NCDEX Turmeric October: Further Weakness Is Below 6532

Report For Date 19/09/2018




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

Hold short position with a stop loss of 6785.

Resistance will be at 6633-6733.

Further weakness is below 6532.

Sell on fall and close below 6532 with high of the day stop loss or 6632 whichever is higher.




TREND INFORMATION WITH INTRA-DAY LEVELS

CLOSE	DRV	TREND*	Trend Price	Trend Date	L1	L2	CP	L3	L4
6584.00	6768.26	DOWN	7100.0	21.08	6433.3	6533.3	6582.7	6633.3	6733.3

*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	View Full Image
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