Stocks To Keep A Close Eye On

[absolute.zero]

Price - Open Interest - Interpretation


Rising - Rising - Market is Strong

Rising - Falling - Market is Weakening


Falling - Rising - Market is Weak


Falling - Falling - Market is Strengthening

 

[ganesh13]

More confusion now !!!

Price may increase with increase in OI.
Price may increase with decrease in OI.
Price may decrease with increase in OI.
Price may decrease with decrease in OI.

Kaha fas gaya yaar ???

Help !!!

http://www.traderji.com/technical-analysis/227-understanding-volume-open-interest.html

 

[rajesh.sadhanala]

Decrease in Open Interest with increase in price could mean short covering.

SBIN has fallen from 3300 to 2700 very quickly. Lot of shorts still outstanding.

Shorts can be different timings.. A person who has shorted from 3300, his stop must be long way.. We must be sure on wat time range are we trading, this is very important for entry and exits..
What we had today is just a small relief rally after being beaten down heavily

 

[deep001]

Hi All

I have missed SG sir's PA post, kindly let me knw its in which page so that can understand and try to follow the same.. pl pl helpp

Any oneeeeeee

 

[gauharjk]

Anyone planning to go to Greece for December holidays...?

Hundreds of protesters clashed with riot police across central Athens on Wednesday, smashing cars and hurling gasoline bombs during a nationwide labour protest against the government's latest austerity measures. The former Minister for Development Kostis Hatzidakis was attacked by protesters outside a luxury hotel. He was escorted, bleeding from the scene as his attackers yelled "thieves" at him.

http://www.youtube.com/watch?v=AuJZdWTiaJM&feature=player_embedded#

Hi All

I have missed SG sir's PA post, kindly let me knw its in which page so that can understand and try to follow the same.. pl pl helpp

There is no single PA post. Its all distributed...

 

[enygma]

Looking at OI of options to figure out where markets are going can make you employable as the resident F&O expert of the TV channels but not a good trader ! Keep the inputs to your trading system as simple as possible, follow and believe the system once you have back-tested it and manage your trades well - that is all that is really required. The more things you look at, there would just be paralysis and the trade would be gone by ...

Option strike prices are good places to be careful about when in trade but that is about it.

 

[praveen taneja]

More confusion now !!!

Price may increase with increase in OI.
Price may increase with decrease in OI.
Price may decrease with increase in OI.
Price may decrease with decrease in OI.

Kaha fas gaya yaar ???

Help !!!

:rofl::rofl::rofl::rofl::rofl::rofl:
Thats why savant bro says I never see OI etc just see price movement

 

[beegee]

A newbie query for Mr SG

I have read that futures and options are derived from the main stock or index - hence the name derivatives.

Then why do we see futures and options data to see where market can go, can't we just see actual Nifty or stock to understand? Dont these derivatives depend on main symbol for their moves???

Best,
B.G Maxine

 

[SavantGarde]

By virtue of the same reasoning....

Prices of the shares are derived from the performance of the Companies Listed ...therefore to trade I should go and sit with the CEO & CFO at their office...right

SavantGarde

A newbie query for Mr SG

I have read that futures and options are derived from the main stock or index - hence the name derivatives.

Then why do we see futures and options data to see where market can go, can't we just see actual Nifty or stock to understand? Dont these derivatives depend on main symbol for their moves???

Best,
B.G Maxine

 

[beegee]

By virtue of the same reasoning....

Prices of the shares are derived from the performance of the Companies Listed ...therefore to trade I should go and sit with the CEO & CFO at their office...right

SavantGarde

Satyam !

BTW - How can one even know if stated performance is even legit if audits are also cooked?

Best,
B.G Maxine