Nifty 11428(+87) BankNifty 28555(+373)
Nifty futures open Interest went up by +2.3% indicating addition of fresh longs. Nifty(spot) closed above 11400 levels after a gap of few weeks, if happens hold above 11400 then it can gain further strength to move towards 11470-11500 range.
OI in BankNifty stayed flat in the last session as no fresh positions got added. BankNifty(spot) closed above its recent trading range of 27900-28500, on a subsequent stay above 28500 it can move towards 28800-28900 levels.
Nifty futures open Interest went up by +2.3% indicating addition of fresh longs. Nifty(spot) closed above 11400 levels after a gap of few weeks, if happens hold above 11400 then it can gain further strength to move towards 11470-11500 range.
OI in BankNifty stayed flat in the last session as no fresh positions got added. BankNifty(spot) closed above its recent trading range of 27900-28500, on a subsequent stay above 28500 it can move towards 28800-28900 levels.