NCDEX Castor Seed July’17: Cover Short Positions 23 Jun 2017 10:03 am   0 Comments  |   Post Comment  |  Font Size A A A  Report For Date: 23/06/17 NCDEX Castor Seed July’17: Cover Short Positions NCDEX Castor Seed: (Price are in INR (Rs)/Quintal) The trend is down but a bottoming process is likely to be seen in Castor Seed futures on NCDEX. July 2017 Futures contract settled at Rs 4153 per Quintal Thursday. Cover short positions on dips to 4137 - 4100 levels or below as the opportunity arises. Expect a rise towards 4280 – 4400 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 Cover Short 4153.00 4416.66 DOWN 4557 22.05 4024 4105 4137 4186 4267 *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 4153.0 -1.0 28290 27.7 84040 -4.7 Indecisive Unwinding TECHINCAL INDICATORS TABLE RSI 1-ROC-RSI Stochastic 1-ROC- Stochastic MACD 1-ROC MACD RS 1-ROC RS 36.82 -5.15 12.16 4.46 -74.33 -11.30 23.96 -9.62 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 Turmeric (Jun 24) Neutral Trend / Sell on Breakout / S... Spices Jeera (May 24) Bearish Trend / Sell at CMP / K... Coriander (May 24) Bearish Trend / Sell at CMP / Key R... Turmeric (Jun 24) Bearish Trend / Sell at CMP / Key Re... Spices Jeera (May 24) Bearish Trend / Sell at CMP / K... more Top 5 News Cotton Candy (May 24) Bearish Trend / Sell on Rise / K... Mentha Oil (Apr 24) Neutral Trend / Buy at CMP / Price... Base Metals Zinc (Apr 24) Bullish Trend / Buy on Dips... Base Metals Lead (Apr 24) Bullish Trend / Buy on Dips... Base Metals Copper (Apr 24) Bullish Trend / Buy on Di... Top 5 Special Reports US cotton net export sales for April 5-11 at 146,100 RB... US soybean net sales for April 5-11 at 485,800 MT, up 5... Black Matpe (Urad) SQ Burma (CNF$) Positive Trend / Ne... Rice Bran Refined Oil (Ludhiana) Bullish Trend Reversa... Mumbai Black Matpe (Urad) Trending Higher / Next Resis...