NCDEX Mustard December: Accumulate At Lower Range 20 Nov 2017 10:32 am   0 Comments  |   Post Comment  |  Font Size A A A  Report For Date 20/11/2017 NCDEX Mustard December: Accumulate At Lower Range NCDEX Mustard: (Price are in INR (Rs)/Quintal) Exit long on rise from 3887 or above. Resistance will be at 3916-3951 to be tested. Expect lower range of 3851-3751 to be tested. Traders can buy above 4038 with low of the day stop loss or 3887 whichever is lower. Correction to 3840 or below can be used for buying with a stop loss of 3758. TREND INFORMATION WITH WEEKLY LEVELS STRATEGY CLOSE DRV TREND* Trend Price Trend Date L1 L2 CP L3 L4 Hold long 3887.00 3827.85 UP 3787.0 18.08 3751 3851 3916 3951 4051 *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 can hold long position with DRV as the closing stop loss and close > DRV. Traders can hold short position with DRV as the closing stop loss and close < DRV. PRICE, VOLUME AND OPEN INTEREST STRATEGY LAST CLOSE PRICE G/L% VOLUME % V INC /DEC OPEN INTEREST % OI INC /DEC CANDLE POSITION 3887.0 -1.9 91510 -41.5 33980 -9.1 Negative Unwinding TECHNICAL INDICATORS TABLE RSI 1-ROC-RSI STOCHASTIC 1-ROC- STOCHASTIC MACD 1-ROC MACD RS 1-ROC RS 52.66 -11.79 61.78 -17.17 21.67 -2.52 59.68 -25.71 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 NCDEX : Castor Seed Weekly Chart NCDEX : Castor Seed Weekly Chart NCDEX : Castor Seed Weekly Chart NCDEX : Castor Seed Weekly Chart NCDEX : Castor Seed 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 Weekly: ICE cotton futures extend decline; no respite f... Weekly: ICE raw sugar futures post double digit price d... Canadian Lentil Prices Hit Record Highs, Outlook Remain... Canadian Chickpea Prices Hit Record High, Outlook for 2... Canadian Dry Pea Market Sees Price Rise Despite Export ...