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NCDEX Castor Seed November: Cover Short Position

18 Oct 2017 10:15 am
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Report For Date: 18/10/2017


NCDEX Castor Seed November: Cover Short Position

NCDEX Castor Seed: (Price are in INR (Rs)/Quintal)

Cover any pending short positions on dips to 4600 – 4570 levels or below as the opportunity arises.

Further fall is on close below 4540.

A sideways movement is likely to be seen in coming sessions before a decisive price action takes place.


TREND INFORMATION WITH INTRA-DAY LEVELS
STRATEGY CLOSE DRV TREND* Trend Price Trend Date L1 L2 CP L3 L4
Cover Short 4613 4645 SW 4628 4.10 4580 4603 4616 4626 4649


*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
4613.0 0.0 9200 -19.2 89920 -0.3 Indecisive Unwinding



TECHINCAL INDICATORS TABLE

RSI 1-ROC-RSI Stochastic 1-ROC- Stochastic MACD 1-ROC MACD RS 1-ROC RS
41.1 -0.5 74 3.3 -43 3.5 33.92 10.31







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.

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