MCX Silver December 2017 Weekly: Sideways Movement Around Drv 20 Nov 2017 10:53 am   0 Comments  |   Post Comment  |  Font Size A A A  Report for Date: 20/11/2017 MCX Silver December 2017 Weekly: Sideways Movement Around Drv MCX Silver (Price figures below are in Rs/INR per Kg) Cover short position at 40013 or below. Expect higher range of 40442-41095 to be tested. Further rise is above 40632. Sell is below 38688 with high of the week as the stop loss. Oscillation around DRV is likely. Momentary bias will be to test higher range of 40332-41095. TREND INFORMATION WITH WEEKLY LEVELS STRATEGY CLOSE DRV TREND* Trend Price Trend Date L1 L2 CP L3 L4 Cover Short 40013.00 40062.80 DOWN 39877.0 20.10 38806 39569 39889 40332 41095 *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. PRICE, VOLUME AND OPEN INTEREST STRATEGY Last Close Price G/L% Volume V -G/L% Open Interest OI -G/L % Candle Position 40013.0 1.3 1991430 -12.5 12247 -12.3 Positive Unwinding TECHINCAL INDICATORS TABLE RSI 1-ROC-RSI Stochastic 1-ROC- Stochastic MACD 1-ROC MACD RS 1-ROC RS 51.78 5.09 42.59 53.31 -36.98 51.08 59.71 9.70 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.   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 Domestic Weekly Technical Analysis MCX : Gold & Silver Weekly Chart MCX : Gold & Silver Weekly Chart MCX : Gold & Silver Weekly Chart MCX : Gold & Silver Weekly Chart MCX : Gold & Silver Weekly Chart more Top 5 News NCDEX : Guar Gum & Guar Seed Weekly Chart NCDEX : Castor Seed Weekly Chart NCDEX Turmeric Weekly Chart* NCDEX : Dhaniya & Jeera Weekly Chart NCDEX : Cotton Seed & Kapas Weekly Chart Top 5 Special Reports Kadi (Gujarat) Cotton Seed Trading in a Range (Rs. 545... Soy Refined Oil (Indore) Trading Near Key Resistance (... 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...