Nifty futures open Interest(combined three months) declined by -1.9% indicating wind-up of short positions. Nifty(spot) after slipping below 10700 bounced to close above 10800 levels, can bounce back further if holds above 10750 levels, near by resistance would be 10960-11000 range.
OI in BankNifty decreased marginally by -1.1% as shorts got un-winded. BankNifty(spot) closed near to its resistance of 27000, if breaks and holds above 27000 then it can bounce towards 27300-27400 levels.
Nifty futures open Interest(combined three months) went up marginally as fresh longs got added. Nifty(spot) bounced back sharply to close above 11000 levels, it has to hold above this level for a towards its 200DMA of 11200, on the downside, 11960-11930 would be the support level.
OI in BankNifty decreased by -6.1% indicating wind-up of short positions. BankNifty(spot) in line with Nifty bounced back by around 1000 points, it would stay with positive bias as long as it holds above 27500 level, on the upside, its 21DMA 28172 would be the near by resistance.
Nifty futures open Interest(combined three months) stayed flat in the last session as no fresh positions got added. Nifty(spot) would consolidate above its 21DMA of 11009, resistance would be its 200DMA of 11203.
OI in BankNifty increased by +6.4% as fresh longs got added. BankNifty(spot) closed around its 21DMA of 28159, has to hold above this level to move towards 28500 levels, on the downside 27750 would be the support level.
Nifty futures open Interest(combined three months) went up by +7.6% indicating addition of fresh longs. Nifty(spot) managed to hold above 11000 levels amidst volatility, on a subsequent stay above this level it can move towards 11150-11190 levels.
OI in BankNifty increased by +7% as fresh longs got added. BankNifty(spot) failed to hold above its 21DMA of 28056, would gain strength once it breaks above this level, 27500 would be the near by support level.
Nifty futures open Interest(combined three months) went up by +14.5% indicating rollover of fresh shorts. Nifty(spot) failed to hold above its 21DMA of 10986, it would stay weak below this level near by support would be 10890 and 10850.
OI in BankNifty increased by +12.6% as short positions got added. BankNifty(spot) closed below its support of 27500 can test its support of 27000-26900 levels.
Nifty futures open Interest stayed almost flat in the last session. Nifty(spot) once again closed above 11000 levels, in the last few session it had formed a range of 10850-11150 it has to close beyond this range for the next trend to set, its 21DMA of 10983 would act as pivot level.
OI in BankNifty decreased by -3.9% indicating wind-up of short positions. BankNifty(spot) would stay with negative bias as long as it holds below its 21DMA of 27896, its near by support would be 27000-26900 levels.
Nifty futures open Interest went up by +2.2% indicating addition of fresh shorts. Nifty(spot) would stay weak below 10880 levels can slip towards 10750-10700 levels.
OI in BankNifty increased by +13.5% as fresh shorts got added. BankNifty(spot) has weakened below 27400 can re-test its recent lows of 26550-26500 levels.
Nifty futures open Interest declined by -3.3% as shorts got un-winded. Nifty(spot) bounced from 10750 levels, can consolidate in the range of 10750-10930, would weaken further on a break below 10750.
OI in BankNifty decreased by -4.9% on short unwinding. BankNifty(spot) bounced from 26650 levels, can weaken further if breaks and holds below 26900, on the upside 27400 would be resistance.
Nifty futures open Interest went up by +2.4% as fresh shorts got added. Nifty(spot) would consolidate in the range of 10750-10950 has to break this range for the next trend to set.
OI in BankNifty increased by +8.3% indicating addition of fresh shorts. BankNifty(spot) would weaken further on a break and stay below 26700, on the upside 27300 would be the resistance.
Nifty futures open Interest declined by -2.6% as shorts got un-winded. Nifty(spot) closed near to its 21DMA of 10958, any subsequent break and stay above this level would enable it to test 11100-11130 range, near by support would be 10890 and 10850.
OI in BankNifty decreased by -5.7% indicating wind-up of short positions. BankNifty(spot) would gain strength once it moves above 27300 then it can test its 21DMA of 27659.
