Report For Date: 18/04/2018
NCDEX Castor Seed May: Further Weakness Is Below 4042
NCDEX Castor Seed: (Price are in INR (Rs)/Quintal)
Traders short and holding the same can maintain the stop loss of 4181.
Further weakness is below 4042.
Sell on fall below 4042 with high of the day stop loss or 4098 whichever is higher.
TREND INFORMATION WITH INTRA-DAY LEVELS
CLOSE
|
DRV
|
TREND*
|
Trend
Price
|
Trend
Date
|
L1
|
L2
|
CP
|
L3
|
L4
|
4098.00
|
4199.64
|
DOWN
|
N/A
|
N/A
|
4004
|
4063
|
4087
|
4122
|
4181
|
*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
|
4098.0
|
0.3
|
24860
|
87.3
|
74660
|
-4.1
|
Positive
|
Unwinding
|
TECHINCAL INDICATORS TABLE
RSI
|
1-ROC-RSI
|
Stochastic
|
1-ROC-
Stochastic
|
MACD
|
1-ROC
MACD
|
RS
|
1-ROC
RS
|
38.97
|
4.38
|
34.22
|
-30.39
|
-34.98
|
-4.19
|
37.54
|
22.63
|
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.