Report For Date: 22/02/2019
NCDEX Castor Seed March 19: Further Rise Is Above 5406
NCDEX Castor Seed: (Price are in INR (Rs)/Quintal)
Hold long position with a stop loss of 5210.
Resistance will be at 5368-5450.
Higher range can be used to exit long till 5406 is not crossed.
TREND INFORMATION WITH INTRA-DAY LEVELS
CLOSE
|
DRV
|
TREND*
|
Trend
Price
|
Trend
Date
|
L1
|
L2
|
CP
|
L3
|
L4
|
5322.00
|
5270.09
|
UP
|
5298.00
|
20.02
|
5204.0
|
5286.0
|
5332.0
|
5368.0
|
5450.0
|
*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
|
5322.0
|
0.5
|
22075
|
24.3
|
140800
|
-1.8
|
Indecisive
|
Unwinding
|
TECHINCAL INDICATORS TABLE
RSI
|
1-ROC-RSI
|
Stochastic
|
1-ROC-
Stochastic
|
MACD
|
1-ROC
MACD
|
RS
|
1-ROC
RS
|
54.50
|
3.21
|
46.71
|
13.25
|
-6.93
|
49.80
|
71.04
|
6.61
|
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.