MCX Mentha Oil Feb: Hold Long Positions 15 Feb 2017 9:51 am   0 Comments  |   Post Comment  |  Font Size A A A  MCX Mentha Oil Feb: Hold Long Positions Report for Date: 15/02/17 MCX Mentha Oil Feb (Price figures below are in Rs/INR per Kg) The trend up in Mentha oil futures on MCX. Feb 2017 Futures contract settled at Rs 1044.10 per Kg Tuesday. Hold long positions with a stop loss of 1024. Buy on dips to 1041-1034 levels as the opportunity arises. Expect higher levels of 1058 – 1070 to be tested in coming sessions. TREND INFORMATION WITH INTRA-DAY LEVELS STRATEGY CLOSE DRV TREND* Trend Price Trend Date L1 L2 CP L3 L4 Hold Long 1044.1 1027.5 UP 1027 7.02 1027.1 1037.8 1042.2 1048.5 1059.2 *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 1044.1 -0.1 337680 -45.0 3592 1.0 Indecisive Addition long/Short TECHINCAL INDICATORS TABLE RSI 1-ROC-RSI Stochastic 1-ROC- Stochastic MACD 1-ROC MACD RS 1-ROC RS 57.39 -0.60 82.66 -1.41 1.95 230.94 79.24 1.63 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. 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 Guar Gum (May 24) Bullish Trend / Buy on Dips / Key Su... Mentha Oil (Apr 24) Bearish Trend / Sell on Rise / Key... Guar Seed (May 24) Bullish Trend / Buy on Dips / Key S... Mentha Oil (Apr 24) Bearish Trend / Sell on Rise / Key... Guar Seed (May 24) Bullish Trend / Buy on Dips / Key S... more Top 5 News Guar Gum (May 24) Bullish Trend / Buy on Dips / Key Su... Cotton Candy (May 24) Bearish Trend / Sell on Rise / K... Mentha Oil (Apr 24) Bearish Trend / Sell on Rise / Key... Base Metals Zinc (Apr 24) Bullish Trend / Buy on Dips... Base Metals Lead (Apr 24) Bullish Trend / Buy at CMP ... Top 5 Special Reports Mumbai Masur Canada Crimson Container Weak Price Trend... Mustard Oil (Jaipur) Trending Lower / Next Support at ... Weekly: ICE cotton futures extend decline; no respite f... Weekly: ICE raw sugar futures post double digit price d... Canadian Lentil Prices Hit Record Highs, Outlook Remain...