NCDEX Castor Seed July’17: Cover Short Positions 24 Jun 2017 10:31 am   0 Comments  |   Post Comment  |  Font Size A A A  Report For Date: 27/06/17 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 4256 per Quintal Friday. Cover short positions on dips to 4220 - 4180 levels or below as the opportunity arises. Expect a rise towards 4330 – 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 4256.00 4413.31 DOWN 4557 22.05 4065 4183 4227 4301 4419 *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 4256.0 2.5 33790 19.4 78610 -6.5 Positive Unwinding TECHINCAL INDICATORS TABLE RSI 1-ROC-RSI Stochastic 1-ROC- Stochastic MACD 1-ROC MACD RS 1-ROC RS 44.23 20.11 26.42 117.27 -71.70 3.54 48.15 100.96 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 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... Aluminium (Apr 24) Bullish Trend / Buy-on-Dips / Key S... Base Metals Lead (Apr 24) Bullish Trend / Buy on Dips... 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... Aluminium (Apr 24) Bullish Trend / Buy-on-Dips / Key S... Top 5 Special Reports Canadian Lentil Prices Hit Record Highs, Outlook Remain... Canadian Chickpea Prices Hit Record High, Outlook for 2... Canadian Dry Pea Market Sees Price Rise Despite Export ... Kadi (Gujarat) Cotton Seed Trading in a Range (Rs. 545... Soy Refined Oil (Indore) Trading Near Key Resistance (...