What is Open interest? How can I use it to trade Silver Micro Futures?

Open interest is the number of contracts held by traders in active positions — they're not closed or expired. For Silver Micro Futures this number is 0. You can use it to track a prevailing market trend and adjust your own strategy: declining open interest for Silver Micro Futures shows that traders are closing their positions, which means a weakening trend.

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SILVERMICM2021

Silver Micro Futures

Overview

News Ideas Forward curve

Silver Micro Futures chart

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MCX provides data to our registered users only, so to get it you'll need to sign up for a TradingView account.

Contract highlights

Volume

—

Open interest

—

Contract size

1KGM

Month

Jun 2021

Settlement day

Jun 30, 2021

Ideas

Silver MCX Future Weekly Technical Chart Analysis for 15-19 Apri Silver MCX 29 May Future Technical Chart Analysis 📊 Range Point: 82813 📈 Weekly Range: 5398 🎯 Buy Above: 84064 🎯 Average At: 83427 🎯 Buy Target 1: 86149 🎯 Buy Target 2: 88211 🛑 Buyer Stoploss: 82265 📉 Sale Below: 82790 🎯 Sale Target 1: 79477 🎯 Sale Target 2: 77415 🛑 Seller Stoploss: 84589 Don't

by tradingmarcos

📊 SILVER 29 APR WEEKLY CHART FUT LEVELS FOR 8-12 APRIL 📊 SILVER 29 APR WEEKLY FUT LEVELS 🎯 Weekly Range: 6020.00 📉 Buy at: 78730.36 🎯 Buy Target 1: 84583.36 🎯 Buy Target 2: 86883.00 📉 Average Position: 78020.00 🛑 Buyer Stoploss: 76723.69 📉 Sell at: 77309.64 🎯 Sell Target 1: 77142.64 🎯 Sell Target 2: 74843.00 🛑 Seller Stoploss: 79316.31

by tradingmarcos

Silver Shines Bright: Riding High Towards ₹1 Lakh Amidst Strong Technical Indicators and Outlook: Technical indicators suggest a strong momentum for silver, backed by positive Chinese service PMI data and a closely correlated movement with gold prices. The gold-silver ratio also offers insights into future price movements, making silver an attractive option fo

Long

by rajeshtatineni85

#SILVER #Silver has given multi week consolidation breakout on MCX, there is high probability of it going toward that much awaited 6 digits mark very soon. The breakout also looks very health as it has consolidated well enough for quite some time near ATH resistance. RSI has also broken out of a particular

Long

by aktradelearning

Can we expect Silver Micro to 86950?Looks like Silver Micro is moving towards 86950, lets see if that happens

Long

by udhaya0000

Updated

Silver : Consolidation Silver May consolidate Between 79000-82860. Ready to buy on dips

by maneeshaggarwal

Updated

Silver - Correction Time?A 1:1 movement (on Daily) has completed with a rising wedge in the end. Expecting a 1.5-2k point pull back to start with. A very good RR trade. :)

Short

by pankajarora232

Silver Update || Apr 5 || MCX TimeFrame: 1 Day Price Levels: Silver is currently trading above the crucial psychological level of 79000, indicating strong investor interest and bullish sentiment in the market. Current Price: 79650 Target: 80300- 80400 All-Time Highs: The ongoing price action has resulted in the establishment

Long

by Shalvisharma5

SILVER - MCX SILVER CMP 79536 add till 74000 weak below 68000 can go uptp 104000 (9-12 MONTHS)

Long

by marketwala

Bullish view on Silver.●Today SILVER made new all time high. ●Pattern observed is rectangle pattern breakout.

Long

by Chandragopal

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News

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Forward curve

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Frequently Asked Questions

The nearest expiration date for Silver Micro Futures is Jun 30, 2021.

The best time to sell a futures contract is when you've already made money on the investment, but still have plenty of time left before the expiration date. Thus, a good option would be to sell Silver Micro Futures before Jun 30, 2021.

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