MCX Cardamom Oct: Exit Long Positions 26 Sep 2016 10:30 am   0 Comments  |   Post Comment  |  Font Size A A A  MCX Cardamom Oct: Exit Long Positions Report for Date: 26/09/16 The trend has turned down in last trading sessions in Cardamom futures on MCX. Oct 2016 futures contract has settled at Rs 1130.00 per kg Friday. Exit long positions at higher levels Rs 1137 – 1151 as opportunity arises. Expect a bull run continue only on rise and close above Rs. 1256. TREND INFORMATION WITH INTRA-DAY LEVELS STRATEGY CLOSE DRV TREND* Trend Price Trend Date L1 L2 CP L3 L4 Exit Long 1130.00 1148.20 DOWN 1138 21.09 1110 1124 1131 1137 1151 *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 Last Close Price G/L% Volume % V Inc/Dec Open Interest % OI Inc/Dec Candle Position 1130.0 -0.4 223 -26.2 0 0.0 Negative Unwinding TECHINCAL INDICATORS TABLE RSI 1-ROC-RSI Stochastic 1-ROC- Stochastic MACD 1-ROC MACD RS 1-ROC RS 48.53 -2.21 5.19 44.63 22.95 -17.86 35.12 -0.82 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 Turmeric (Jun 24) Bullish Trend / Buy on Dips / Key Su... Spices Jeera (May 24) Neutral Trend / Buy at CMP / Ke... Coriander (May 24) Bearish Trend / Sell at CMP / Key R... Turmeric (Jun 24) Bullish Trend / Buy on Dips / Key Su... Spices Jeera (May 24) Neutral Trend / Buy at CMP / Ke... more Top 5 News Cotton Candy (May 24) Bearish Trend / Sell on Rise / K... Mentha Oil (May 24) Neutral Trend / Buy on Breakout / ... Base Metals Zinc (May 24) Bullish Trend / Buy on Dips... Base Metals Lead (May 24) Bullish Trend / Buy on Dips... Base Metals Copper (May 24) Bullish Trend / Buy at CM... Top 5 Special Reports Desi Moong (Jaipur) Inflection Point: Retesting Key Re... Rajkot Groundnut Oil Loose Correction Underway / Next ... 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...