NCDEX Coc December: Expect Lower Range To Be Tested 26 Sep 2016 10:05 am   0 Comments  |   Post Comment  |  Font Size A A A  Report For Date:26/09/2016 NCDEX Coc December: Expect Lower Range To Be Tested NCDEX COC : ( Price in Rs/Quintal) Traders short and holding the same can revise down the stop loss to 2034. Exit long and sell on rise from 1992-2005 with a stop loss of 2034. Expect lower range of 1979-1953 to be tested. TREND INFORMATION WITH INTRA-DAY LEVELS STRATEGY CLOSE DRV TREND* Trend Price Trend Date L1 L2 CP L3 L4 Hold Short 1992.0 2019.4 DOWN 2020.0 20.09 1953 1979 1993 2005 2031 *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 1992.0 -0.5 33120 32.0 69140 4.9 Indecisive Addition long/Short TECHNICAL INDICATORS TABLE RSI 1-ROC-RSI STOCHASTIC 1-ROC STOCHASTIC MACD 1-ROC MACD RS 1-ROC RS 43.07 -3.91 10.41 -31.82 -13.77 -4.54 46.06 -2.40 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 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 :       Post Comment		Latest TechAnalysis Report Cotton Seed Oilcake (May 24) Bearish Trend / Sell on R... Cotton Seed Oilcake (May 24) Bearish Trend / Sell on R... Cotton Seed Oilcake (May 24) Bearish Trend / Sell on R... Cotton Seed Oilcake (May 24) Bearish Trend / Sell on R... Cotton Seed Oilcake (May 24) Bearish Trend / Sell on R... more Top 5 News Cotton Candy (May 24) Bearish Trend / Sell on Rise / K... Mentha Oil (May 24) Neutral Trend / Buy on Breakout / ... Base Metals Zinc (May 24) Bullish Trend / Buy on Dips... Base Metals Lead (May 24) Bullish Trend / Buy on Dips... Base Metals Copper (May 24) Bullish Trend / Buy at CM... Top 5 Special Reports Desi Moong (Jaipur) Inflection Point: Retesting Key Re... Rajkot Groundnut Oil Loose Correction Underway / Next ... US Cotton net export sales for April 12-18 at 177,100 R... US soybean net sales for April 12-18 at 210,900 MT, dow... Black Matpe Polished (AP) Consolidating Above Key Supp...