IPCALAB FUTURESIpcalab futures is trading near its resistance zone of 1620-1625 with decreses in OI suggesting huge short covering.
Risk:Reward = 1:3
Could be 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 IPCALAB FUTURES is 1,528.70 INR — it has fallen −2.44% in the past 24 hours. Watch IPCALAB FUTURES price in more detail on the chart.
The volume of IPCALAB FUTURES is 1.39 M. Track more important stats on the IPCALAB FUTURES chart.
The nearest expiration date for IPCALAB FUTURES is Nov 28, 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 IPCALAB FUTURES before Nov 28, 2024.
Open interest is the number of contracts held by traders in active positions — they're not closed or expired. For IPCALAB FUTURES this number is 580.45 K. You can use it to track a prevailing market trend and adjust your own strategy: declining open interest for IPCALAB 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 IPCALAB FUTURES. Today its technical rating is strong sell, but remember that market conditions change all the time, so it's always crucial to do your own research. See more of IPCALAB FUTURES technicals for a more comprehensive analysis.