What is the role of open interest in F&O and their impact.
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What is the role of open interest in F&O and their impact.
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Open interest means the Open position at a certain level
For example it Nifty 18000 has open interest of 20lakh it means 20 lakh nifty position are open and yet to be settled and higher open interest show people interest at particular level it act as a make or break level in F&o data