How to use open interest data to arrive at my entry and exit points

[nithin]

@curiousvi

How to use open interest data to decide entry and exit points during day trading? @Sensibull @Streak @portfolioplus911 @siva @Bhuvanesh @shub

Can you read this once

Is the live open interest(OI) data being provided by exchanges correct?

Everyday the open interest streamed by the exchanges at 3.29 pm to the end of data released at 4.30 pm has a huge variance (sometimes over 40%). Am I missing something? Does it make sense to track the live OI and use it as part of trading strategy?