Retailers late sellers who place sl at visual reference levels are thrown out. Avoid placing sl at same location were retailers place stoploss https://t.co/qctgpFYLnK

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Whether OI works for intraday trading ?

Whether OI useful ?

No one has a exact answer. But one effective way to make use OI in a very different perspective - OUT OF THE BOX from Traditional method

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I do Live Market session every Monday to Friday by 09:00 a.m to 01:00 pm . Also i share important support /resistance levels of Banknifty & Nifty on the Telegram Channel. FOLLOW US @learntotrade365

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This is a EOD OI graph of ICICIBANK. Here i am trying to focus on strike price which has more than 2x OI comparing CE vs PE of individual strikes.

Below 880 strike CE vs PE in which 880 CE has 2x more OI (more writers) compare to 880 pe.

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From the above OI graph of EOD 04/09 NOW refer the chart below of the same ICICIBANK for 05 sep

Main focus is not to take 880 levels as resistance just because of more CE OI. My focus if 880 is easily crossing and closing above it to open a bullish opportunity

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EOD OI graph of Bajaj Auto. Here i am trying to focus on strike price which has more than or equal 2x OI comparing CE vs PE of individual strikes.

Below 4000 strike CE vs PE in which 4000 PE has 2x more OI compare to 4000 CE.

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Twitter is filled with knowledge so let's today focus on few trading related knowledge shared by various traders

A mega thread 🧵on various content related to trading

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Checklist for Option buying thread by ( @asitbaran )

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Trading via spread by @Ronak_Unadkat complied by @AdityaTodmal

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Option strike price selection by @ITRADE191 complied by @AdityaTodmal

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Data points to check as a option sellers by @kapildhama

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