Comment on Open Interest, MaxPain & Put Call Ratio(PCR)
commented on
07 Sep 2013, 03:57 PM
Dear Team
Currently nifty is at 5680. It has appreciated by 300 pints in last 3 days. Today data shows
nifty index future OI increased by 1.74%
nifty 5700 call -OI increased by 5.37%
nifty 5800 call – OI increased by 4.20 %
nifty 5900 call- OI increased by 0.04%
nifty 6000 call – OI increased by 6.09 %
So what I should infer by OI theory? – nifty won’tpass 5700/5800/5900 or 6000 ,since OI of all respective call have increased!
rgds
Gyan