login_img.jpg
Login ID:
Password:
Partner Login
Contact Us : 7066511911

NCDEX Chana Sep’17: Hold Long Positions

21 Aug 2017 9:59 am
 Comments 0 Comments  |  Comments Post Comment  |  Font Size A A A 

Report For Date: 21/08/17


NCDEX Chana Sep’17: Hold Long Positions

NCDEX Chana: (Price are in INR (Rs)/Quintal)

The trend is up in Chana futures on NCDEX.

Sep 2017 Futures contract settled at Rs 5562 per Quintal Friday.

Keep a stop loss of 5480 for any long positions.

Book profits on higher levels to 5640 – 5570 levels or above as the opportunity arises.

TREND INFORMATION WITH INTRA-DAY LEVELS
STRATEGY CLOSE DRV TREND* Trend Price Trend Date L1 L2 CP L3 L4
Hold Long 5562.00 5544.79 UP 5582 17.08 5404 5513 5574 5622 5731


*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
5562.0 -0.4 35510 -1.4 14670 0.3 Indecisive Addition long/Short







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 1 out of 52 out of 53 out of 54 out of 55 out of 5 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) 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
Kadi (Gujarat) Cotton Seed Trading in a Range (Rs. 545...
Soy Refined Oil (Indore) Trading Near Key Resistance (...
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...
Copyright © CC Commodity Info Services LLP. All rights reserved.