MCX Lead June: Movement Within The Band

Report for Date: 28/06/2016

MCX Lead June: Movement Within The Band

MCX Lead (Price figures below are in Rs/INR per Kg)

Wider band of movement is 118.30-113.

Oscillation around the DRV is being witnessed.

Directional movement can be seen once the movement is out of the band 118.3-113.

TREND INFORMATION WITH INTRA-DAY LEVELS

STRATEGY	CLOSE	DRV	TREND*	Trend Price	Trend Date	L1	L2	CP	L3	L4
Hold Short	115.2	116	DOWN	115.15	27.06	113.3	114.6	115.5	116.0	117.3

*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
115.2	-0.6	50920000	-17.5	2986	8.1	Negative	Addition Short

TECHINCAL INDICATORS TABLE

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RSI	1-ROC-RSI	Stochastic	1-ROC- Stochastic	MACD	1-ROC MACD	RS	1-ROC RS
48.47	-5.08	58.29	-12.79	0.01	-78.24	38.48
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