Nifty futures open Interest was down by -4.1% its lowest levels of OI in November contract, Nifty was at same levels of 10350 when November contract opened. Lower trading volumes may also be one of the reason for wind up in long position. Technically, Nifty would continue to stay bullish above 10300 levels.
For BankNifty futures Open interest was marginally down by -0.26%, still long position are holding in BankNifty, it may remain with positive bias as long as the support of 25500(in futures) remains intact.
For BankNifty futures Open interest was marginally down by -0.26%, still long position are holding in BankNifty, it may remain with positive bias as long as the support of 25500(in futures) remains intact.