India, Aug. 24 -- Futures trading moves fast. A strong trend in the market, sudden volatility, or even a sharp reaction around expiry can move contracts aggressively within minutes. Because futures positions also involve leverage, many traders use indicators to understand where the market is heading.

In futures and options trading, traders typically use indicators in conjunction with price action instead of relying on them independently. Some help identify trend direction. Others are used more for studying momentum, volatility, or how aggressively traders are building positions in the market.

Traders in the futures market essentially enter contracts today for transactions scheduled for a future date. The price for these contracts is fix...