NCDEX Refined Soya Oil Weekly April: Exit Long On The Rise 17 Mar 2018 2:24 pm   0 Comments  |   Post Comment  |  Font Size A A A  Report For Date 19/03/2018 NCDEX Refined Soya Oil Weekly April: Exit Long On The Rise NCDEX Refined Soya Oil: (Price are in INR (Rs)/10kg) Resistance will be at 786-797. Lower range can be 780-764. Expect lower range to be tested. Resistance can be used to exit long or sell on contrarian basis with a stop loss of 797. TREND INFORMATION WITH INTRA-DAY LEVELS STRATEGY CLOSE DRV TREND* Trend Price Trend Date L1 L2 CP L3 L4 - 788.9 728.5 UP 644.0 7.07 764.5 780.0 786.5 795.4 810.9 *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: If trend is up then traders long can hold long position with closing stop loss of DRV: Close >DRV. If trend is down then traders can hold short position with a closing stop loss of DRV: Close <DRV. PRICE, VOLUME AND OPEN INTEREST STRATEGY Last Close Price G/L% Volume % V Inc/Dec Open Interest % OI Inc/Dec Candle Position 788.9 -0.6 151020 -22.2 66090 39.9 Indecisive Addition long/Short TECHNICAL INDICATORS TABLE RSI 1-ROC-RSI STOCHASTIC 1-ROC STOCHASTIC MACD 1-ROC MACD RS 1-ROC RS 67.59 -9.38 73.62 -13.13 23.05 1.51 64.71 -11.54 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.   Rate this story Rated 0.0    Post comment Comment : Note : This forum is moderated. We reserve the right to not publish and/or edit the comment on the site, if the comment is offensive, contains inappropriate data or violates our editorial policy. Name :   Email :       Post Comment		Latest Domestic Weekly Technical Analysis NCDEX : Castor Seed Weekly Chart NCDEX : Castor Seed Weekly Chart NCDEX : Castor Seed Weekly Chart NCDEX : Castor Seed Weekly Chart NCDEX : Castor Seed Weekly Chart more Top 5 News NCDEX : Guar Gum & Guar Seed Weekly Chart NCDEX : Castor Seed Weekly Chart NCDEX Turmeric Weekly Chart* NCDEX : Dhaniya & Jeera Weekly Chart NCDEX : Cotton Seed & Kapas Weekly Chart Top 5 Special Reports Mumbai Black Matpe (Urad) Trending Higher / Next Resis... RBD Palm Olein (Kandla) Positive Short-term Trend / Ne... Soybean Meal (Indore) Trending Higher / Next Resistanc... Burma Pigeon Pea (Tur) CNF$ Lemon Positive Trend / Nex... Weekly: ICE cotton futures post extend fall for sixth s...