Nifty futures open Interest(combined three months) declined by -2% as shorts got covered at lower levels. Nifty(spot) bounced after testing its last weeks lows, it settled above 11000 levels if holds above then it can bounce till 11140-11170 levels.
OI in BankNifty decreased by -10.7% indicating wind up of short positions. BankNifty(spot) bounced from its lows, if continue to hold above 24950 then it may move towards 25600-25650 levels.
Nifty futures open Interest (combined three months) increased by +2.7% indicating addition of long positions. Nifty(spot) managed to hold above 11000 levels amidst volatility, if continue to stay above then it can bounce towards 11140-11170 levels.
OI in BankNifty declined by -9.2% as shorts got covered ahead of expiry. BankNifty(spot) may bounce back till 25600-25650, trend may change to negative only on a close below 24950.
Nifty futures open Interest increased by +8.4% as shorts are being rolled over to October contract. Nifty(spot) failed to hold above 11000 levels, may weaken further to re-test its recent lows of 10850-10880 levels.
OI in BankNifty went up by +9% indicating addition of fresh short positions. BankNifty(spot) may weaken if breaks and stays below 24950 levels.
Nifty futures open Interest stayed almost flat in the last session as no significant positions got added. Technically, Nifty(spot) had formed a support level of 10850 and next major trend would set on a close out its recent range of range of 10850-11050.
OI in BankNifty went up by a huge +17.3% indicating addition of fresh longs. In the last session BankNifty(spot) held above its support of 24950-24900 levels, if continue to hold above then it can bounce towards 25500-25600 levels.
Nifty futures open Interest declined by -3% indicating wind up of short positions. Nifty(spot) continued to stay above its support of 10850 levels may test its resistance of 11070 and 11130 levels.
OI in BankNifty went by a huge +17.8% as longs got added. BankNifty(spot) managed to hold above 24950 levels amidst volatility, may move towards 25600 and 25750 levels.
Nifty futures open Interest increased by +4.8% indicating addition of fresh short positions. Nifty(spot) closed near to its lower part of its recent trading range of 10850-11050, it may weaken further if breaks and stay below 10850 may move towards 10790-10730 levels.
OI inBankNifty went up by +2% as fresh shorts got added. BankNifty(spot) continued to stay above its support of 24950-24900 levels, has to break the range of 24900-25400 for the next trend.
Nifty futures open Interest went up by a huge +10.2% as Shorts got added. Nifty(spot) would stay weak below 10850 levels may move towards it next support of 10530-10480 levels.
OI in BankNifty declined by -13.5% as longs that were created at the beginning of October contract got wind up. BankNifty(spot) would stay weak below 25000 levels may head towards 24500 levels.
Nifty futures open Interest increased further by +8.5% as Shorts continued to get added. Nifty(spot) had weakened further and entered into a panic mode with Rupee in a free fall, next support for Nifty would be 10230 and 10170.
OI in BankNifty declined by -8% as Longs that was created around 25000 levels got wind up. BankNifty(spot) would stay weak below 25000 levels may test its support of 24150-24000 levels.
Nifty futures open Interest remained almost flat for the day indicating no significant addition of fresh positions. Nifty(spot) had a wild swing in the last session, it has to hold above 10290 for a bounce back towards 10460-10490.
OI in BankNifty declined by -4.2% as Shorts got covered at lower levels. BankNifty(spot) got support around 24250 levels in the last two sessions, if manages to hold above this level then bounce back towards 24850-24950 is expected.
Nifty futures open Interest decreased by -3.9% indicating wind up of Long positions. Nifty(spot) failed to break above 10400 levels in the last session, if breaks and holds below 10290 then it can move towards 10170 levels.
OI in BankNifty declined by -7.2% as Longs got wind up. BankNifty(spot) if breaks below 24400 then it can re-test its recent lows of 24250.
