OI badhne aur ghatne ka price ke saath milkar kya matlab nikalta hai — aur kya nahi
Published by The Retail Trader · AUG 09, 2026 · Features
Akela OI ka number kuch nahi kehta. OI ka change aur price ka change — dono ek saath dekhne par hi usse koi kahani banti hai. Ye chaar combinations har derivatives desk par roz padhe jaate hain.
Open interest wo contracts hain jo abhi tak band nahi hue. Ek naya buyer aur ek naya seller milte hain to OI ek badhta hai. Dono mein se koi apni position band karta hai to OI ghatta hai. Isliye OI participation ka paimana hai, trading ka nahi.
Price aur OI ko saath padho:
• Price upar + OI upar — naya paisa long side par aa raha hai. Isse long build-up kehte hain, aur ye sabse saaf trend continuation ka context hai.
• Price neeche + OI upar — naya paisa short side par aa raha hai. Short build-up. Girawat ke peeche commitment hai.
• Price upar + OI neeche — shorts apni position band kar rahe hain, isliye price upar ja raha hai. Short covering. Ye rally aksar utni tikau nahi hoti kyunki uske peeche nayi buying nahi, purani exit hai.
• Price neeche + OI neeche — longs bahar nikal rahe hain. Long unwinding. Girawat ke peeche nayi bearish bet nahi, thak kar nikalte log hain.
Short covering wali rally tez hoti hai aur achanak ruk jaati hai — kyunki jaise hi shorts nikal jaate hain, kharidne wala koi bacha hi nahi. Agar aap us rally ke aakhri hisse mein andar ghuse, to aapke baad koi nahi aa raha.
Isliye tezi dekh kar entry lene se pehle ek nazar OI par daal lena kaafi kuch bacha leta hai.
Futures ka OI seedha directional commitment dikhata hai. Options ka OI itna seedha nahi hai — ek badi call OI position hedge bhi ho sakti hai, spread ka ek leg bhi, ya income strategy ka hissa bhi. Isliye 'call OI zyada hai matlab bearish' wali seedhi line aksar galat nikalti hai.
OI batata hai ki kitne log ghuse hain, ye nahi ki wo sahi hain. 2020 aur 2008 dono mein girawat se pehle OI record par tha. Bhaari participation ka matlab bhaari confidence hai — aur bhaari confidence hi wo cheez hai jo galat hone par sabse tez unwind hoti hai.
Ye article sirf educational hai — koi buy ya sell recommendation nahi, koi guaranteed return ka daawa nahi, aur koi advisory nahi. Rules, rates aur mechanics exchange, SEBI aur RBI time-time par badalte hain, isliye har number apne broker ya official source par khud verify karo.