BANKNIFTY Advances: 8 - Declines: 6   (Index : 51661.45,  Today Open : 51927.30, Day Change% : -0.52, Range : 709.4)

BANKNIFTY Movers Futures Analysis

Symbol LTP/Chng Pre.CLose Open High Low OI Chng Trnd
BANKNIFTY 51594.0(-161.1) 51755.10 51821.00 51821.00 51273.50 -1,25,295 LONG UNWINDING
BANKNIFTY-Next-Mon 51739.95(-164.5) 51904.45 51910.00 51966.35 51470.00 16,470 SHORT BUILD UP
BANKNIFTY-Far-Mon 51973.1(-187.1) 52160.20 52219.95 52219.95 51730.10 -825 LONG UNWINDING
KOTAKBANK-I 1768.65(2.1) 1766.55 1765.10 1785.10 1748.45 24,15,200 LONG BUILD UP
ICICIBANK-I 1155.6(1.1) 1154.50 1159.30 1163.45 1147.05 1,07,17,000 LONG BUILD UP
INDUSINDBK-I 1524.1(-2.2) 1526.30 1527.05 1537.55 1515.60 74,500 SHORT BUILD UP
AXISBANK-I 1235.8(-3.05) 1238.85 1241.10 1243.75 1226.50 -4,43,750 LONG UNWINDING
HDFCBANK-I 1661.2(-8.05) 1669.25 1668.05 1672.00 1645.50 -16,29,650 LONG UNWINDING
SBIN-I 835.0(-10.85) 845.85 844.55 848.45 829.15 13,47,000 SHORT BUILD UP

LONG BUILDUP => Increase in price with increase in OI . It means people are taking positions assuming price will go up.
LONG UNWINDING => Fall in price with fall in OI. This shows Long positions are now getting exhausted and people are starting to book profits , assuming rally is about to over.
SHORT BUILDUP => Fall in price with increase in OI. It means people are taking short positions , assuming price will go down.
SHORT COVERING => Increase in price with fall in OI. Short positions are getting decreased and people are booking profits and expecting reversal.

Warning! Data is Not Realtime. Data is delayed. Use only for educational purpose. Realtime Trading is not recommended with this data.