📍Trending Oi - Banknifty🗓 28 Jan 2025
Trending OI provides an edge in identifying Trending days in the market and allows users to follow the trend until it bends. ✨
Key Insights:
A gradual increase in Put OI and falling or stable Call OI indicates a bullish sentiment in the market. A steady increase in the difference in OI indicates a strong trending market on the upside.
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Enhanced decoding:- A day high/low highlighter in price and OI simplifies decoding data in a simple manner. A day high break or day low break in price indicates the market is making a new high for the day. This works similarly for a bearish market as well.
- A day high/low highlighter in OI indicates market participants sentiment.
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Deep insights:
- A continuous day high break in OI along with price indicates a strong bullish trending market.
- A continuous day low break in OI along with price indicates a strong bearish trending market.
- Including positional data helps identifying continuity of trend or trend reversals with a click of a button.
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Decoding made simple:
Enabling graphical view allows users study data in a simplified graphical view. No more number crunching required as you can simply view the graph and understand the market sentiment.
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Pro TipMarkets tend to make new highs/lows every 30-60 minutes on strong trending days. Trending OI is the right tool to identify strong trending days and ride the trend.
www.oipulse.com