Nifty futures open interest remained flat indicating no fresh positions. Technically, Nifty(spot) broke its recent trading range of 10750-10850 on the downside, if continued to stay below 10750 then it can head towards 10660-10630 levels.
OI in BankNifty stayed flat in line with Nifty. Technically, BankNifty(spot) has weakened on a close below its 21day moving average of 26370, any subsequent stay below may drag it towards 26050-25950 levels.
Nifty futures open interest remained almost flat -0.7% for the second straight session. Technically, Nifty(spot) would once again moved into its last week range of 10750-10850 levels, a stay above 10750 may take it towards its upper range of 10850.
OI in BankNifty went up by +3.9% indicating addition of fresh long positions. BankNifty(spot) would stay with positive bias above 26400 may move towards 26750-26800 levels.
Nifty futures open interest continued to stay without any major change indicating no fresh positions are added in the last three sessions. Technically, Nifty(spot) had been in a narrow range from last week and in the last three sessions it had formed a new range of 10700-10800, a break and close out of this range would set the next trend.
OI in BankNifty declined by -8.1% indicating long unwinding. Technically, BankNifty(spot) would weaken only on a close below 26200, its trading range would be 26200-26700.
Nifty futures open interest declined by -2.9% indicating windup of short positions. Technically, Nifty(spot) broke above its recent trading range of 10700-10800, if manages to hold above 10800 then it can move towards 10880-10920 levels.
OI in BankNifty went up by +6.4% indicating addition of fresh long positions. BankNifty(spot) would stay with positive bias above its 21day moving average of 26483, may move towards 27000-27100 levels.
Nifty futures open interest(combined three months) increased by +4.6% indicating some shorts are being rolled over to next contract. Technically, Nifty(spot) once again slipped into its recent trading range of 10700-10800 levels indicating a range bound movement.
OI in BankNifty declined by -5.5% as long positions got windup. BankNifty’s(spot) trading range would be 26300-26800 may break this range around expiry.
Nifty futures open interest increased +2.8% as longs got rolled over to July contract. In the last two sessions both longs and shorts are being rolled over as Nifty stays in a narrow range.
OI in BankNifty declined by -4.4% indicating windup of long position. Technically, BankNifty(spot) took support around its 21day moving average of 26500 levels in the last session, if holds then it can move up from current levels.
Nifty futures open interest (three months combined) went up by +3.2% indicating addition of fresh short positions. Technically, Nifty(spot) broke its recent trading range on the downside, it may stay with negative bias below 10730 levels. Nifty may stay volatile on expiry day and if continue to stay below 10730 then it can head towards 10630-10590 levels.
OI in BankNifty declined by -3.6% as long positions got windup. BankNifty(spot) may remain volatile with negative bias on a stay below 26500 levels may head towards 26250-26200.
Nifty futures open interest(combined three months) increased by +4.3% as fresh shorts got added to the July contract. Technically, short term trend for Nifty(spot) would stay negative below 10700 may head towards 10530-10490 levels.
OI in BankNifty went up by +5.1% indicating addition of short positions. Technically, BankNifty(spot) would stay with negative bias below 26500 levels, can test 26100-26000 levels.
Nifty futures open interest increased by +5.3% indicating addition of fresh long positions. As market had a gap-up opening in the last session, the short position that was created below 10650 levels stays intact there may be short covering if Nifty holds above 10700 in the coming days.
OI in BankNifty stayed flat in the last session. Technically, BankNifty(spot) has to break the range of 26200-26500 on close basis to set the next major trend
Nifty futures open Interest remained flat, indicating no fresh positions are added on the last session. Short term trend for Nifty(spot) would stay weak below 10730 levels, may retest its recent lows of 10550 levels.
OI in BankNifty went up by +4.6% as fresh shorts got added. Technically, BankNifty(spot) would stay weak below 26500, may weaken further if breaks below 26000 levels.
