Author: Blitz

Through a variety of technical indicators, the Indian futures market provides savvy traders with insightful information. Of them, Open Interest (OI) surge analysis stands out as being very important. Noticeable spikes in open positions could signal something that experienced traders can work towards. Changes in open interest indicate changes in the total number of contracts still being traded and help signify the market’s current mood, likely future prices and market strength. Being familiar with the changes in OI spurts gives traders a better chance of having successful trades in India’s exchange. 1. Understanding the Basic Mechanics: What Actually Creates an…