NCDEX Barley Sep : Expect Higher Levels To Be Tested 29 Aug 2015 1:18 pm   0 Comments  |   Post Comment  |  Font Size A A A  NCDEX Barley Sep : Expect Higher Levels To Be Tested Report For Date 31/08/2015 NCDEX Barley Sep (Price in Rs(INR)/Quintal) The trend has turned up in Barley futures on NCDEX. Sep 2015 futures contract has settled at Rs 1198.50 per quintal Friday. A breakout and close above 1172 has been seen. Expect a rise to 1220-1240 in coming sessions. TREND INFORMATION WITH INTRA-DAY LEVELS STRATEGY CLOSE DRV TREND* Trend Price Trend Date L1 L2 CP L3 L4 Hold Long 1198.5 1186.1 UP 1167.0 18.08 1163.8 1186.8 1198.2 1209.8 1232.8 *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 can hold long position with DRV as the closing stop loss and close > DRV. Traders can hold short position with DRV as the closing stop loss and close < DRV. PRICE, VOLUME AND OPEN INTEREST STRATEGY LAST CLOSE PRICE G/L% VOLUME % V INC/DEC OPEN INTEREST % OI INC/DEC CANDLE POSITION 1198.5 -0.62 2770 -3.48 16390.00 -3.30 Indecisive Unwinding TECHNICAL INDICATORS TABLE RSI 1-ROC-RSI STOCHASTIC 1-ROC- STOCHASTIC MACD 1-ROC MACD RS 1-ROC RS 53.67 -6.18 44.66 -24.98 0.61 294.92 48.86 -27.63 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		Top 5 News Cotton Candy (May 24) Bearish Trend / Sell on Rise / K... Mentha Oil (Apr 24) Bearish Trend / Sell on Rise / Key... Base Metals Zinc (May 24) Bullish Trend / Buy on Dips... Base Metals Lead (May 24) Bullish Trend / Buy at CMP ... Base Metals Copper (May 24) Bullish Trend / Buy at CM... Top 5 Special Reports Akola Pigeon Pea (Tur) Desi Bilty Trending Higher / Ne... Castor Oil (Kadi) Weak Price Trend / Next Support at R... 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...