MCX Mentha Oil Oct: Hold Long Positions 24 Oct 2016 9:29 am   0 Comments  |   Post Comment  |  Font Size A A A  MCX Mentha Oil Oct: Hold Long Positions Report for Date: 24/10/16 MCX Mentha Oil Oct (Price figures below are in Rs/INR per Kg) The trend is up in Mentha oil futures on MCX. Oct 2016 Futures contract settled at Rs 903.70 per Kg Friday. Hold long positions with a stop loss of 884. Expect a rise to 929 – 950 levels or above in coming sessions. TREND INFORMATION WITH INTRA-DAY LEVELS STRATEGY CLOSE DRV TREND* Trend Price Trend Date L1 L2 CP L3 L4 Hold Long 903.7 897 UP 883 13.10 884 898 907 913 927 *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 -G/L% Open Interest OI -G/L % Candle Position 903.7 -0.8 449640 -4.7 3145 -3.7 Negative Unwinding TECHINCAL INDICATORS TABLE RSI 1-ROC-RSI Stochastic 1-ROC- Stochastic MACD 1-ROC MACD RS 1-ROC RS 54.55 -6.69 52.77 -28.36 2.71 15.82 55.32 -8.99 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) Bearish Trend / Sell on Rise / Key... Guar Seed (May 24) Bullish Trend / Buy at CMP / Key Su... Guar Gum (May 24) Bullish Trend / Buy on Dips / Key Su... Guar Gum (May 24) Bullish Trend / Buy on Dips / Key Su... Mentha Oil (Apr 24) Bearish Trend / Sell on Rise / Key... more 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...