Nifty futures open Interest declined by -1.3% as Longs got unwinded. Nifty(spot) continued to stay in its recent trading range of 10450-10650, it has to break this range on close basis for the next trend.
OI in BankNifty increased by +5.7% indicating addition of fresh Long positions. BankNifty(spot) closed above its 50day moving average of 25774, it would stay with positive bias above its 50DMA and move towards 26250-26300.
Nifty futures open Interest stayed flat in the last session, indicating no addition of fresh positions. Nifty(spot) closed near to its resistance of 10650, if breaks and holds above then it can move towards its 50day moving average of 10770.
OI in BankNifty went up by a huge +11% as fresh longs got added. BankNifty(spot) had strengthened above its 50day moving average of 25735, its moving towards 26300-26400 levels.
Nifty futures open Interest went up by +2.4% indicating addition of fresh longs after a gap of two weeks. Nifty(spot) broke its recent trading range of 10450-10650 on the upside, would strengthen further if continue to hold above 10650 may move towards 10750-10790 levels.
OI in BankNifty declined by -2.4% as shorts got wind up. BankNifty(spot) may continue to stay with positive bias above 26000 levels can move towards 26450-26500 levels.
Nifty futures open Interest increased by +2.2% as fresh longs got added. Nifty(spot) would stay with positive bias above 10630 may move towards 10830-10850 levels.
OI in BankNifty went up by +2% indicating addition of long positions. BankNifty(spot) would be bullish above 26000 levels, can move towards 26500-26550.
Nifty futures open Interest declined by -3% indicating wind up of long positions. Nifty(spot) failed to hold above 10750 levels, it may consolidate in the range of 10550-10750 levels.
OI in BankNifty stayed almost flat for the day as there was no fresh addition of positions. BankNifty(spot) support range would be 26000-25900, only a close below 25900 would weaken it further.
Nifty futures open Interest declined by -2.6% indicating wind up of long positions. Nifty(spot) has to move above 10650 for further bullishness, on the downside 10550-10520 would be the near by support levels.
OI in BankNifty went up by +7.4% as fresh longs got added. BankNifty(spot) would continue to stay with positive bias above 26000 levels, can move towards 26400-26500 levels.
Nifty futures open Interest declined by -2.3% as longs got unwinded. Nifty(spot) is moving towards its support of 10470-10430 levels. On the upside, 10650 would be the resistance level.
OI in BankNifty declined by a huge -28% indicating wind up of long positions. BankNifty(spot) closed around its support level of 26000, if continued to stay below this level then it can move towards 25750-25850 levels.
Nifty futures open Interest (three months combined) increased by +4.6% indicating rollover of long positions. Nifty(spot) bounced back from its 21day moving average of 10489, it has to break and hold above its 50DMA of 10660 for any significant upside.
OI in BankNifty went up by +16% indicating addition of fresh long positions. BankNifty(spot) managed to hold above 26000 levels, it had closed near to its recent high of 26379, if breaks and holds above then it can move towards 26550-26650 levels.
Nifty futures open Interest(combined three months) declined by -2.4% as Shorts got unwinded. Nifty(spot) settled above its 50day moving average of 10645, on a subsequent stay above this level it may strengthen further to move towards 10750-10800 levels.
OI in BankNifty increased by +4.5% indicating by addition of fresh long positions. BankNifty(spot) closed around its 100DMA of 26490, may move towards 26600-26750 levels.
Nifty futures open Interest(three months combined) decreased by -1.1% indicating unwinding of Short positions. Nifty(spot) consolidated at higher levels may stay volatile on expiry in the range of 10650-10750, would strengthen above 10750.
OI in BankNifty went up by +6% as fresh longs got added. BankNifty(spot) found resistance at higher levels in the last session, may consolidate in the range of 26250-26550 before moving up.
