NCDEX Chili Teja August: Expect Lower Range To Be Tested
Traders short and holding the same can maintain the stop loss at 9140.
Expect lower range of 8840-8660 to be tested.INTRA-DAY LEVELS FOR NCDEX CHILI TEJA AUG 15 CONTRACT
STRATEGY
CLOSE
DRV
TREND*
Trend Price
Trend Date
L1
L2
CP
L3
L4
Hold Short
8922.00
9123.78
DOWN
9420.00
20.07
8800.67
8878.67
8913.33
8956.67
9034.67
*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 Inc/Dec
Open Interest
% OI Inc/Dec
Candle
Position
8922
0.1122
35
-85.7143
1135
-1.3043
Indecisive
Unwinding
TECHINCAL INDICATORS TABLE
RSI
1-ROC-RSI
Stochastic
1-ROC-Stochastic
MACD
1-ROCMACD
RS
1-ROCRS
25.47
3.52
15.32
4.85
-141.93
-6.10
31.08
38.26
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.
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