BANKNIFTY Advances: 10 - Declines: 4   (Index : 50746.85,  Today Open : 50512.80, Day Change% : 0.47, Range : 474.15)

BANKNIFTY Movers Futures Analysis

Symbol LTP/Chng Pre.CLose Open High Low OI Chng Trnd
BANKNIFTY 50759.1(351.7) 50407.40 50580.00 51030.35 50523.20 50,625 LONG BUILD UP
BANKNIFTY-Next-Mon 51091.45(364.15) 50727.30 50825.00 51335.40 50825.00 54,630 LONG BUILD UP
BANKNIFTY-Far-Mon 51458.8(395.4) 51063.40 51199.00 51665.40 51177.65 1,290 LONG BUILD UP
SBIN-I 801.8(21.85) 779.95 789.00 803.80 783.30 -29,41,500 SHORT COVERING
ICICIBANK-I 1270.85(18.65) 1252.20 1262.10 1280.90 1257.10 -16,29,600 SHORT COVERING
INDUSINDBK-I 990.5(7.45) 983.05 990.45 1000.40 981.95 -1,44,500 SHORT COVERING
KOTAKBANK-I 1743.05(8.35) 1734.70 1734.10 1754.75 1733.25 -2,82,000 SHORT COVERING
HDFCBANK-I 1732.4(-5.5) 1737.90 1741.95 1751.00 1728.55 4,19,650 SHORT BUILD UP
AXISBANK-I 1132.3(-7.45) 1139.75 1139.95 1147.20 1128.80 18,43,125 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.