NCDEX Guar seeds10 Oct: Expect Lower Range To Be Tested 23 Sep 2017 10:39 am   0 Comments  |   Post Comment  |  Font Size A A A  Report for Date: 25/09/2017 NCDEX Guar seeds10 Oct: Expect Lower Range To Be Tested The trend is down in Guar seed futures on NCDEX. Oct 2017 futures contract settled at Rs 3746 per quintal Friday. Expect lower levels of 3670 – 3580 to be tested. INTRA-DAY LEVELS FOR NCDEX GUAR SEED OCT 2017 CONTRACT STRATEGY CLOSE DRV TREND* Trend Price Trend Date L1 L2 CP L3 L4 Avoid Trade 3746 3850 DOWN 3742 14 3651 3716 3752 3781 3846 *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 3746.0 -0.1 104390 39.0 77190 -4.4 Indecisive Unwinding TECHINCAL INDICATORS TABLE RSI 1-ROC-RSI Stochastic 1-ROC- Stochastic MACD 1-ROC MACD RS 1-ROC RS 45.95 -0.26 67.02 15.11 -23.18 -6.23 46.61 -2.54 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) Neutral Trend / Buy at CMP / Price... Guar Seed (May 24) Bullish Trend / Buy at CMP / Key Su... Guar Gum (May 24) Bullish Trend / Buy at CMP / Key Sup... Mentha Oil (Apr 24) Neutral Trend / Buy at CMP / Price... Guar Seed (May 24) Bullish Trend / Buy at CMP / Key Su... 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...