NCDEX Maize March: Hold Short Positions 13 Feb 2016 11:16 am   0 Comments  |   Post Comment  |  Font Size A A A  NCDEX Maize March: Hold Short Positions Report for Date: 15/02/16 The trend is down in Maize futures on National Commodity and Derivatives Exchange (NCDEX). Maize March 2016 futures contract settled at 1380 per quintal Friday. Hold short positions with a stop loss of 1417. Expect lower levels of 1360 – 1325 to be tested. TREND INFORMATION WITH INTRA-DAY LEVELS STRATEGY CLOSE DRV TREND* Trend Price Trend Date L1 L2 CP L3 L4 Hold Short 1380 1402 DOWN 1411 2.02 1367 1376 1382 1385 1394 *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 1380 0.36 110 -95.13 4750.00 0.00 Indecisive Unwinding TECHNICAL INDICATORS TABLE RSI 1-ROC-RSI STOCHASTIC 1-ROC- STOCHASTIC MACD 1-ROC MACD RS 1-ROC RS 31.91 7.43 21.47 -28.14 -25.77 -0.26 33.19 22.39 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		Top 5 News Cotton Candy (May 24) Bearish Trend / Sell on Rise / K... Mentha Oil (Apr 24) Bearish Trend / Sell on Rise / Key... Base Metals Zinc (May 24) Bullish Trend / Buy on Dips... Base Metals Lead (May 24) Bullish Trend / Buy at CMP ... Base Metals Copper (May 24) Bullish Trend / Buy at CM... Top 5 Special Reports Black Matpe Polished (AP) Consolidating Above Key Supp... Black Matpe Unpolished (AP) Consolidating in an Uptren... Akola Pigeon Pea (Tur) Desi Bilty Trending Higher / Ne... Castor Oil (Kadi) Weak Price Trend / Next Support at R... Mumbai Masur Canada Crimson Container Weak Price Trend...