login_img.jpg
Login ID:
Password:
Partner Login
Contact Us : 7066511911

MCX Crude Oil February 2018: Resistance At Higher Range

11 Mar 2019 10:29 am
 Comments 0 Comments  |  Comments Post Comment  |  Font Size A A A 

Report for Date: 11/03/2019


(Price figures below are in Rs/INR per Kg)


Exit long on rise from 3886 or above as the opportunity arises till 4126 is not crossed.

Resistance will be at 3920-4016.

Expect lower range of 3789-3562.


TREND INFORMATION WITH WEEKLY LEVELS

CLOSE

WRV

TREND*

Trend

Price

Trend

Date

L1

L2

CP

L3

L4

3886.00

3923.70

DOWN

3886.00

8.03

3562

3789

3920

4016

4243


*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 is lower.

PRICE, VOLUME AND OPEN INTEREST STRATEGY

Last Close

Price G/L%

Volume

V -G/L%

Open Interest

OI -G/L %

Candle

Position

3886.00

-2.2

93583696.0

-8.7

9944.0

6.8

Negative

Addition Short


TECHINCAL INDICATORS TABLE

RSI

1-ROC-RSI

Stochastic

1-ROC-

Stochastic

MACD

1-ROC

MACD

RS

1-ROC

RS

46.12

-3.65

69.54

-14.96

-147.49

6.82

48.85

-12.38





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 1 out of 52 out of 53 out of 54 out of 55 out of 5 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
*MCX : Crude Oil & Natural Gas Weekly Chart
MCX : Crude Oil & Natural Gas Weekly Chart
MCX : Crude Oil & Natural Gas Weekly Chart
MCX : Crude Oil & Natural Gas Weekly Chart
MCX : Crude Oil & Natural Gas 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
Canadian Lentil Prices Hit Record Highs, Outlook Remain...
Canadian Chickpea Prices Hit Record High, Outlook for 2...
Canadian Dry Pea Market Sees Price Rise Despite Export ...
Kadi (Gujarat) Cotton Seed Trading in a Range (Rs. 545...
Soy Refined Oil (Indore) Trading Near Key Resistance (...
Copyright © CC Commodity Info Services LLP. All rights reserved.