Login ID:
Password:
Partner Login
Contact Us : 7066511911

NCDEX Jeera November 2018: Accumulate

11 Oct 2018 9:59 am
 Comments 0 Comments  |  Comments Post Comment  |  Font Size A A A 

Report For Date: 11/10/2018


NCDEX Jeera November 2018:
Accumulate

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

Accumulate at 19342 or below with a stop loss of 19125.

Resistance will be at 19483-19577.

Further rise is above 19750.


TREND INFORMATION WITH INTRA-DAY LEVELS
CLOSE DRV TREND* Trend Price Trend Date L1 L2 CP L3 L4
19420 19441 DOWN 19435 9.10 18843 19213 19377 19583 19953


*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 STRATEGY
19420.0 -0.1 3279 33.6 5982 -2.2 Indecisive Unwinding

TECHNICAL INDICATORS TABLE

RSI 1-ROC-RSI STOCHASTIC 1-ROC- STOCHASTIC MACD 1-ROC MACD RS 1-ROC RS
50.0 -0.6 70 -10.9 -76 15.4 50.38 16.83




Note: UP Green= Shows Up Trend as Close > DRV (Pink Line), DN Red= Shows Down Trend as Close < DRV(Pink Line), Red Color Bar= Down Trend + Bandwidth Is Rising, Green Color Bars= Up Trend + Bandwidth Is Rising, Blue Color Bars= Sideways(Trend could be up or down + Bandwidth is falling), Pink Color line= DRV, V marked= Increase in Volume in relation to last few days. 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. Bandwidth Indicator= Helps to determine directional speed in the direction of the trend. Falling Bandwidth would indicates loss of momentum being witnessed or likely to be witnessed. Sideways movement may emerge or upside or downside could be locked until Bandwidth does not turn up. Rising Bandwidth can bring about directional momentum.

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.

View Full Image
Read Disclaimer
N       
  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  

Latest TechAnalysis Report
MCX Cardamom January 2019 : Exit Long On The Rise
NCDEX Turmeric : Exit Long On The Rise
NCDEX Jeera January 2019: Trend still down
NCDEX Dhaniya January: Breakout Above 6850 Required
MCX Cardamom January 2019 : Exit Long On The Rise
more
Top 5 News
NCDEX Barely : Sideways Volatility Is Likely
MCX Lead December: Volatility And Oscillation Aroun...
MCX Aluminum December 2018: Correction/Sideways Volat...
MCX Zinc December 2018: Sideways Movement Around Drv ...
MCX Copper February: Further Rise Is Above 448
Top 5 Special Reports
Technical: Guar Seeds Bikaner-Expect Resistance At High...
Technical: Cotton Seed Oil Cake Kadi -Accumulate On Re...
ICAC Lowers Global 2018-19 Cotton Production-Demand For...
Technical: Mentha Oil- Correction In Near Term Is Likel...
Technical:Cotton Bales Rajkot-Retracement To Provide Su...
Copyright © CC Commodity Info Services LLP. All rights reserved.