Report For Date 28/05/2015NCDEX Chilli Teja June (Price in Rs(INR)/Quintal)The trend is up in Chilli futures on NCDEX.
June 2015 futures contract has settled at Rs 9,608.00 per quintal Wednesday.
Keep a stop loss of Rs 9,530 for long positions.
Expect a rise to Rs 9,750-9,900 levels in coming sessions.TREND INFORMATION WITH INTRA-DAY LEVELS
STRATEGY
CLOSE
DRV
TREND*
Trend Price
Trend Date
L1
L2
CP
L3
L4
Hold Long
9608.0
9480.8
UP
9084.0
5.05
9455.3
9555.3
9602.7
9655.3
9755.3
*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
OPEN INTEREST
% OI INC/DEC
CANDLE
POSITION
9608.0
-0.81
265
47.22
1785.00
-4.29
Indecisive
Unwinding
TECHNICAL INDICATORS TABLE
RSI
1-ROC-RSI
STOCHASTIC
1-ROC-STOCHASTIC
MACD
1-ROCMACD
RS
1-ROCRS
63.93
-7.10
44.87
-33.12
224.23
-6.48
49.68
-15.48
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.
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