Login ID:
Password:
Partner Login
Contact Us : 07666977977

NCDEX Dhaniya April: Key Support Breaks

13 Feb 2018 12:26 pm
 Comments 0 Comments  |  Comments Post Comment  |  Font Size A A A 

Report For Date: 14/02/2018


NCDEX Dhaniya April:
Key Support Breaks

NCDEX Dhaniya (Price are in INR (Rs)/Quintal)

The trend is down.

Key support of 5600 has broken.

Long positions have stopped out.

Exit any pending long positions on rise to 5664 – 5770 levels or above as the opportunity arises.

Wait for fresh positions for the time-being.

STRATEGY CLOSE DRV TREND* Trend Price Trend Date L1 L2 CP L3 L4
Exit Long 5588 5921.7 DOWN 6131.0 11.01 5214 5489 5664 5764 6039



*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 -G/L% OPEN INTEREST OI -G/L % CANDLE POSITION
5588.0 -2.2 4920 75.7 23120 1.2 Negative Addition Short


TECHNICAL INDICATORS TABLE


RSI 1-ROC-RSI STOCHASTIC 1-ROC STOCHASTIC MACD 1-ROC MACD RS 1-ROC RS
35.7 -11.5 13 -44.1 -89 -14.0 22.32 -20.48




Note: Red Color Bar= Down Trend, Green Color Bars= Up Trend, Blue Color Bars= Sideways(Trend could be up or down), 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. Blue Color dots above the price are profit booking alerts. Purple dot on the charts are swing top/bottoms could be in place.

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
MCX Cardamom March: Book Profits And Exit Long Position...
NCDEX Dhaniya April: Expect Further Decline
NCDEX Jeera March: Expect Lower Levels To Be Tested
NCDEX Turmeric April: Key Support Breaks, Likely To Fal...
MCX Cardamom March: Book Profits And Exit Long Position...
more
Top 5 News
MCX Zinc February 2018: Expect Higher Range To Be ...
MCX Lead February: Expect Higher Range To Be Tested...
MCX Aluminum February 2018: Expect Higher Range To B...
MCX Nickel February 2017: Exit Long On The Rise Till...
MCX Copper February: Accumulate
Top 5 Special Reports
Mentha Acreage Likely To Increase By 25% In Ongoing Sow...
FCI Holds 1.95LT Pulses As On Feb 15 Procured During KM...
Import duty Hike, Stockholding Limits To Improve Profit...
Technical : Mustard Oil Kachhi Ghani Jaipur Spot : Expe...
Technical : Mustard Cake Jaipur Spot : Accumulate at Av...
Copyright © CC Commodity Info Services LLP. All rights reserved.