*-.Jun/06/2024-NIFTY FUTURE-CMP(22642.9) is currently in SIDEWAYS trend . Yesterday the trend was VERY STRONG BULL In JUN series Nifty future shed 14.35 lakh position in Open Interest and this accounts to -10.94 % of Total Open Interest in JUN series.The Nifty JUN series is trading at 22.55 Rs premium to Underlying . In derivative cumulatively for all series contract Nifty future net shed 14.44 lakh position in open interest and this accounts to -10.12 % of Total Open Interest in all series and cumulatively trading in average premium of 160.3 Rs to Underlying. The open interest is also not increasing with trend so be carefulAt current price strike the activity is tilted to call side and ratio is still strong The nifty Call and Put option is trading at discount so market is expecting rangebound between 19100 and 19000 Yesterday Nifty Put option has added 1679.1 lakh position and Nifty call option has added 2242.12 lakh position in open interest on cumulative basis Moneyflow wise Nifty Put option has added Rs 0 crore in value and Nifty call option has added Rs 0 crore in value on cumulative basis*