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Decrease in OI Increase in Price : ACE

for
As on : 18 May 14:00

Decrease in open interest along with an increase in price mostly indicates short covering, except for weak commodities where traders may decide to book profits/cut losses at higher levels. It may also indicate delivery based buying by institutions which pushes up the price and speculators use it to unwind.

Symbol Expiry Date Last Price Chg
(Rs)
Change
%
High
Low
Open
Interest
Decrease
in OI
Decrease
(%)
Vol. Shares
Prev. Volume
%
Change
RBD 31-Jul-13 505.00 1.55 0.31% 505.00
501.55
1 -1 -50.00% 34
33
3.03%
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