C O R O M A N D E LCOROMANDEL fut made flag n pole on an hourly charts & comfortably trading above breakout level with decent OI build up suggesting longs.
Could be bought with mentioned stoploss & target.
A representation of what an asset is worth today and what the market thinks it will be worth in the future.
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
The current price of COROMANDEL FUTURES is 1,755.20 INR — it has fallen −1.61% in the past 24 hours. Watch COROMANDEL FUTURES price in more detail on the chart.
The volume of COROMANDEL FUTURES is 623.35 K. Track more important stats on the COROMANDEL FUTURES chart.
The nearest expiration date for COROMANDEL FUTURES is Nov 28, 2024.
Traders prefer to sell futures contracts when they've already made money on the investment, but still have plenty of time left before the expiration date. Thus, many consider it a good option to sell COROMANDEL FUTURES before Nov 28, 2024.
Open interest is the number of contracts held by traders in active positions — they're not closed or expired. For COROMANDEL FUTURES this number is 2.54 M. You can use it to track a prevailing market trend and adjust your own strategy: declining open interest for COROMANDEL FUTURES shows that traders are closing their positions, which means a weakening trend.
Buying or selling futures contracts depends on many factors: season, underlying commodity, your own trading strategy. So mostly it's up to you, but if you look for some certain calculations to take into account, you can study technical analysis for COROMANDEL FUTURES. Today its technical rating is buy, but remember that market conditions change all the time, so it's always crucial to do your own research. See more of COROMANDEL FUTURES technicals for a more comprehensive analysis.