NCDEX Dhaniya April 2017: Expect Lower range To Be Tested 22 Mar 2018 9:57 am   0 Comments  |   Post Comment  |  Font Size A A A  Report For Date: 22/03/2018 NCDEX Dhaniya April 2017: Expect Lower range To Be Tested NCDEX Dhaniya (Price are in INR (Rs)/Quintal) Hold short position with a stop loss of 5350. Expect lower levels of 5000 – 4830 to be tested. TREND INFORMATION WITH INTRA-DAY LEVELS CLOSE DRV TREND* Trend Price Trend Date L1 L2 CP L3 L4 5079 5440.7 DOWN 6131.0 11.01 4833 5012 5123 5191 5370 *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 5079.0 -2.1 5620 117.0 22610 -1.8 Negative Unwinding TECHNICAL INDICATORS TABLE RSI 1-ROC-RSI STOCHASTIC 1-ROC- STOCHASTIC MACD 1-ROC MACD RS 1-ROC RS 24.5 -13.8 9 -31.3 -120 -13.3 12.97 -32.54 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 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) Neutral Trend / Sell on Breakout / S... Spices Jeera (May 24) Bearish Trend / Sell at CMP / K... Coriander (May 24) Bearish Trend / Sell at CMP / Key R... Turmeric (Jun 24) Bearish Trend / Sell at CMP / Key Re... Spices Jeera (May 24) Bearish Trend / Sell at CMP / K... more Top 5 News Cotton Candy (May 24) Bearish Trend / Sell on Rise / K... Mentha Oil (Apr 24) Neutral Trend / Buy at CMP / Price... Base Metals Zinc (Apr 24) Bullish Trend / Buy on Dips... Base Metals Lead (Apr 24) Bullish Trend / Buy on Dips... Base Metals Copper (Apr 24) Bullish Trend / Buy on Di... Top 5 Special Reports US cotton net export sales for April 5-11 at 146,100 RB... US soybean net sales for April 5-11 at 485,800 MT, up 5... Black Matpe (Urad) SQ Burma (CNF$) Positive Trend / Ne... Rice Bran Refined Oil (Ludhiana) Bullish Trend Reversa... Mumbai Black Matpe (Urad) Trending Higher / Next Resis...