Report for Date: 24/09/2018
(Price figures below are in Rs/INR per Kg)
Traders long and holding the same can maintain the stop loss 4800.
Higher range for the week can be 5240-5473.
Support will be at 5101-5007.
On sustained rise and close above 5240 expect a rally to 5650.
TREND INFORMATION WITH WEEKLY LEVELS
|
CLOSE
|
WRV
|
TREND*
|
Trend
Price
|
Trend
Date
|
L1
|
L2
|
CP
|
L3
|
L4
|
|
5146.00
|
4519.31
|
UP
|
3191.0
|
15.09
|
4774
|
5007
|
5101
|
5240
|
5473
|
*Trend will remain Down as long as last close is below the pink color WRV. Trend will be Up as long as Price is above WRV is lower.
PRICE, VOLUME AND OPEN INTEREST STRATEGY
|
Last Close
|
Price G/L%
|
Volume
|
V -G/L%
|
Open Interest
|
OI -G/L %
|
Candle
|
Position
|
|
5146.0
|
4.0
|
66057800.0
|
1.0
|
15432.0
|
49.5
|
Positive
|
Addition Long
|
TECHINCAL INDICATORS TABLE
|
RSI
|
1-ROC-RSI
|
Stochastic
|
1-ROC-
Stochastic
|
MACD
|
1-ROC
MACD
|
RS
|
1-ROC
RS
|
|
66.22
|
7.14
|
74.29
|
3.28
|
185.76
|
8.27
|
65.03
|
13.07
|
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.
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