Marico FuturesThe daily chart of Marico does indicate a bearish breakdown, but it would be wise to wait for a confirmation candle.
The candles have breached the manual bullish trend and has broken the support of 200 EMA but as mentioned above, it is advisable to wait for the confirmation candle.
My strategy woul
Short Term BullishBought one lot of September Futures
Entry Price- 521.45
Target- 550
SL- 512
Lot Size- 2000
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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 MARICO FUTURES is 637.25 INR — it has risen 0.55% in the past 24 hours. Watch MARICO FUTURES price in more detail on the chart.
The volume of MARICO FUTURES is 303.60 K. Track more important stats on the MARICO FUTURES chart.
Open interest is the number of contracts held by traders in active positions — they're not closed or expired. For MARICO FUTURES this number is 18.22 M. You can use it to track a prevailing market trend and adjust your own strategy: declining open interest for MARICO 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 MARICO 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 MARICO FUTURES technicals for a more comprehensive analysis.