Technical gyan with marwadi -
Open Interest (OI) Analysis: In options trading, open interest is a key indicator of market sentiment. For Bank Nifty, if you see a rise in price with an increase in open interest, it often indicates a strong bullish trend as more traders are taking long positions. Conversely, a price drop with rising open interest suggests a bearish trend, as more traders are taking short positions. Watching OI changes at critical strike levels, especially around support and resistance zones, can provide insights into potential price movements.
Open Interest (OI) Analysis: In options trading, open interest is a key indicator of market sentiment. For Bank Nifty, if you see a rise in price with an increase in open interest, it often indicates a strong bullish trend as more traders are taking long positions. Conversely, a price drop with rising open interest suggests a bearish trend, as more traders are taking short positions. Watching OI changes at critical strike levels, especially around support and resistance zones, can provide insights into potential price movements.