Nifty futures open Interest increased by +2.2% as fresh longs got added. Nifty(spot) continued to make new lifetime highs in the last few sessions, current positive momentum may stay intact above 11350 levels, it may consolidate at higher levels with positive bias.
OI in BankNifty went up by +6.5% indicating further addition of long positions. BankNifty(spot) may remain strong above 28000 levels would move towards 28500-28550.
Nifty futures open Interest remained almost flat +0.6% indicating no major addition of fresh positions at higher levels. Technically, Nifty(spot) would consolidate in the range of 11350-11500 a close beyond this range would set the next trend.
OI in BankNifty declined by -5.4% indicating wind up of long positions at higher levels. BankNifty(spot) may weaken if breaks and closes below 28000 then it may test its support of 27750-27700 levels.
Nifty futures open Interest decreased by -1% indicating wind up of long positions. Technically, Nifty(spot) closed marginally, above its support of 11350, any subsequent break and stay below 11350 may weaken it further and may move towards 11290-11250 levels.
OI in BankNifty declined by -7.3% as long positions got wind up. BankNifty(spot) settled below its support of 28000, if continued to stay below this level it may be dragged towards it next support of 27600-27500.
Nifty futures open Interest increased by +1.4% indicating addition of fresh long positions. Technically, Nifty(spot) bounced from its support of 11350, it continued to stay in the range of 11350-11500 levels any close out of this range would set the next trend.
OI in BankNifty stayed flat indicating no addition of fresh positions. BankNifty(spot) once again closed marginally above its support of 28000 and this level would act as pivot level for next trend.
Nifty futures open Interest increased by +1.1% indicating addition of fresh short positions. Nifty(spot) stayed in a narrow range of 11350-11450 for the last few sessions, may weaken if breaks and stays below 11350.
OI in BankNifty declined by -5.4% as longs continue to wind up their positions. BankNifty(spot) failed to hold above 28000 levels, may weaken further to test 27600-27500 levels.
Nifty futures open Interest increased by +2.9% indicating addition of fresh long positions. Technically, Nifty(spot) bounced from its support of 11350 and broke above its recent trading range of 11350-11450. Nifty would continue to stay with bullishness above 11350 may head towards 11550-11580 levels.
OI in BankNifty went up by +2.7% as fresh longs got added. BankNifty(spot) stayed firm above its support of 28000, may once again test its recent highs of 28350-28400 levels.
Nifty futures open Interest increased by +1.5% as fresh longs got added. Nifty(spot) closed at its new highs indicating bullishness, it may continue to stay positive above 11430 with resistance at 11590-11620 levels.
OI in BankNifty stayed almost flat as no significant positions got added in the last session. Technically, BankNifty(spot) would stay with positive bias above 28000 levels with resistance at its recent highs of 28380-28450 levels.
Nifty futures open Interest stayed almost flat as there was no significant addition of fresh positions. Technically, Nifty(spot) may consolidate with positive bias above 11450 with resistance at 11590-11620 levels.
OI in BankNifty declined by -3.8% indicating wind up of long positions. BankNifty(spot) would stay bullish above 28000 with resistance at 28380-28480 levels.
Nifty futures open Interest stayed flat for the second straight session as there was no addition of any fresh positions. Technically, Nifty(spot) may consolidate in the range of 11500-11650 for the next few sessions.
OI in BankNifty declined by -14.3% indicating wind up of long positions. BankNifty(spot) may weaken further and move towards 27750-27700 levels if breaks and stays below 27950.
Nifty futures open Interest declined by -2.4% indicating wind up of long positions. Technically, Nifty(spot) may find its recent high of 11600-11620 as stiff resistance, any failure to move beyond this level may result in Nifty testing its support of 11450-11400 levels.
OI in BankNifty declined further marginally by -0.9% as longs got wind up. BankNifty(spot) weakened below 27950, if continued to stay below then it can move towards 27700-27600 levels.
