Login ID:
Password:
Partner Login
Contact Us : 7066511911

MCX Cardamom Nov: Exit Long On The Rise

11 Oct 2018 10:12 am
 Comments 0 Comments  |  Comments Post Comment  |  Font Size A A A 

Report For Date:11/10/2018


MCX Cardamom Nov:
Exit Long On The Rise

MCX Cardamom Oil (Price are in INR)

Exit long on rise from 1378-1388 as the opportunity arises.

Expect lower range of 1360-1350 to be tested.

TREND INFORMATION WITH INTRA-DAY LEVELS

CLOSE DRV TREND* Trend Price Trend Date L1 L2 CP L3 L4
1368 1369 DOWN 1368 10.10 1320 1353 1372 1386 1419

*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: If trend is up then traders long can hold long position with closing stop loss of DRV: Close >DRV. If trend is down then traders can hold short position with a closing stop loss of DRV: Close <DRV.

PRICE, VOLUME AND OPEN INTEREST STRATEGY

LAST CLOSE PRICE G/L% VOLUME V -G/L% OPEN INTEREST OI -G/L % CANDLE POSITION
1368.0 -0.2 5400 -28.0 180 8.4 Negative Addition Short


TECHNICAL INDICATORS TABLE

RSI 1-ROC-RSI STOCHASTIC 1-ROC STOCHASTIC MACD 1-ROC MACD RS 1-ROC RS
50.2 -1.2 49 25.8 10 -16.4 41.55 15.57




Note: Red Color Bar= Down Trend, Green Color Bars= Up Trend, Blue Color Bars= Sideways(Trend could be up or down), 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. Blue Color dots above the price are profit booking alerts. Purple dot on the charts are swing top/bottoms could be in place.

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
       
  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
Turmeric (NCDEX) Remains Entrenched in a Downtrend / ...
Jeera July 19 (NCDEX) Consolidating After Uptrend V...
Dhaniya (NCDEX) Primary Trend is Lower / Retesting Ke...
Cardamom (MCX) New Highs (Above 2,625) May Negate Sho...
Spices Turmeric (NCDEX) Violation of Major Support ...
more
Top 5 News
Rapeseed (NCDEX) A Close above 3,950 Confirms a Downt...
Guar Seed (NCDEX) A Retest of Support at Rs. 4,150 Ap...
Castor Seed (NCDEX) Relief Rally Concludes / A Retest...
Guar Gum July 19 (NCDEX) Major Trend Remains Bearish...
Soybean (NCDEX) Approaching the Lower-end of a Multi-...
Top 5 Special Reports
Stock Position Of Veg Oil (Edible Grade ) On 17.06.2019...
Weekly: Red Chilli Prices Likely To Decline Slightly Fr...
Weekly: Weakness May Continue In Rupee On Widening Trad...
Weekly: Overall Bullish Overtone In Gold Is Intact
Weekly: Spot Coriander Unlikely To Drop Below Rs 6,600-...
Copyright © CC Commodity Info Services LLP. All rights reserved.