FlAGMCX fut made flag n pole pattern on daily/charts with negative OI suggesting short covering.
Risk:Reward = 1:2.5
Could b 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 MCX FUTURES is 6,348.15 INR — it has fallen −0.21% in the past 24 hours. Watch MCX FUTURES price in more detail on the chart.
The volume of MCX FUTURES is 550.60 K. Track more important stats on the MCX FUTURES chart.
Open interest is the number of contracts held by traders in active positions — they're not closed or expired. For MCX FUTURES this number is 766.50 K. You can use it to track a prevailing market trend and adjust your own strategy: declining open interest for MCX 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 MCX FUTURES. Today its technical rating is neutral, but remember that market conditions change all the time, so it's always crucial to do your own research. See more of MCX FUTURES technicals for a more comprehensive analysis.