Positional Breakouts with Price OI Percentile (Tamil)
Breakout traders in Nifty, BankNifty and F&O stocks face failed breakouts, stocks that do not move, and trades taken only because Nifty moved. This lesson explains how combining price with open interest helps, since moves backed by fresh open interest are more likely to hold.
It covers price percentile and then Quantsapp's Price OI Percentile tool, with the thresholds discussed in the video: price percentile above 80 with OI percentile above 80 for a possible breakout, and below 20 with OI percentile above 80 for a possible breakdown. It closes with stop-loss and trailing stops for managing these trades.
What you’ll learn
Read and practise
5+ years of market experience, mentored several people in options trading. Sound understanding of the concept of demand and supply zones using option strategies.
All 130 videos by Vigneshwar →