Report For Date: 22/04/2019
NCDEX Dhaniya (Price are in INR (Rs)/Quintal)
Traders long and holding the same can maintain the stop loss at 6900.
Resistance is at 7316-7330.
Further rise is above 7316.
Traders can buy above 7316 with low of the day week as the stop loss or 7200 whichever is lower.
TREND INFORMATION WITH WEEKLY LEVELS
|
CLOSE
|
WRV
|
TREND*
|
Trend
Price
|
Trend
Date
|
L1
|
L2
|
CP
|
L3
|
L4
|
|
7203.0
|
6780.7
|
UP
|
6571.0
|
22.03
|
6764
|
7047
|
7173
|
7330
|
7613
|
*Trend will remain Down as long as last close is below the pink color WRV. Trend will be Up as long as Price is above WRV. Positional Traders can hold long position with WRV as the closing stop loss and close > WRV. Traders can hold short position with WRV as the closing stop loss and close < WRV.
PRICE, VOLUME AND OPEN INTEREST STRATEGY
|
LAST CLOSE
|
PRICE G/L%
|
VOLUME
|
% V INC/DEC
|
OPEN INTEREST
|
% OI INC/DEC
|
CANDLE
|
STRATEGY
|
|
7203.0
|
0.3
|
9130.0
|
-45.3
|
28670.0
|
3195.4
|
Indecisive
|
Addition Long/Short
|
TECHNICAL INDICATORS TABLE
|
RSI
|
1-ROC-RSI
|
STOCHASTIC
|
1-ROC-
STOCHASTIC
|
MACD
|
1-ROC
MACD
|
RS
|
1-ROC
RS
|
|
63.98
|
0.50
|
89.64
|
2.59
|
142.96
|
23.66
|
70.11
|
17.67
|
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Disclaimer: There is risk of loss in trading in derivatives and the report is not to be construed as investment advice. The information provided in this report is intended solely for informative purposes. The author, directors and other employees of CC Commodity Info Services cannot be held responsible for the accuracy of the information presented herein or for the results of the positions taken based on the opinions expressed above.
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