hi renu i came across ur blog recently and am following it for last two days. how should one trade in this market on short side...specially since we had two down days while the main trend is unclear at this stage.thank you in advance and regards..needless to say i found your analysis very logical. manoj
hi renu...from where on nse site can we get these OI charts..any link... one more doubt is if OI increases why does it indicate shorts are building up..i read it indicates money is entering thr short sellers and new contracts are being opened which are sold first (so shorts)...why cant one have a contarian view where calls might also are opened to take adv of a bounce ..so OI cld be increasing...
shaq ji, you can get OI chart here www.nseindia.com...> F&O...> charting....> single contract chart.
manoj ji,all indicators are showing that we are oversold so i am expect a bounce today,also i am looking at breakdown of upward moving trendline which stands at 4200 for today and breakdown of which would indicate termination of uptrend for me.
Hi renu
ReplyDeleteNice analysis, this is another angle to correlate bearishness. Thank you :)
hi renu
ReplyDeletei came across ur blog recently and am following it for last two days. how should one trade in this market on short side...specially since we had two down days while the main trend is unclear at this stage.thank you in advance and regards..needless to say i found your analysis very logical.
manoj
hi renu...from where on nse site can we get these OI charts..any link...
ReplyDeleteone more doubt is if OI increases why does it indicate shorts are building up..i read it indicates money is entering thr short sellers and new contracts are being opened which are sold first (so shorts)...why cant one have a contarian view where calls might also are opened to take adv of a bounce ..so OI cld be increasing...
Thanks doji
ReplyDeleteshaq ji, you can get OI chart here
www.nseindia.com...> F&O...> charting....> single contract chart.
manoj ji,all indicators are showing that we are oversold so i am expect a bounce today,also i am looking at breakdown of upward moving trendline which stands at 4200 for today and breakdown of which would indicate termination of uptrend for me.
Renu, that's a good work on open interest.
ReplyDeleteOn the lighter side, if everyone has a ji after his / her name then Doji will become Dojiji !!! :D
Nice blog Renu, keep it up!
Thanks,
ss :)
ss ji :)
ReplyDeleteThanks for words of encouragment and it really feels nice to know that senior like you visit my blog.