📍 Index: Banknifty
🗓 27 May 2024

🚨 Big Oi Movement showing a positive sentiment in the Banknifty, Specifically all the ITM, OTM, and ATM positions on the CE side showed a short covering & long build up, while the PE side showed a short buildup from 10 AM.

⚡️ The trending OI shows a positive sentiment and a significant jump in Put OI compared to call OI. implying that the mood is positive after 9.30 am

📈 With the majority of the evidence pointing to a positive mood Banknifty rallied more than 500 points.

*DISCLAIMER: These posts are intended to help users decode Oi data better. These are not a buy/sell recommendation.

🔥 Feel the Pulse of our Markets Using Oi Pulse

📍 Stock: PERSISTENT
🗓 27 May 2024

📊 The Futures Oi analysis showed a long buildup & short covering from the day's opening which is a positive sentiment.

⛅️ Bullish attitude is indicated by the EOD Oi analyzer, which shows a Short Covering on 23 may with a change in LTP of 1.94% and on 24 may which had a long unwinding with only -0.61 % change in LTP indicating bulls in control.

🚀 PERSISTENT broken above its 15-day high and is setting new higher high for the day, spotted by market movers  feature.

📈 With all of the positive data signals, PERSISTENT rallied more than 3% after breaking its previous days high.

*DISCLAIMER: These posts are intended to help users decode Oi data better. These are not a buy/sell recommendation.

🔥 Feel the Pulse of our Markets Using Oi Pulse