Login ID:
Password:
Partner Login
Contact Us : 7066511911

MCX Crude Oil October 2018: Accumulate

6 Oct 2018 3:19 pm
 Comments 0 Comments  |  Comments Post Comment  |  Font Size A A A 

Report for Date: 08/10/2018



(Price figures below are in Rs/INR per Kg)



Traders long and holding the same can maintain the stop loss 5300.

Higher range for the week can be 5702-6046.

Support will be at 5513-5358.

Accumulate at 5513-5358 with a stop loss of 5300.


TREND INFORMATION WITH WEEKLY LEVELS

CLOSE

WRV

TREND*

Trend

Price

Trend

Date

L1

L2

CP

L3

L4

5546.00

4734.02

UP

3191.0

15.09

5014

5358

5513

5702

6046


*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

5546.0

4.0

53514400.0

-5.9

17020.0

-16.9

Positive

Unwinding


TECHINCAL INDICATORS TABLE

RSI

1-ROC-RSI

Stochastic

1-ROC-

Stochastic

MACD

1-ROC

MACD

RS

1-ROC

RS

73.28

4.93

90.56

5.86

240.74

15.19

74.55

5.42












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 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  

Top 5 Special Reports
Stock Position Of Veg Oil (Edible Grade ) On 17.06.2019...
Weekly: Red Chilli Prices Likely To Decline Slightly Fr...
Weekly: Weakness May Continue In Rupee On Widening Trad...
Weekly: Overall Bullish Overtone In Gold Is Intact
Weekly: Spot Coriander Unlikely To Drop Below Rs 6,600-...
Copyright © CC Commodity Info Services LLP. All rights reserved.