails to break and holds above 26250 then it can slip towards 25950-25900 levels.
Nifty futures open Interest increased by +4.2% indicating addition of fresh long position. Technically, Nifty(spot) may stay bullish above 10690, next major movement may be after election results.
OI in BankNifty went up by +6.1% as fresh longs got added. Technically, BankNifty(spot) would stay with positive bias above 25900 levels.
Nifty futures open Interest decreased by -2.1% as some longs got wind up at higher levels. Fresh OI may be built in the next two sessions which may indicate the short term movement from current levels.
OI in BankNifty declined by -1.8% indicating unwinding of short positions as BankNifty stayed strong when compared to Nifty. Techinically, BankNifty(spot) may stay strong if holds above 26000 levels.
Nifty futures open Interest decreased by -2.1% indicating wind up of long positions. Technically, Nifty(spot) would stay weak below 10860 levels may move towards 10750-10700 levels.
OI in BankNifty increased by +2.4% as fresh short positions are created. Technically, BankNifty(spot) may stay with negative bias below 26750 may slip towards 26250-26150 levels.
Nifty futures open Interest declined by -1.8% as longs got wind up. Technically, Nifty(spot) would stay with negative bias below 10820 levels may move towards 10690-10650 levels.
OI in BankNifty decreased by -6.4% indicating long unwinding. Technically, BankNifty(spot) would stay weak below 26450 may slip towards its next support of 25900-25800 levels.
Nifty futures open Interest stayed flat after a continuous unwinding of long positions in previous sessions. Technically, Nifty(spot) closed marginally above its 21day moving average of 10677 , if breaks and stays below then it can slip towards 10630-10600 levels.
OI in BankNifty was up marginally by +1.4% indicating addition of fresh short positions. Technically, BankNifty(spot) would continue to stay weak below 26400 may move towards 25900-25830 levels.
Nifty futures open Interest increased by +2.3% indicating addition of fresh short positions. Technically, Nifty(spot) would continue to stay weak below its 21day moving average of 10680 may head towards 10530-10500 levels.
OI in BankNifty futures declined by -5.6% indicating wind up of long positions. Technically, BankNifty(spot) would stay weak below 26250 may head towards its 21day moving average of 25684-25640 levels.
Nifty futures open Interest declined by -3.6% indicating unwinding of long positions. Technically, Nifty(spot) would continue to stay weak below 10630 levels, on the downside 10480-10450 would be the nearby support levels.
OI in BankNifty futures increased marginally by +1.7% as fresh short positions got added. Technically, BankNifty(spot) closed marginally above its 21day moving average of 25714, for any further downside it has to break and stay below this level.
Nifty futures open Interest decreased marginally indicating wind up of short positions. Technically, Nifty(spot) would consolidate in the range of 10490-10630, any break in this range would set the next trend.
OI in BankNifty futures declined by -2.4% as Short positions got covered. Technically, BankNifty(spot) may weaken further if breaks and holds below 25650. On the upside, 26050 would be the near by resistance level.
