Discover and read the best of Twitter Threads about #premarketcapsule

Most recents (4)

Thread 🧵⬇️

Open Interest and how to effectively use open interest for our analysis
1/22
Let us start with understanding what is Open Interest and why traders are obsessed with OI data. What information we can fetch from the data and why analysing it is important?
2/22
Open interest refers to the total outstanding (or open) contracts in a derivative market at any given time. The quantitative value shows the total number of contracts in the market that have yet to be liquidated.
3/22
Read 24 tweets
#PreMarketCapsule |26th September, Monday | Edition: 43

In the document ⬇️
1. #Nifty Range and Breadth
2. #Banknifty range and Breadth
3. #Sector Breadth
4. #FII Derivative Activity
5. #Summary of the analysis Image
1. Demand Zone 17415 to 17250
2. Initiate short below 17250 only
3. Price trading below TMA is bearish
4. Pullback towards TMA and getting red brick is a good place to go short
#Nifty #nifty50 #NIFTYFUT Image
Read 11 tweets
#PreMarketCapsule | 6th September, Tuesday | Edition: 35

In the thread⬇️
1. #Nifty Range and Breadth
2. #Banknifty range and Breadth
3. #Sector Breadth
4. #FII Derivative Activity
5. #Summary of the analysis
1. Price trading above TMA is bullish
2. Broke out of recent consolidation
3. Near resistance is 18000
4. Support is 17500
#Nifty #nifty50 #NIFTYFUT
Read 11 tweets
#PreMarketCapsule | 5th September, Monday | Edition: 34

In the document ⬇️
1. #Nifty Range and Breadth
2. #Banknifty range and Breadth
3. #Sector Breadth
4. #FII Derivative Activity
5. #Summary of the analysis
1. The marked zone in 'Green' is Demand Zone for Nifty
2. Price has traded there for more time than expected near the Demand Zone
3. Price trading near the demand zone is a negative sign and may have weakened the zone

#Nifty #nifty50 #NIFTYFUT
Read 10 tweets

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