Login ID:
Password:
Partner Login
Contact Us : 7066511911

NCDEX Coc March: Further Correction Is Below 1966

11 Feb 2019 2:05 pm
 Comments 0 Comments  |  Comments Post Comment  |  Font Size A A A 

Report For Date: 11/2/2019

NCDEX COC : ( Price in Rs/Quintal)

Further correction is below 1966.

Resistance will be at 2002-2035.

Reversal is above 2051.

Sell is below 1966 with high of the day stop loss or 1987.


TREND INFORMATION WITH INTRA-DAY LEVELS

CLOSE

DRV

TREND*

Trend

Price

Trend

Date

L1

L2

CP

L3

L4

1988.50

2009.50

DOWN

1986.50

6.02

1945

1973

1984

2000

2028


*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: a Close <DRV

PPRICE, VOLUME AND OPEN INTEREST STRATEGY

LAST CLOSE

PRICE G/L%

VOLUME

% V INC/DEC

OPEN INTEREST

% OI INC/DEC

CANDLE

POSITION

1988.5

0.1

40190

-20.7

74680

8.3

Indecisive

Addition Long/Short


TECHNICAL INDICATORS TABLE

RSI

1-ROC-RSI

STOCHASTIC

1-ROC

STOCHASTIC

MACD

1-ROC

MACD

RS

1-ROC

RS

46.20

0.71

15.75

0.16

9.04

-27.52

44.04

1.58

Note: UP Green= Shows Up Trend as Close > DRV (Pink Line), DN Red= Shows Down Trend as Close < DRV(Pink Line), Red Color Bar= Down Trend + Bandwidth Is Rising, Green Color Bars= Up Trend + Bandwidth Is Rising, Blue Color Bars= Sideways(Trend could be up or down + Bandwidth is falling), Pink Color line= DRV, V marked= Increase in Volume in relation to last few days. 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. Bandwidth Indicator= Helps to determine directional speed in the direction of the trend. Falling Bandwidth would indicates loss of momentum being witnessed or likely to be witnessed. Sideways movement may emerge or upside or downside could be locked until Bandwidth does not turn up. Rising Bandwidth can bring about directional momentum.

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.


View Full Image
Read Disclaimer
       
  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 :  
   

Top | Post Comment  

Latest TechAnalysis Report
NCDEX COC May: Expect Higher Range To Be Tested
NCDEX COC May: Expect Higher Range To Be Tested
NCDEX Coc May: Expect Higher Range To Be Tested
NCDEX Coc May: Expect Higher Range To Be Tested
more
Top 5 News
MCX Lead April: Resistance At Higher Range
MCX Lead April: Resistance At Higher Range
MCX Aluminum April 2019: Expect Higher Range To Be Te...
MCX Natural Gas May 2019: Resistance Remains At High...
MCX Silver May: Exit Long And Sell On Rise
Top 5 Special Reports
Technical: Chickpea (Chana) Indore
Technical: Pigeon Pea (Tur) Akola Bilty – Expect Ri...
Technical: Chickpea (Chana)- Indore- kabuli 42-44 count...
Technical: Mustard Cake- Sideways Volatility May Be ...
Technical: Moong/Green Peas Jaipur– Pullback Is Being ...
Copyright © CC Commodity Info Services LLP. All rights reserved.