Futures and Options perspective of stocks
Reliance
Open interest in RELIANCE has gone up with rise in prices. The gain in OI with rise in price indicates that counter saw built up of long positions as prices moved up from lower levels. On the last day of the week, counter saw gain in OI with marginal drop in prices indicating built of short positions and profit booking in the counter at current levels. The counter may show further strength if it sustains above 2200 levels where we may see fresh buying emerging in the counter.
Tata Steel
Open interest in TATASTEEL has gone marginally down with marginal rise in prices. The drop in OI with fall in price indicates counter witnessed short covering of positions at current levels as prices moved up from lower levels thus suggesting strength in the counter. On the last day of the week, counter saw drop in OI with fall in prices indicating liquidation of long position in the counter from current levels thus suggesting uncertainty prevails in the counter. The counter may show strength if it sustains above 850 levels where we may see fresh buying emerging in the counter.
My disclosure is I have investment in both the above stocks but not in Futures but in Cash Market.
How My Technical Analysis eBook Can Transform An Average Investor into A Market Analyst
If you're trying to make money from equity market, you should understand how the market works and not bet on your luck.
Technical analysis and chart pattern can revolutionize your understanding about the market and help you understand when is the right time to get into any stock and what should be your possible target for the stock.
My eBook helps you get equipped to understanding the market from practical point of view which means unlike many other technical analysis books my eBook does not explain all possible technicals and patterns that any student need to know.
In short I have explained technicals that I use when trading and investing in market.
Investing has changed in the last 5 years. It has not changed in terms of process – fundamental analysis is ...
Do you want to learn for some course or you want to learn to trade in the market? 
i have written a exam of NCFM in dealers module . sir i want to learn technical analysis but ...
Hi,
I am a newbie investor and i was looking to learn technical analysis but i saw your e-book looking forward ...
Hi,
I just started reading this book and one immediate feedback is about a correction that is probably needed. The National ...