A new analysis for Trading Nifty Future, traders must know what is relation between open interest and trading volume. Today I will explain this with a tutorial, now for open interest you can refer to open interest article. Once you are clear with open interest we will continue with its relation to trading volume.
How is volume important?
Now according to Dow Theory, when ever markets start to build up trends volume is highly watched as it directly reflects traders (speculators) and investors participation in the market. This move continues till we see fading of the current trend or when there is some unexpected change in fundamentals. In technical analysis trading volume always precedes price of underlying, so looking at these volumes one can predict that trend is weakening and may reverse. For trading with volume you must always remember these points:
- When volume is high – Trend is likely to continue.
- When volume is low – Trend may reverse / Pullback.
Now let me show you how you can relate trading volume, open interest and price action. For this you need to have your concept of open interest clear.
Follow the cheat sheet to get clear idea of open interest, volume and price action:
| Volume | Open Interest | Price Action | Conclusion |
| Rising | Rising | Rising | Strong Market |
| Falling | Falling | Rising | Market Loosing Strength |
| Rising | Rising | Falling | Weak Market |
| Falling | Falling | Falling | Market Gaining Strength |
About 
Thank you sir,….but, where can i get all this Nifty fut: data…?
Sir, for nifty future price action and volume you can see it on eod charts. But for open interest you need to go manually to nse website. I am also working on data source to prepare a EXCEL sheet that will display this data together.
Regards,
Bhaveek Patel
Bhaveek you are working on excel sheet, can you share it once it is done. I am keen to know open interest on single page.
IF ANYONE IS INTERESTED IN EXCEL BASED TRADING SOFTWARE U CAN MAIL ME.
Dear Sir,
Kindly send me Excel based trading Software om my email id [email protected]
Nadeem sir, mail has already been sent kindly check.
Regards,
OurNifty.com Support Team.
Dear Bhaveek,
Could you please send me the excel trading software to me as well.
Thanks in advance.
Regards
Karuna
Sir, good to see an Excel based trading software.
Can you share the same with me on my G Ma il ID
[email protected] m a il.com
Many Thanks,
Sunil.
hi bhavik sir can i get the open interest data u prepared in exel shit please
Kindly send me the excel based trading software to my email id as mentioned.
Once again thanks for your support !!!!
sir
I want exel based trading software so kindly send me on my email.
thanks
kindly mail me
Dear Mr. Vasan,
please send me the Excel based trading software.
I need Excel Base Trading Software
Sir, good to see an Excel based trading software.
Can you share the same with me on my G Ma il ID
Many Thanks,
alok Jain
Plz send excel based in my mail
[email protected]
yes interested,
Can you share the same with me on my Gmail Id
[email protected]
Many Thanks,
Sachin
.
Please share the link
at what percentage level can we confirm …long unwinding…long build up…..short covering….short build up
Hi Parag, Change in open interest is mostly seen when stock / index trades around a support resistance level or when it is ready for a breakout. At such levels if you see much bigger change in open interest then that can confirm you of a direction using volumes open interest and trend correlation. I don’t see percentage level helps to do so.
Let me share an example: If nifty is trading up today, open interest also up and volumes in market also up, then we conclude that long positions were added to nifty future. It has noting to do if open interest jumps 5% or 10% or 20%. But higher the open interest we say more traders are taking long side positions in nifty future.
Parag let me know if you need any help from me.
Dear Sir,
kindly request how to see openinterest for nifty future and option trading and Kindly send me Excel based trading Software om my email id
thankyou.
Sir, I want watch price volume and open interest of stock. Where I can see these online at market hours. Is these are in your excel sheet, If yes please send me in my email. I am intraday trader. Thanks
Plz mail me the excel file .
Kindly send me Excel based trading Software om my email id
Please send me excel base trading software
Sir,
Pl send me the excel sheet and further inputs on how to trade futures by openinterest , volume and price action
Kindly send me Excel based trading Software om my email id….
Kindly send me excel based trading software
Thanks and regards,
Jey
dear sir,
can u send me excel based trading software .
thanks
akshay
Sir, Please send me excel base trading software
Dear Bhaveek,
Could you please send me the excel trading software to me as well.
Thanks in advance.
Sir, kindly send me excel based trading software to my mail id to see open interest in single sheet
Kindly please email me excel based trading software to my mail id to see open interest. Thanks
Dear Bhaveek Patel,
I have a query, this is understood that if along with OI and Vol increases, market is Bullish.
My question is, what if (OI of Put) increases along with (Call Price) but volume of both (Call and Put) are on a decline?
What i want to say is, there is a traditional interpretation of OI, that OI and Vol are always in sync. What if its not.
Kindly enlighten me.
Sir, kindly send the excel to my email id.. [email protected]
Bhavin sir, pls send me excel based trading software
in cheat sheet generically its mentioned as OI , volume,etc..but could you elaborate with OI ( call & put) , volume ( call & put) increase & decrease details.
Please send me excel sheet for open interest and your excel based trading software .I am a trader in options.
Sir, kindly send the excel to my email id.. [email protected]
Respected Sir,
I also need the excel trading software, please send me. I’ll get a ray of hope in stock market, if it works for me.
Kindly send me to my mail id [email protected]
Thanks and Regards,
Partha
Dear Bhavik SIr,
Good Day!!!
Pls send me the excel based trading sheet. Jeyvent (at ) g m a i l ( dot ) c o m
Thank you in advance
Regards,
Jayawant
Dear Sir,
please email the excel sheet software.my email address is [email protected]
Thx
Rgds
Dear sir, I humbly request you to send the OI and VOL combined excel sheet which you made to my email ID at [email protected]
Hello Sir,
Please share the Excel Nifty future analysis with volume and open interest at my email-id.
kindly mail me sir your excelsheet its help me.
please share excel sheet shoeing live oi
rgds
gps dhir
i want your excel made open interest software on my email id –