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Bank Nifty Open Interest – Follow The Smart Traders

Bank Nifty Open Interest

New traders don’t know that the stock market is like politics, what happens in front actually does not happen, and what seems like not happening actually happens. Trading Bank Nifty is a lucrative job for those who can catch it well. Bank Nifty is much more volatile than Nifty and movement of 150-200 points a day is not rare. So if you can catch the move huge money can be earned from the index. But to know exactly what the smart traders are doing you need the correct tool. So let me present you our new page BANK NIFTY OPEN INTEREST.

To know open interest trading well you need to read my last post on Open Interest: My Secret Nifty Open Interest Data Analysis Technique In that post we discussed how to interpret the first image, Open Interest chart. Analyzing open interest we can easily spot the important support and resistances that are actually not visible in naked eye and with technical analysis software. Now we will learn how to analyze open interest increase or decrease for successful trading.

Change In Open Interest

Check the image how today Nifty 8700 PUT has the biggest red bar, that means highest put writing seen in 8700 levels, so smart players and option writers are taking 8700 will not be breached today. The market was trading at 8715 levels and gradually it started moving UP. So no way of shorting in the market, the only strategy will be BUY in dips.

In the same way, if you find that call is making a big bar in a specific strike price you need to understand that resistance is being built up in that strike and you should short sell in rallies. Similarly, you can do bank nifty open interest analysis and trade intraday or positional in the Bank Nifty index. Please add the BANK NIFTY OPEN INTEREST page to your bookmark.

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Naresh Kumar

Sir i have a doubt at what time we have to check this bank nifty open interest and change in open interest. please reply

Naresh Kumar

Sir that is fine but for taking positions intraday at what time it needs to be checked for example 10 or 10.30 like that i am asking


sir if i want to buy bnf option on expiry how exactly how should i approach with OI and implied volatility.I am ready to lose small amount as i know it can give me 10/15 times return. I have earned it too, but i wanted to increase my success ratio with detail study.

raj kumar

Sir based on todays close OI , possibility for put is maximum, while looking at trend finder it says trend is uptrend…. Which one to follow


thank you sir
because of you we can watch opern intrest changes and trade acordingly, sir how to watch BNF open intrest


Sir, how can we know the trend by observing Total COI. Is there have any possiblities for Banknifty trend or to help us any reversal signal.