Nifty futures open interest remained almost flat for the second straight session. Technically, Nifty(spot) would stay with positive bias above 10630 may head towards 10730-10760 levels.
OI in BankNifty went up marginally by +1.6% indicating addition of fresh longs. Technically, BankNifty(spot) may move towards 26500-26550 levels on a stay above 26000.
Nifty futures open interest increased by +5.8% indicating addition of fresh long positions. Technically, Nifty(spot) would stay with positive bias above its 21day moving average of 10657.
OI in BankNifty increased by +3.2% as fresh longs got added. Technically, BankNifty(spot) would stay bullish above 26250 levels.
Nifty futures open interest increased by +2.4% indicating addition of fresh long positions. Nifty(spot) held above its 21DMA of 10659, subsequent stay above this level in coming days may help Nifty to move towards 10830-10870 levels.
OI in BankNifty declined by -2% indicating windup of long positions. Technically, BankNifty(spot) would stay with positive bias above 26250, if holds above then it can move towards 26650-26750 levels.
Nifty futures open interest increased by +3.9% indicating addition of fresh short positions. Technically, Nifty(spot) failed to hold above 10800 levels , any subsequent stay below may result in Nifty filling the gap in candlestick chart that was created on June 07th around 10680 levels.
OI in BankNifty increased marginally by +1.4% as fresh shorts got added. It seems traders are cautious ahead of key economic data’s such as IIP and CPI Inflation which is expected after market hours tomorrow.
Nifty futures open interest increased by +2.1% indicating addition of long positions. Technically, Nifty(spot) regained 10800 levels , may try to test its recent high of 10930 if continued to hold above 10800.
OI in BankNifty went up by +3.3% as fresh longs got added. Technically, BankNifty(spot) may stay with positive bias above 26400 may head towards 26800-26850 levels.
Nifty futures open interest increased by +3.5% indicating addition of fresh long positions. Technically, Nifty(spot) continued to stay in a narrow range for the third straight session, it would be with positive bias above 10800 levels.
OI in BankNifty went up by +4.5% as fresh longs got added. BankNifty(spot) would stay with positive bias above 26400 levels.
Nifty futures open interest decreased by -2.8% indicating windup of long positions. Technically, Nifty(spot) had been testing 10800 levels for the last few sessions, any close below 10800 may weaken Nifty, it may move towards 10700-10680 levels.
OI in BankNifty declined by -1.1% as long positions got windup. Technically, BankNifty(spot) has to break its recent trading range of 26400-26750 for any significant movement from current levels.
Nifty futures open interest increased by +3.2% indicating addition of fresh long positions. Technically, Nifty(spot) had been locked in a narrow range of 10750-10850, it would stay with positive bias above 10800 levels.
OI in BankNifty declined by -3% as long positions got wind up. Nearby support for BankNifty(spot) would be its 21day moving average of 26322, if holds above then it can bounce back towards 26650 levels.
Nifty futures open interest increased marginally by +1% indicating addition of fresh short positions. Technically, Nifty(spot) continued to stay in a narrow range of 10750-10850, any break in this range would set the next trend.
OI in BankNifty went up by +3% indicating addition of fresh short positions. Technically, BankNifty(spot) may weaken if breaks and stays below 26330, may head towards 26200-26100 levels.
