NCDEX Soya Bean May 2018: Expect Lower Range To Be Tested 19 Apr 2018 8:25 am   0 Comments  |   Post Comment  |  Font Size A A A  Report For Date19/04/2018 NCDEX Soya Bean May 2018: Expect Lower Range To Be Tested NCDEX Soya Bean: (Price Are INR (Rs)/Quintal) Traders short and holding the same can maintain the stop loss at 3816. Exit long and sell on rise from 3751 to 3775 with a stop loss of 3816. Expect lower range of 3734-3693 to be tested. TREND INFORMATION WITH INTRA-DAY LEVEL CLOSE DRV TREND* Trend Price Trend Date L1 L2 CP L3 L4 3751.00 3820.87 DOWN 3798.0 16.04 3693 3734 3757 3775 3816 *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 can hold long position with DRV as the closing stop loss and close > DRV. Traders can hold short position with DRV as the closing stop loss and close < DRV. PRICE, VOLUME AND OPEN INTEREST STRATEGY LAST CLOSE PRICE G/L% VOLUME % V INC/DEC OPEN INTEREST % OI INC/DEC CANDLE POSITION 3751.0 -0.7 32380 -42.0 183380 -0.4 Negative Unwinding TECHNICAL INDICATORS TABLE RSI 1-ROC-RSI STOCHASTIC 1-ROC STOCHASTIC MACD 1-ROC MACD RS 1-ROC RS 41.89 -5.07 15.79 -18.73 -4.38 -310.05 40.08 -29.02 Note: UP Green= Shows Up Trend as Close > DRV (Pink Line), DN Red= Shows Down Trend as Close < DRV(Pink Line), Red Color Bar= Down Trend + Bandwidth Is Rising, Green Color Bars= Up Trend + Bandwidth Is Rising, Blue Color Bars= Sideways(Trend could be up or down + Bandwidth is falling), Pink Color line= DRV, V marked= Increase in Volume in relation to last few days. 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. Bandwidth Indicator= Helps to determine directional speed in the direction of the trend. Falling Bandwidth would indicates loss of momentum being witnessed or likely to be witnessed. Sideways movement may emerge or upside or downside could be locked until Bandwidth does not turn up. Rising Bandwidth can bring about directional momentum. 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 Castor Seed (May 24) Bearish Trend / Sell on Rise / Ke... Castor Seed (May 24) Bearish Trend / Sell on Rise / Ke... Castor Seed (May 24) Bearish Trend / Sell at CMP / Key... Castor Seed (May 24) Neutral Trend / Buy on Breakout /... Castor Seed (Apr 24) Neutral Trend / Buy on Breakout /... 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 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...