Report For Date 30/11/2015
NCDEX Dhaniya (Price are in INR (Rs)/Quintal)
Exit long on rise to 10612-11173 as the opportunity arises.
Cover short position at 10312 or below.
Sell is below 9927 with high of the day stop loss.
Buy if trades above the open of the week and above 10650 with low of the week as the stop loss or 10312 whichever is lower.
TREND INFORMATION WITH INTRA-DAY LEVELS
STRATEGY
|
CLOSE
|
DRV
|
TREND*
|
Trend
Price
|
Trend
Date
|
L1
|
L2
|
CP
|
L3
|
L4
|
Hold Short
|
10312.00
|
10661.82
|
DOWN
|
10904.00
|
23.10
|
9490
|
10051
|
10350
|
10612
|
11173
|
*Trend will remain Down as long as last close is below the pink color DRV. Trend will be Up as long as Price is above DRV. Positional Traders can hold long position with DRV as the closing stop loss and close > DRV. Traders can hold short position with DRV as the closing stop loss and close < DRV.
PRICE, VOLUME AND OPEN INTEREST STRATEGY
LAST CLOSE
|
PRICE G/L%
|
VOLUME
|
% V INC/DEC
|
OPEN INTEREST
|
% OI INC/DEC
|
CANDLE
|
STRATEGY
|
10312.0
|
3.9
|
24280
|
410.1
|
28720
|
5318.9
|
Negative
|
Unwinding
|
TECHNICAL INDICATORS TABLE
RSI
|
1-ROC-RSI
|
STOCHASTIC
|
1-ROC-
STOCHASTIC
|
MACD
|
1-ROC
MACD
|
RS
|
1-ROC
RS
|
48.64
|
7.74
|
39.67
|
44.45
|
-89.77
|
-0.34
|
47.31
|
37.06
|
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.