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RUBBER Intraday Tips For 12 Dec 2018

Last update on 10 Dec 2018
RUBBER (EXP 14 Dec 2018) CMP-13229 currently close up side in intraday. It is likely to test resistance 8819.30 / 4409.65 / 8819.30. If it breaks below 4409.65 with volume then it may test lowerside supports, such as 8819.30 / 4409.65 / 8819.30.
INTRADAY SUPPORT AND RESISTANCE LEVELS
R4 8819.30
R3 4409.65
R2 8819.30
R1 6614.50
PP 4409.65
S1 6614.50
S2 8819.30
S3 4409.65
S4 8819.30
Last Day High 0
Last Day Low 0
Last Day Close 13229
Close up side
Always prefer to long if cross R2(with volume) and short if cross S2(with volume)