MCX Cardamom Nov: Hold Short Positions 9 Oct 2015 11:19 am   0 Comments  |   Post Comment  |  Font Size A A A  MCX Cardamom Nov: Hold Short Positions Report for Date: 09/10/15 The trend is down in Cardamom futures on MCX. Nov 2015 futures contract has settled at Rs 817.50 per kg Thursday. Hold short positions with a stop loss of 830. Expect lower levels of 795-780 to be tested with volatility. TREND INFORMATION WITH INTRA-DAY LEVELS STRATEGY CLOSE DRV TREND* Trend Price Trend Date L1 L2 CP L3 L4 Hold Short 817.5 831.2 DOWN 830.2 29.1 794.2 810.7 820.3 827.2 843.7 *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 817.5 -1.0 99200 -30.6 983 4.0 Negative Addition Short TECHINCAL INDICATORS TABLE RSI 1-ROC-RSI Stochastic 1-ROC- Stochastic MACD 1-ROC MACD RS 1-ROC RS 43.81 -7.37 35.55 31.87 -1.91 -91.58 23.10 -14.88 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 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 TechAnalysis Report Turmeric (Jun 24) Bullish Trend / Buy at CMP / Key Sup... Spices Jeera (Jun 24) Bullish Trend / Buy on Dips / K... Coriander (Jun 24) Bearish Trend / Sell at CMP / Key R... Turmeric (Jun 24) Bullish Trend / Buy at CMP / Key Sup... Spices Jeera (Jun 24) Bullish Trend / Buy on Dips / K... more Top 5 News Cotton Candy (May 24) Bearish Trend / Sell on Rise / K... Mentha Oil (May 24) Neutral Trend / Buy on Breakout / ... Base Metals Zinc (May 24) Bullish Trend / Buy on Dips... Base Metals Lead (May 24) Bullish Trend / Buy on Dips... Base Metals Copper (May 24) Neutral Trend / Buy on Br... Top 5 Special Reports Soybean Meal (Indore) Consolidating Near Short-term Su... Burma Pigeon Pea (Tur) CNF$ Lemon Positive Trend / Nex... Rice Bran Refined Oil (Ludhiana) Trading in a Range (R... Black Matpe (Urad) SQ Burma (CNF$) Positive Trend / Ne... U.S. Soybean Oil Loses Ground in Biofuel Market