OI Pulse Addendum

ADDENDUM
As mentioned earlier, our endeavour is to simplify the complex market analysis for you. Thus
working in this direction we aim to add new features in OI Pulse regularly that would make the
job easier for you.
Latest version of OI Pulse now has a new feature called “MULTIPLE WINDOW”. Let's take a
look at this new feature and how it would enable you to take a trade.
The new feature appears in the menu bar on the left hand side of the home page as shown
below
With this new function you can see four different features of the OI Pulse simultaneously on
one single screen. Thus there is no need to open different tabs simultaneously and switch from
one tab to another to analyse the market.
With this new function feature you can see upto 4 different features of the OI Pulse
simultaneously.
The default screen of Multiple window would look like the picture below
We have kept the system pretty flexible and you can choose what features you want to see
together.
For this just click on the Red button on the top right corner and you would get multiple choices
from the Futures and Options functions of OI Pulse menu bar.
Select one of the features to appear on that particular screen and then do simultaneous
exercise for 4 screens as per your choice or select the default options as such.
Now let’s see how this new feature can enable you to take a trade
Example Date: 22 Sep 2020

Instrument: Bank Nifty Future
A. I chose to see four different features of OI Pulse together namely

1. Futures OI for 15 min time Interval
2. Options OI Analysis for strike 21500 for 5 min Time Interval
3. Options Chain
4. OI Charts for 15 min Time Interval
All the four were for Bank Nifty and in “Live data” mode.
My initial screen looked like this

B. The Futures OI data gave a strong signal for the time interval 13.45-14.00.
During the entire day The Shorts dominated the Futures OI though Longs made some attempt
in between some intervals but they could not sustain the upward momentum. So in the selected
time interval i.e 13.45-14.00 we witnessed a strong Long Liquidation for the first time in the day.
It was a strong Long Liquidation meaning the Longs were panicking ,trying to exit their positions
very fast. Thus OI dropped by around 47 K and price dropped by 118. This was captured by OI
Pulse and was the first signal of a downward movement in the market.
C. Then I was monitoring Options OI of strike 21500 very carefully during the day. During the
time period 13.45 to 14.00 OI Pulse recorded that Put Writers at 21500 were covering their
position Call writers started strengthening their position. Thus there was Short Build up on CALL
side and Short Covering on the PUT side. A strong signal for bearish downmove.
D. On the Options Chain Page I was monitoring the IV levels which was the non conforming
dot for the upcoming trade. As IV on the CALL sides were higher than the IV on the Put side.
This meant that any movement in the downward direction will not yield much premium
appreciation.
E. Lastly now since the probability of downward movement of Future was there I expected
Premium Appreciation of 21500 PE on account of Short Covering rally which may occur. And
what better feature than our OI Chart can tell this. So I referred that feature and it worked
wonders
At 14.00 hours OI Pulse recorded a sharp drop in OI on CALL side, thus a Short Build up and a
Crossover of “X type” just about to happen on the Put side. Now with Futures and Options data
also pointing to further fall in the market there was no iota of doubt that premium of 21500 PE
would rise further and it did from 423 it went to 487 and then making a high of 536.
It was a winning trade decoded by OI Pulse.
Now the best utility of Multiple Window is that I saw all the features together on one screen and
made a decision very quickly to enter the trade.
With the new function you are able to see all the features together and make informed trading
decisions swifty.
This new feature would enable you to take trades more confidently and swiftly. Hope you will
enjoy this new feature.
We shall be coming up with new features regularly to enhance your capabilities.
Thanks
Team OI Pulse

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ADDENDUM

Example Date: 22 Sep 2020

A. I chose to see four different features of OI Pulse together namely

My initial screen looked like this

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