Intraday + PositionalCanfinhome fut broke out of flag pattern on daily charts with decrease in OI suggesting shortcovering.
Risk:Reward = 1:3
Could be bought with mentioned stoploss & target.
My view on CanfinhomesCanfinhome Future forming inverse Head & Shoulder Pattern.
Looking tgt 590++ in very short term
Keeping on radar Canfinhome 580 CE
CANFINHOME may be BEARISH on Monday 13th Sep 2021 this week...
As per my analysis and thoughts i think this stock futures will be in BBEARISH mode on Monday 13th Sep 2021 all this weekend.
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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 CANFINHOME FUTURES is 853.60 INR — it has fallen −1.24% in the past 24 hours. Watch CANFINHOME FUTURES price in more detail on the chart.
Track more important stats on the CANFINHOME FUTURES chart.
The nearest expiration date for CANFINHOME FUTURES is Jan 30, 2025.
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 CANFINHOME FUTURES before Jan 30, 2025.
Open interest is the number of contracts held by traders in active positions — they're not closed or expired. For CANFINHOME FUTURES this number is 0.00. You can use it to track a prevailing market trend and adjust your own strategy: declining open interest for CANFINHOME 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 CANFINHOME FUTURES. Today its technical rating is strong buy, but remember that market conditions change all the time, so it's always crucial to do your own research. See more of CANFINHOME FUTURES technicals for a more comprehensive analysis.