Nifty 10531(+53) BankNifty 25539(+49)
Nifty futures OI went up by +4.7% indicating long positions are being rolled over to January. Technically, Nifty(spot) remains bullish above 10430 levels, near by resistance are 10560 and 10595 respectively.
OI in BankNifty futures declined by -1.2% which indicates long positions are being windup as BankNifty(spot) struggles at higher levels. Technically, BankNifty(spot) has stuck in the range of 25400-25700, any break in this range would set the short term trend.