NCDEX Kapas April 2018 Weekly: Lower Range To Attract Support 17 Mar 2018 2:32 pm   0 Comments  |   Post Comment  |  Font Size A A A  Report For Date: 19/03/2018 NCDEX Kapas April 2018 Weekly: Lower Range To Attract Support NCDEX Kapas April 2018 in Rs/20Kg Exit long and sell on rise from 918-945 with a stop loss of 966. Expect lower range of 903.3-861.30. A breakout and close above 966 can set a rally to test 1016 or above. Lower range can attract support at 903.30-861.30. Lower range can be used to cover short position. TREND INFORMATION WITH WEEKLY LEVELS STRATEGY CLOSE DRV TREND* Trend Price Trend Date L1 L2 CP L3 L4 - 918.0 963.1 DOWN 930.0 16.02 861.3 903.3 930.7 945.3 987.3 *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 Inc/Dec Open Interest % OI Inc/Dec Candle Position 918.0 -4.5 14869 -23.3 7319 -1.4 Negative Unwinding TECHNICAL INDICATORS TABLE RSI 1-ROC-RSI STOCHASTIC 1-ROC- STOCHASTIC MACD 1-ROC MACD RS 1-ROC RS 44.42 -14.69 23.25 0.20 4.47 -45.64 37.20 -21.58 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 : Cotton Weekly Chart MCX : Cotton Weekly Chart MCX : Cotton Weekly Chart MCX : Cotton Weekly Chart MCX : Cotton 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 Sunflower Refined Oil (AP) Inflection Point: Trading N... Black Matpe (Urad) SQ Chennai Consolidating in an Uptr... US soybean net sales for April 19-25 at 414,000 MT, up ... US cotton net export sales for April 19-25 at 97,400 RB... Delhi Chana Rajasthan Line Bullish Price Trend / Next ...