# Open interest scanner **URL:** https://tradingqna.com/t/open-interest-scanner/28084 **Category:** Zerodha platforms **Created:** [December 7, 2017, 9:53am UTC](https://tradingqna.com/t/open-interest-scanner/28084 "2017-12-07T09:53:58Z") **Posts on this page:** 1 **Showing post:** 2
### Author: ![portfolioplus911](https://tradingqna.com/user_avatar/tradingqna.com/portfolioplus911/32/513_2.png) [@portfolioplus911](https://tradingqna.com/u/portfolioplus911) #### Post date: [December 7, 2017, 11:26am UTC](https://tradingqna.com/t/open-interest-scanner/28084/2 "2017-12-07T11:26:55Z")
> [@SHAKTI\_KUMAR](#): > > Plz suggest me how to watch live open interest increase or decrease in Zerodha pi software. The Tradescript language on Zerodha Pi does not support OPEN INTEREST function. On Pi the only way, is to manually monitor the OI change on the Market Watch. As you get more experience dissecting open interest data, you will find that this post from nithin has in-depth implications for daytraders on how OI data is settled by the exchanges in India. > [@Is the live open interest(OI) data being provided by exchanges correct?](https://tradingqna.com/t/is-the-live-open-interest-oi-data-being-provided-by-exchanges-correct/7208/2): > > Yes, the live open interest (OI) data streamed by exchanges is correct, but I don’t think it is a smart move to use the intraday OI data as part of your trading strategy. This is because of how institutional trades are settled. Below is the reason why Institutional clients use trading members to execute their orders and use the services of a clearing member (CM) to clear and settle the trades. So it means Broker executes the order and the Clearing member of the client has to confirm the order … --- _[View the full topic](https://tradingqna.com/t/open-interest-scanner/28084)._