Report For Date 8/10/2015
NCDEX Coc December: Further Rise Is Above 1645
NCDEX COC :( Price in Rs/Quintal)
Hold long position with a stop loss of 1557.
Exit long on rise from 1630 to 1645 as the opportunity arises.
Re-enter long or buy above 1645 with low of the day stop loss or 1624 whichever is lower.
TREND INFORMATION WITH INTRA-DAY LEVELS
|
STRATEGY
|
CLOSE
|
DRV
|
TREND*
|
Trend
Price
|
Trend
Date
|
L1
|
L2
|
CP
|
L3
|
L4
|
|
Hold Long
|
1624.0
|
1579.7
|
UP
|
1593.0
|
1.10
|
1589
|
1614
|
1630
|
1639
|
1664
|
*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: a Close <DRV.
PRICE, VOLUME AND OPEN INTEREST STRATEGY
|
LAST CLOSE
|
PRICE G/L%
|
VOLUME
|
% V INC/DEC
|
OPEN INTEREST
|
% OI INC/DEC
|
CANDLE
|
POSITION
|
|
1624.0
|
0.4
|
50640
|
71.7
|
60980
|
8.6
|
Indecisive
|
Unwinding
|
TECHNICAL INDICATORS TABLE
|
RSI
|
1-ROC-RSI
|
STOCHASTIC
|
1-ROC
STOCHASTIC
|
MACD
|
1-ROC
MACD
|
RS
|
1-ROC
RS
|
|
64.40
|
2.07
|
84.25
|
-5.18
|
8.00
|
56.51
|
35.93
|
-3.10
|
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