NCDEX Guar seeds10 Oct: Hold Long Positions 29 Aug 2015 12:38 pm   0 Comments  |   Post Comment  |  Font Size A A A  NCDEX Guar seeds10 Oct: Hold Long Positions Report for Date: 31/08/15 The trend has turned up in Guar Seeds futures on National Commodity & Derivatives Exchange (NCDEX). Oct 2015 futures contract settled at 3920 per quintal Friday. Prices successfully broke out above resistance of 3750. Hold long positions with a stop loss of 3570. Expect a rise to 3980-4060 levels or above in coming sessions. INTRA-DAY LEVELS FOR NCDEX GUAR SEED OCT 2015 CONTRACT STRATEGY CLOSE DRV TREND* Trend Price Trend Date L1 L2 CP L3 L4 Hold Long 3920 3861 UP 3912 24.08 3735 3859 3921 3983 4107 *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 Inc/Dec Open Interest % OI Inc/Dec Candle Position 3920 0.59 148520 -15.77 47850.00 -0.79 Indecisive Unwinding TECHINCAL INDICATORS TABLE RSI 1-ROC-RSI Stochastic 1-ROC- Stochastic MACD 1-ROC MACD RS 1-ROC RS 54.98 1.84 68.13 -13.89 -10.79 53.24 59.82 0.91 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 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 :       Post Comment		Latest TechAnalysis Report Mentha Oil (Apr 24) Neutral Trend / Buy on Breakout / ... Guar Gum (May 24) Bullish Trend / Buy on Dips / Key Su... Guar Seed (May 24) Bullish Trend / Buy on Dips / Key S... Mentha Oil (Apr 24) Bearish Trend / Sell on Rise / Key... Guar Gum (May 24) Bullish Trend / Buy on Dips / Key Su... more Top 5 News Cotton Candy (May 24) Bearish Trend / Sell on Rise / K... Base Metals Zinc (May 24) Bullish Trend / Buy on Dips... Mentha Oil (Apr 24) Neutral Trend / Buy on Breakout / ... Base Metals Lead (May 24) Bullish Trend / Buy on Dips... Base Metals Copper (May 24) Bullish Trend / Buy at CM... Top 5 Special Reports US Cotton net export sales for April 12-18 at 177,100 R... US soybean net sales for April 12-18 at 210,900 MT, dow... Black Matpe Polished (AP) Consolidating Above Key Supp... Black Matpe Unpolished (AP) Consolidating in an Uptren... Castor Oil (Kadi) Weak Price Trend / Next Support at R...