Fake breakout
In this video, you'll learn how to leverage open interest data to identify trigger points for intraday trading. We'll begin by explaining what open interest is, how it differs from volume, and why it’s a crucial indicator for traders. Understanding open interest is fundamental because it reflects the level of activity and interest in a particular contract, which can indicate market sentiment and potential price movements.
Next, we'll dive into analyzing changes in open interest. Discovering how changes in open interest can indicate market sentiment, support and resistance levels, and potential price movements is essential for making informed trading decisions
PGDM in finance, having 5+ experience in Equity, commodities , forex analysis and trading.
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