Report for Date: 28/09/2016
MCX Zinc September: Exit Long On The Rise
MCX Zinc (Price figures below are in Rs/INR per Kg)
Hold long position with a stop loss of 149.
Exit long on rise from 153-155.2-159.20.
TREND INFORMATION WITH INTRA-DAY LEVELS
STRATEGY
CLOSE
DRV
TREND*
Trend
Price
Trend
Date
L1
L2
CP
L3
L4
Hold Long
153.10
151.99
UP
152.1
26.09
147.1
151.1
153.2
155.2
159.2
*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
153.1
0.7
160044992
53.5
6950
13.2
Indecisive
Unwinding
TECHINCAL INDICATORS TABLE
RSI
1-ROC-RSI
Stochastic
1-ROC-
Stochastic
MACD
1-ROC
MACD
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