*Jun/05/2024-NIFTY FUTURE-CMP(21908.15) is currently in SIDEWAYS trend . Yesterday the trend was BEAR In Jun series Nifty future added 1.68 lakh position in Open Interest and this accounts to 1.16 % of Total Open Interest in Jun series.The Nifty Jun series is trading at 23.65 Rs premium to Underlying . In derivative cumulatively for all series contract Nifty future net added 5.21 lakh position in open interest and this accounts to 3.32 % of Total Open Interest in all series and cumulatively trading in average premium of 171.38 Rs to Underlying. The open interest is also not increasing with trend so be careful and premium of share is also increasing so sellers be cautiousIn options activity mainly confined to higher calls even though put/call ratio is low At current price strike the activity is tilted to put side but addition of call is slightly increasing at 21900 level The nifty Call and Put option is trading at discount so market is expecting rangebound between 21900 and 21800 Yesterday Nifty Put option has added 1349.84 lakh position and Nifty call option has added 1859.35 lakh position in open interest on cumulative basis Moneyflow wise Nifty Put option has shed Rs -897.52 crore in value and Nifty call option has added Rs 1166.36 crore in value on cumulative basis*