Login ID:
Password:
Partner Login
Contact Us : 7066511911

MCX Cardamom : Expect Higher Range To Be Tested

12 Jan 2019 5:01 pm
 Comments 0 Comments  |  Comments Post Comment  |  Font Size A A A 

Report For Date: 14/01/2019



MCX Cardamom Oil (Price are in INR )


Traders by chance long and holding the same can maintain the stop loss at 1519.

Support will be at 1579-1548.

Expect higher range of 1628-1708.

Weaker opening and correction first to 1579-1548 can be used for buying with a stop loss of 1519.


TREND INFORMATION WITH INTRA-DAY LEVELS

CLOSE

WRV

TREND*

Trend

Price

Trend

Date

L1

L2

CP

L3

L4

1597.30

1458.09

UP

978.7

29.06

1468

1548

1579

1628

1708


*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. Positional Traders: If trend is up then traders long can hold long position with closing stop loss of WRV: Close >WRV. If trend is down then traders can hold short position with a closing stop loss of WRV: Close <WRV.

PRICE, VOLUME AND OPEN INTEREST STRATEGY

LAST CLOSE

PRICE G/L%

VOLUME

V -G/L%

OPEN INTEREST

OI -G/L %

CANDLE

POSITION

1597.3

4.9

29400.0

488.0

250.0

201.2

Positive

Addition Long


TECHNICAL INDICATORS TABLE

RSI

1-ROC-RSI

STOCHASTIC

1-ROC

STOCHASTIC

MACD

1-ROC

MACD

RS

1-ROC

RS

74.94

7.31

69.99

1.85

97.29

1.72

69.62

20.97





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
WEEKLY: Selling Pressure In Cardamom May Appear At Exis...
WEEKLY: Uptrend May Continue In Coriander Prices
WEEKLY: Jeera Prices Likely To Remain Firm On Export De...
Technical: Turmeric Nizambad-Swing Bottom Appears To B...
Technical: Black Pepper-Garbled Kochi- Expect Support ...
Copyright © CC Commodity Info Services LLP. All rights reserved.