Nifty futures open Interest declined by -2.5% indicating winding up of long positions. Nifty(spot) would weaken further if breaks and holds below its 50day moving average of 10780, can move towards 10720-10680 levels.
OI in BankNifty went down by -1.4% as longs got unwinded. BankNifty(spot) would stay with negative bias below its 21day moving average of 27347, may test its next support of 26950-26900 levels.
Nifty futures open Interest went up by +1.8% as fresh Shorts got added. Nifty(spot) break below its various moving averages of 21,50,100 and 200 indicating weakness, it can head towards 10600-10570 levels.
OI in BankNifty declined by -12.3% indicating wind up of long positions. BankNifty(spot) slipped below it support of 26900 may further weaken to move towards 26400 levels.
Nifty futures open Interest (combined three months) increased by 2.6% as fresh short positions got rolled over to next month contract. Nifty(spot) would continue to stay with negative bias below 10770 levels.
OI in BankNifty went up by +6.1% indicating addition of fresh Short positions. BankNifty(spot) would stay weak below its resistance of 26900 levels can test 26400.
Nifty futures open Interest (combined three months) increased by 2% indicating addition of Short positions. Nifty(spot) trend would stay bearish as long as it holds below 10778, may re-test its recent low of 10580 levels.
OI in BankNifty declined by -3.2% as Shorts got unwinded. BankNifty(spot) has to close above its resistance of 26900-26950 levels for any upside. On the downside, 26500-26450 would be the support levels.
Nifty futures open Interest (combined three months) increased by +1.6% as fresh longs got added. Nifty(spot) bounced back from its lows and closed above its resistance of 10750, can move towards 10900-10930 levels.
OI in BankNifty went up by +3.3% indicating addition of fresh long positions. BankNifty(spot) closed around its 21Day moving average of 27275, if stay above this level then it can strengthen further to move towards 27500-27550 levels.
Nifty futures open Interest increased by +4.3%, indicating addition of fresh longs. Nifty(spot) managed to hold above its cluster of various moving averages, if continued to hold above 10850 levels then it may once again attempt to break above 11000 levels.
OI in BankNifty stayed flat as there was no addition of fresh positions. BankNifty(spot) would stay in a wider range of 26900-27500 for the next few sessions, any break in this range would set the next trend.
Nifty futures open Interest went up by +1.9% indicating addition of fresh long positions. Nifty(spot) continued to stay above its support of 10850, can move towards 10950-10980 levels.
OI in BankNifty increased by 1.4% as fresh longs got added. BankNifty(spot) has to move above its 21day moving average of 27281 to strengthen further, it may stay with positive bias above 26900 levels.
Nifty futures open Interest went up further by +2.6% as fresh longs got added. Nifty(spot) continued to stay above 10900 levels for the second straight session, 10980 would be the resistance to watch in the next two sessions.
OI in BankNifty went up by +7.1% indicating buildup of long positions ahead of RBI's monetary policy meeting on Feb 07th. BankNifty(spot) closed near to its 21day moving average of 27280, once breaks and stays above this level then it can head towards 27500-27600 levels.
Nifty futures open Interest increased by a huge +12.7% indicating fresh long positions. Nifty(spot) broke above its resistance of 10980-11000 levels after it failed in its several attempts, would stay bullish above 10980 can move towards 11130-11170 levels.
OI in BankNifty went up by +10.1% as further longs got added. BankNifty(spot) would stay with positive bias above 27250 may move towards 27550-27650 levels.
Nifty futures open Interest stayed flat for the day as no fresh position got added. Nifty(spot) would consolidate above 11000 levels before moving up further, next resistance would be around 11130-11170 levels.
OI in BankNifty stayed almost flat for the day after it increased in the last few sessions. BankNifty(spot) found resistance around 27600 levels, it may stay with positive bias as long as holds above 27200 levels.
