Trading Strategy
Trading Strategy
TREND | 01 Sep 2017
Religare
Nifty futures have rolled around 58% vs 68% with respect to last month, and the Open Interest for the new September contract is lower by around 7lkh implying cautious outlook or profit booking at 10000-10100 levels. BankNifty futures have rolled at around 68% vs 76% compared to last month. However the Open Interest of BankNifty futures in this September series is also less by around 8lkh, implying long unwinding.
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