NCDEX Barely August: Expect Lower Range To Be Tested
Traders short can hold the same with a stop loss of 1171.
Expect lower range of 1140-1126 to be tested.INTRA-DAY LEVELS FOR NCDEX BARELY AUGUST 15 CONTRACT
STRATEGY
CLOSE
DRV
TREND*
Trend Price
Trend Date
L1
L2
CP
L3
L4
Hold Short
1153.00
1196.13
DOWN
1262.00
19.06
1126.67
1145.67
1157.33
1164.67
1183.67
*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.PRICE, VOLUME AND OPEN INTEREST STRATEGY
Last Close
Price G/L%
Volume
% V Inc/Dec
Open Interest
% OI Inc/Dec
Candle
Position
1153.0
-1.1
1630
-29.1
19880
-2.3
Negative
Unwinding
TECHINCAL INDICATORS TABLE
RSI
1-ROC-RSI
Stochastic
1-ROC-Stochastic
MACD
1-ROCMACD
RS
1-ROCRS
20.15
-11.25
13.49
-38.78
-25.64
-4.78
31.42
22.25
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