Open Interest can be a valuable tool in identifying potential support and resistance levels. High OI at a particular strike price often signifies that there are significant positions at that…
In major indices like Nifty or Bank Nifty, high Open Interest can indicate strong market interest and liquidity. A surge in OI in Nifty options, for example, can highlight key…
In commodity markets, the relationship between Open Interest and price movement is similarly indicative of trend strength. For example: Rising OI and rising price indicates growing bullish sentiment. Rising OI…
