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Futures

This query is : Resolved 
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(Querist)
22 October 2015 I want to know is there any regulation for method to be followed for calculation of profit/loss in case of futures???
can we follow fifo method or weighted average method is to be followed???
kindly reply me on urgent basis.
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Amol S Joglekar

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Amol S Joglekar (Expert)
22 October 2015 FIFO method is followed by default.
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