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.
Displays a symbol's price movements over previous years to identify recurring trends.
A representation of what an asset is worth today and what the market thinks it will be worth in the future.
Frequently Asked Questions
The current price of MCX FUTURES is 6,256.00 INR — it has fallen −2.84% in the past 24 hours. Watch MCX FUTURES price in more detail on the chart.
The volume of MCX FUTURES is 2.40 K. Track more important stats on the MCX FUTURES chart.
The nearest expiration date for MCX FUTURES is Mar 27, 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 MCX FUTURES before Mar 27, 2025.
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 2.70 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.