What drives future price other than candlesticks and bid/ask ratio?

kingsmasher1

Well-Known Member
#1
Guys,
So today i was short on Adaniports future 30th March and hit a loss of 5k. i am clueless where i went wrong.

1) The daily/monthly candlestick showed it should be on bearish side today as well.

2) The bid/ask ratio showed heavy seller side majority.

Based on (1) and (2) i was pretty sure it should go down, although initially market was flat.

Although the market initially was flat, but later started going up, where it hit my stoploss.

I am clueles, what drove the future price up, other than (1) and (2) above.
Kindly suggest.
 

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