Nifty futures open Interest declined by -4.3% indicating wind-up of longs. Nifty(spot) settled above its last week's high of 11974, if continued to stay above 11970 then it can move towards 12100.
OI in BankNifty decreased by -3.2% as longs got un-winded. BankNifty(spot) continued to inch upwards, current bullish trend would stay intact as long as it holds above 30800.
OI in BankNifty decreased by -3.2% as longs got un-winded. BankNifty(spot) continued to inch upwards, current bullish trend would stay intact as long as it holds above 30800.