Nifty 10944(-126) BankNifty 27294(-93)
Nifty futures open Interest declined marginally by -1.1% indicating wind up of long positions. Nifty(spot) failed to hold above 11000 levels, it may stay weak below 11000 with support at 10880-10850 levels.
OI in BankNifty stayed flat for the second straight session as no new positions got added. BankNifty(spot) would stay with positive bias as long as it holds above 27200, only on a close below 27200 would change the current trend.
Nifty futures open Interest declined marginally by -1.1% indicating wind up of long positions. Nifty(spot) failed to hold above 11000 levels, it may stay weak below 11000 with support at 10880-10850 levels.
OI in BankNifty stayed flat for the second straight session as no new positions got added. BankNifty(spot) would stay with positive bias as long as it holds above 27200, only on a close below 27200 would change the current trend.