Report For Date: 18/06/2018
NCDEX Soya Bean: (Price Are INR (Rs)/Quintal)
Support will be at 3384-3360.
Resistance will be at 3543-3574.
Cover short position at 3475 or below.
Further weakness is below 3360.
TREND INFORMATION WITH WEEKLY LEVEL
CLOSE
|
DRV
|
TREND*
|
Trend
Price
|
Trend
Date
|
L1
|
L2
|
CP
|
L3
|
L4
|
3475.00
|
3589.82
|
DOWN
|
3574.0
|
1.06
|
3225
|
3384
|
3452
|
3543
|
3702
|
*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
|
3475.0
|
-1.0
|
244120.0
|
10.3
|
121860.0
|
9.6
|
Indecisive
|
Addition long/Short
|
TECHNICAL INDICATORS TABLE
RSI
|
1-ROC-RSI
|
STOCHASTIC
|
1-ROC
STOCHASTIC
|
MACD
|
1-ROC
MACD
|
RS
|
1-ROC
RS
|
44.38
|
-3.59
|
16.77
|
-25.41
|
64.82
|
-25.13
|
31.37
|
-20.02
|
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.