Login ID:
Password:
Partner Login
Contact Us : 7066511911

NCDEX Chana March 2019: Further Rise Is Above 4304 Closing

2 Feb 2019 4:52 pm
 Comments 0 Comments  |  Comments Post Comment  |  Font Size A A A 

Report For Date: 28/01/2019



NCDEX Chana (Price are in INR (Rs)/Quintal)


Traders by chance long and holding the same can maintain the stop loss at 4080.

Resistance will be at 4268-4304.

Further rise is above 4304 with low of the week as the stop loss or 4231 whichever is lower.

Support will be at 4217-4180.

CLOSE

WRV

TREND*

Trend

Price

Trend

Date

L1

L2

CP

L3

L4

4231.00

4223.35

UP

4231.0

1.02

4092

4180

4217

4268

4356


*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

4231.0

0.4

86630.0

2.7

45740.0

3.7

Indecisive

Addition Long/Short


TECHNICAL INDICATORS TABLE

RSI

1-ROC-RSI

STOCHASTIC

1-ROC

STOCHASTIC

MACD

1-ROC

MACD

RS

1-ROC

RS

50.19

1.02

29.93

57.24

54.74

-15.10

42.75

4.16


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 ICE cotton: Ends Sharply Up; Hopes Pinned On US...
Weekly ICE Sugar: Ends Mixed On Near-Term Supply Views,...
Weekly: Urad/Masoor Post Strong Gains This Week
USDA Revises Down 2019-20 Global Cotton Production Esti...
USD/INR—Unable to Surpass Overhead Resistance Zone (71-...
Copyright © CC Commodity Info Services LLP. All rights reserved.