I am a new Stock trading, and just reading and improving my knowledge. This site has many good posts, that one must read.
Anyways, I have a question.
I have heard by reading open interest, we can identify where the particular stock is heading. Down or Up??
1. Is this true?
2. If, Yes, How accurate and reliable is open interest reading?
2.a Does it apply only to FnO contract?
2.a Does it have any impact on cash segment?
3. Can any one give 2-3 example from current Market?
4. Where Can i get latest and updated data of Open interest?
I hope you guys will help.
Thanks,
c
Anyways, I have a question.
I have heard by reading open interest, we can identify where the particular stock is heading. Down or Up??
1. Is this true?
2. If, Yes, How accurate and reliable is open interest reading?
2.a Does it apply only to FnO contract?
2.a Does it have any impact on cash segment?
3. Can any one give 2-3 example from current Market?
4. Where Can i get latest and updated data of Open interest?
I hope you guys will help.
Thanks,
c