One of our client asked a query related to market and we think that this query is genuine and should share to all the clients.
What meaning for following & what action to be taken?
1.Long buildup
2.Long unwinding
3.Short buildup
4.Short covering
Long Build Up
The underlying
asset will be consider as creating Long Build Up when both Price & Open Interest
Goes up. When price goes up with Open Interest,
there is expectation from derivative segment for the stock to go up
further.
Long Unwinding
The underlying
asset will be consider as unwinding the Long Position when both Price & Open Interest
Goes down. When price goes down with Open Interest,
there is expectation from derivative segment for the stock to go down
further.
Short Build Up
The underlying
asset will be consider as Building Short Position when Price goes down & Open Interest
Goes up.
Short Covering
The underlying
asset will be consider as Covering the Short Position when Price goes up & Open Interest
Goes down.
