Login ID:
Password:
Partner Login
Contact Us : 7066511911

MCX Cardamom July: Accumulate

13 Jun 2018 12:07 pm
 Comments 0 Comments  |  Comments Post Comment  |  Font Size A A A 

Report For Date: 13 /06/2018




MCX Cardamom Oil (Price are in INR)


Accumulate at 951-933 with a stop loss of 896.

Expect higher range of 960-987 to be tested.

A rise towards 1057 is likely with volatility in due course of time.



TREND INFORMATION WITH INTRA-DAY LEVELS

CLOSE

DRV

TREND*

Trend

Price

Trend

Date

L1

L2

CP

L3

L4

951.00

903.28

UP

914.50

11.06

906

933

942

960

987


*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 -G/L%

OPEN INTEREST

OI -G/L %

CANDLE

POSITION

951.0

4.0

11000

52.8

233

16.5

Positive

Addition Long



TECHNICAL INDICATORS TABLE

RSI

1-ROC-RSI

STOCHASTIC

1-ROC

STOCHASTIC

MACD

1-ROC

MACD

RS

1-ROC

RS

53.34

29.99

85.02

61.63

-13.92

30.25

83.33

13.60





Note: Red Color Bar= Down Trend, Green Color Bars= Up Trend, Blue Color Bars= Sideways(Trend could be up or down), 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. Blue Color dots above the price are profit booking alerts. Purple dot on the charts are swing top/bottoms could be in place.

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 :  
   

Top | Post Comment  

Latest TechAnalysis Report
NCDEX Turmeric September: Expect Lower Range To Be Te...
NCDEX Jeera September 2018: Expect Lower Range To Be ...
MCX Cardamom September: Accumulate
NCDEX Dhaniya September : Expect Lower Range To Be T...
NCDEX Turmeric September: Sideways Volatility Around Dr...
more
Top 5 News
MCX Lead August: Cover Short Position
USD INR Spot: Expect Higher Range To Be Tested
MCX Barley September: Expect Higher Range To Be Teste...
NCDEX Wheat August: Higher Range Is To Exit Long
NCDEX Maize September : Correction Is Below 1296 Cl...
Top 5 Special Reports
Technical:Mumbai Matar Canada -Minor Correction For Con...
Technical: Mumbai Lemon Tur- Support/Consolidation At L...
India July Veg Oil Imports Down 27% Y/Y At 11.19 Lakh T...
India 2017-18 Spices Production Down 2.3% Y/Y At 8.4 Ml...
Weekly: Urad, Chana Gain Most This Week; White Pea Soft...
Copyright © CC Commodity Info Services LLP. All rights reserved.