HOW TO DO OPEN INTEREST OI ANALYSIS||MAKE PROFIT BY USING OPEN INTEREST CHART|| @tradingsecrets3577 #openinterestanalysis #openinterest
Open Interest defines the total number of open or outstanding contracts presently held by the market participant at a given time. Open Interest analysis helps in the identification of stock market trends.
In simple language, open interest analysis helps a trader to understand the market scenario by only showing a number of futures contracts that have been changed hand during the market hours. Open Interest analysis is mostly used by the Future and options contract traders. Open Interest data changes day by day depending on the outstanding contracts.
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