Login ID:
Password:
Partner Login
Contact Us : 7066511911

MCX Cardamom March: Book Profits And Exit Long Positions

13 Feb 2018 12:31 pm
 Comments 0 Comments  |  Comments Post Comment  |  Font Size A A A 

Report For Date: 14/02/2018


MCX Cardamom March:
Book Profits And Exit Long Positions

MCX Cardamom Oil (Price are in INR)

The trend has turned down.

Ideally, book profits and exit long positions on rise to 1155 – 1160 levels or above as the opportunity arises.

Wait for fresh positions for the time-being.

TREND INFORMATION WITH INTRA-DAY LEVELS

STRATEGY CLOSE DRV TREND* Trend Price Trend Date L1 L2 CP L3 L4
Book Profits 1151.2 1153 DOWN 1152 8.02 1131 1145 1152 1159 1173



*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
1151.2 0.1 5700 42.5 358 0.0 Indecisive Unwinding


TECHNICAL INDICATORS TABLE


RSI 1-ROC-RSI STOCHASTIC 1-ROC STOCHASTIC MACD 1-ROC MACD RS 1-ROC RS
50.658 1.1529 20.5651 21.55 7.2681 -15.172 38.7772 -2.7492




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
N       
  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 December:Resistance At Higher Range
MCX Cardamom December : Further Rise Is Above 1505
NCDEX Jeera December 2018: Exit Long And Sell
NCDEX Dhaniya December: Further Rise Is Above 6713
MCX Cardamom December :Further Rise Is Above 1505
more
Top 5 News
MCX Aluminum November 2018:Exit Long And Sell`
MCX Lead November:Expect Lower Range To Be Tested
MCX Zinc November 2018: Exit Long On The Rise
MCX Copper November: Further Rise Is Above 449
NCDEX Turmeric December:Resistance At Higher Range
Top 5 Special Reports
Technical: Moong/Green Peas Jaipur- Accumulate At Suppo...
Technical: Burma Urad FAQ (Mumbai) - Accumulate On Decl...
Technical: Mustard Oil Kachi Ghani (Jaipur) - Accumulat...
Technical: Mustard Cake (Jaipur) - Accumulate On Correc...
Kabuli Chana 42-44 Count (Indore) - Consolidation At Lo...
Copyright © CC Commodity Info Services LLP. All rights reserved.