The nearest expiration date for MCX ICOMDEX BULLION INDEX Futures is Dec 24, 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 MCX ICOMDEX BULLION INDEX Futures before Dec 24, 2024.
Open interest is the number of contracts held by traders in active positions — they're not closed or expired. For MCX ICOMDEX BULLION INDEX Futures this number is 43.00. You can use it to track a prevailing market trend and adjust your own strategy: declining open interest for MCX ICOMDEX BULLION INDEX 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 ICOMDEX BULLION INDEX Futures. Today its technical rating is sell, but remember that market conditions change all the time, so it's always crucial to do your own research. See more of MCX ICOMDEX BULLION INDEX Futures technicals for a more comprehensive analysis.