MyFnO specializes in F&O data / indicators and it is for a reason.
These parameters add that extra edge into chart reading and can signal important trigger points for a trend change
the definitions of F&O indicators we’ve already laid out in our post on our post–>
F&O data … the basic fundas
and how best to make use of these F&O indicators is best laid out with some examples in our one-page pic –> ‘selfie’ explainatory 🙂
( click image below to zoom into image –> )
you can see all these parameters combined in the ‘charts’ module also –>
OR
you can also see them one by one overlayed in the ‘trends’ module–>
GOOD STUDY
Thanks for appreciating. It just encourages to write more like these 🙂 so more coming soon
Smart study
Hi sir…is there any training programme.
I am new to fno and have basic knowledge of OI and PCR but want to upgrademyself so that i. an use Fno for my swing trading
Very good information
RELCAPITAL already up almost 3% from here near 550 🙂 a profit of 10K on 1 lot
dont know how effective it is, as NSEINDIA updates open interest every 3 minutes (correct me if i am wrong). so if you use these kind of studies in first or last 10-15mins to get the edge, you get the picture which is running 3 minutes late. in fact for BTST/STBT its even riskier to take positions. the concept is good and used where open interest is updated on RT basis just like in mcx or other foreign exchanges!
also, irrespective of time during trading hours, multiple position adjustments in fno/cash along with cross exchange trades take place. so i was wondering the viability of this study!
please clear my doubts & confusion and help in this regard!
Nse updates open interest 3 minutes right … but what we need to look out for are spikes in price and volume… as for oi you should generally lookout for a rising or falling trend and it’s relative levels during that session which helps in confirming a long or short buildup.
Also no concept is full proof and you must use your discretion in taking a call. Best is to paper trade with these fundas for some data and fine tune your own timings and strategies until you’re confident yourself 🙂
Good work
Thanks a lot
Hi Anuraag,
Good research, keep going.May God bless you with more knowledge.
thanks a lot for your wishes 🙂
Joined back myfno after a span of 6 months…you data provided is awesome and the blog is a great study..must say i have made some money after i joined myfno thank you Anuraag
Thank you so much.. so very nice to hear this .. thanks once again 🙂
very good work and i am very much happy to see pair trade
Good wok . helpful for tacking a call in F& N O
thanks a lot … always encourages us 🙂