Report for Date: 26/09/2016
MCX Crude Oil October: Exit Long On The Rise
MCX Crude Oil (Price figures below are in Rs/INR per Kg)
Exit long on rise from 2978 to 3072 as the opportunity arises.
Expect lower range of 2925-2778.
TREND INFORMATION WITH INTRA-DAY LEVELS
STRATEGY
CLOSE
DRV
TREND*
Trend
Price
Date
L1
L2
CP
L3
L4
Hold Short
2978.00
3080.53
DOWN
2978.0
23.09
2778
2925
3020
3072
3219
*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 is lower.
PRICE, VOLUME AND OPEN INTEREST STRATEGY
Last Close
Price G/L%
Volume View Full Image
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