Nifty 10700(+43) BankNifty 26204(-26)
Nifty futures open interest increased by +2.6% as fresh longs got added. Technically, Nifty(spot) settled at 10700, if breaks and holds above 10730 then it can test its resistance of 10770-10790 levels.
OI in BankNifty went up by +5.2% indicating addition of fresh short positions. Short term trend would stay weak below 26400 for BankNifty(spot), it may test the support of 26000.
Nifty futures open interest increased by +2.6% as fresh longs got added. Technically, Nifty(spot) settled at 10700, if breaks and holds above 10730 then it can test its resistance of 10770-10790 levels.
OI in BankNifty went up by +5.2% indicating addition of fresh short positions. Short term trend would stay weak below 26400 for BankNifty(spot), it may test the support of 26000.