ScannersStrategies

Long Unwinding in BankNifty Options

This scanner will scan for BankNifty Weekly Option contracts where the 5 period exponential moving average has been falling for last five candles for: Volume, Open Interest and Price, indicating a long unwinding.

Universe

BankNifty Weekly

Time Frame

1 Day

Conditions

Period max(5, OI MA(exponential,5,0) - OI MA(exponential,5,-1) ) lower than 0.0 and Period max(5, EMA(volume, 5, 0) - EMA(volume, 5, -1) ) lower than 0.0 and Period max(5, EMA(close, 5, 0) - EMA(close, 5, -1) ) lower than 0.0

stocks