Nifty 10598(+68) BankNifty 25738(+140)
Nifty futures open Interest continued to stay flat in the last few sessions. Nifty(spot) would continue to stay bullish above 10450 levels, near by resistance levels would be 1066010690.
OI in BankNifty decreased by -17% indicating wind up of long positions. BankNifty(spot) would find resistance around 25900 levels, on the downside 25500 would be the support level, any break below 25500 would lead to 25350 levels.
Nifty futures open Interest continued to stay flat in the last few sessions. Nifty(spot) would continue to stay bullish above 10450 levels, near by resistance levels would be 1066010690.
OI in BankNifty decreased by -17% indicating wind up of long positions. BankNifty(spot) would find resistance around 25900 levels, on the downside 25500 would be the support level, any break below 25500 would lead to 25350 levels.