MCX Crude Oil C1: Higher Range Is To Book Profits 20 Nov 2017 10:57 am   0 Comments  |   Post Comment  |  Font Size A A A  Report for Date: 20/11/2017 MCX Crude Oil November2017: Higher Range Is To Book Profits (Price figures below are in Rs/INR per Kg) Traders long and holding the same can maintain the stop loss at 3600. Expect higher range of 3663-3746-3909 to be tested. The supply zone is at 3723-3989. Expect the supply zone to be tested in near term to short and can be used to take profits on long position. TREND INFORMATION WITH WEEKLY LEVELS STRATEGY CLOSE DRV TREND* Trend Price Trend Date L1 L2 CP L3 L4 Book profit 3667.0 3358.5 UP 3191.0 15.09 3420 3583 3663 3746 3909 *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 is lower. PRICE, VOLUME AND OPEN INTEREST STRATEGY Last Close Price G/L% Volume V -G/L% Open Interest OI -G/L % Candle Position 3667.0 -1.2 55436600 -15.0 3360 -79.0 Indecisive Unwinding TECHINCAL INDICATORS TABLE RSI 1-ROC-RSI Stochastic 1-ROC- Stochastic MACD 1-ROC MACD RS 1-ROC RS 65.88 -3.56 88.17 -5.94 112.60 15.65 75.72 -6.50 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.   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 Domestic Weekly Technical Analysis *MCX : Crude Oil & Natural Gas Weekly Chart MCX : Crude Oil & Natural Gas Weekly Chart MCX : Crude Oil & Natural Gas Weekly Chart MCX : Crude Oil & Natural Gas Weekly Chart MCX : Crude Oil & Natural Gas Weekly Chart more Top 5 News NCDEX : Guar Gum & Guar Seed Weekly Chart NCDEX : Castor Seed Weekly Chart NCDEX Turmeric Weekly Chart* NCDEX : Dhaniya & Jeera Weekly Chart NCDEX : Cotton Seed & Kapas Weekly Chart Top 5 Special Reports Kadi (Gujarat) Cotton Seed Trading in a Range (Rs. 545... Soy Refined Oil (Indore) Trading Near Key Resistance (... US cotton net export sales for April 5-11 at 146,100 RB... US soybean net sales for April 5-11 at 485,800 MT, up 5... Black Matpe (Urad) SQ Burma (CNF$) Positive Trend / Ne...