Good Morning Sir, I am watching your blog through regularly. Can you please tell that how the NS Trend is calculated i.e., BULLISH, LONG UNWINDING ETC.
Price Open Interest Interpretation Rising Rising Bullish Rising Falling Short Covering for call/Long unwinding for put Falling Rising Bearish Falling Falling Long Unwinding for call/ Short covering for put
Good Morning Sir,
ReplyDeleteI am watching your blog through regularly. Can you please tell that how the NS Trend is calculated i.e., BULLISH, LONG UNWINDING ETC.
Regards
V.Vijayakumar
Good Morning Vijayakumar,
ReplyDeletePrice Open Interest Interpretation
Rising Rising Bullish
Rising Falling Short Covering for call/Long unwinding for put
Falling Rising Bearish
Falling Falling Long Unwinding for call/ Short covering for put
Hope this helps.
Dear Sir,
DeleteThank you very much for your reply. Whether this can be interpreted in Excel for which any formula is there.
Regards
V.Vijayakumar