MCX Cotton Bales March: Further Rise Is Above 21090 15 Feb 2017 8:37 am   0 Comments  |   Post Comment  |  Font Size A A A  Report For Date: 15/02/2017 MCX Cotton Bales March: Further Rise Is Above 21090 MCX Cotton Bales: (Price in Rs/Per Bale) Traders by chance long can keep the stop loss at 20800. Further rise is above 21090. Traders can buy above 21090 with low of the day stop loss or 20890 whichever is lower. TREND INFORMATION WITH INTRA-DAY LEVELS STRATEGY CLOSE DRV TREND* Trend Price Trend Date L1 L2 CP L3 L4 Hold Long 20890.00 20548.77 UP 20290.0 17.01 20660 20820 20910 20980 21140 *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: Close <DRV. PRICE, VOLUME AND OPEN INTEREST STRATEGY Close PRICE G/L% VOLUME % V INC/DEC OPEN INTEREST % OI INC/DEC CANDLE POSITION 20890.0 -0.2 57230 -8.7 7377 7.1 Indecisive Addition long/Short TECHNICAL INDICATORS TABLE RSI 1-ROC-RSI STOCHASTIC 1-ROC- STOCHASTIC MACD 1-ROC MACD RS 1-ROC RS 60.90 -3.28 63.81 12.48 199.50 -3.56 83.71 1.16 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 Candy (May 24) Bearish Trend / Sell on Rise / K... Cotton Complex Kapas (Apr 24) Bearish Trend / Sell on... Cotton Candy (May 24) Bearish Trend / Sell on Rise / K... Cotton Complex Kapas (Apr 24) Bearish Trend / Sell on... Cotton Candy (May 24) Bearish Trend / Sell on Rise / K... more Top 5 News Cotton Candy (May 24) Bearish Trend / Sell on Rise / K... Base Metals Zinc (May 24) Bullish Trend / Buy on Dips... Mentha Oil (Apr 24) Neutral Trend / Buy on Breakout / ... Base Metals Lead (May 24) Bullish Trend / Buy on Dips... Base Metals Copper (May 24) Bullish Trend / Buy at CM... Top 5 Special Reports 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... Black Matpe Unpolished (AP) Consolidating in an Uptren... Castor Oil (Kadi) Weak Price Trend / Next Support at R...