Login ID:
Password:
Partner Login
Contact Us : 7066511911

NCDEX Dhaniya November 2017: Exit Long On The Rise

12 Oct 2017 10:19 am
 Comments 0 Comments  |  Comments Post Comment  |  Font Size A A A 

Report For Date: 12/10/2017


NCDEX Dhaniya November 2017: Exit Long On The Rise
NCDEX Dhaniya (Price are in INR (Rs)/Quintal)


Exit long and sell on rise from 4950 or above with a stop loss of 5050.

Expect lower range of 4850-4750.


TREND INFORMATION WITH INTRA-DAY LEVELS

STRATEGY CLOSE DRV TREND* Trend Price Trend Date L1 L2 CP L3 L4
Hold Short 4907.0 5055.9 DOWN N/A N/A 4750 4850 4892 4950 5050


*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
4907.0 0.9 10080 26.6 27500 4.2 Indecisive Unwinding


TECHNICAL INDICATORS TABLE


RSI 1-ROC-RSI STOCHASTIC 1-ROC- STOCHASTIC MACD 1-ROC MACD RS 1-ROC RS
46.05 5.45 42.51 -5.36 -64.89 5.20 46.36 11.21





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 Turmeric August: Further Weakness Is Below 6858...
NCDEX Dhaniya August 2018: Exit Long On The Rise
NCDEX Jeera August 2018: Exit Long On The Rise
MCX Cardamom August: Expect Higher Range To Be Teste...
NCDEX Turmeric August: Expect Lower Range To Be Teste...
more
Top 5 News
USD Inr Spot: Sideways Correction With Volatility Wit...
NCDEX Wheat August: Expect higher range to be tested
MCX Barley August: Expect Higher Range To Be Tested
NCDEX Maize August: Accumulate
NCDEX Castor Seed August: Higher Range Is To Book Pro...
Top 5 Special Reports
India Veg Oil Imports In June Down 23% Y/Y At 10.42 Lak...
Weekly: Upward March Continues In Domestic Cotton Marke...
Jeerna Unjha-Accumulate
Dhaniya Kota- Down Trend Continue With Volatility
Turmeric Nizambad- Breakout Above 7850 Will Confirm Br...
Copyright © CC Commodity Info Services LLP. All rights reserved.