Ncdx Trading Tips

[vkmishra]

As per Mandi news, Expect imports from Thai (at low prices) and alos Burmese Urad good crop in Early March and June
Thus it seem Dec-Jan onwards, bearish trend will prevail. None the less the Rabi Crop from Andhra may add to preasure.

Keep up factors in mind before going LONG , ( medium term )

 

[ncdx]

Well traders i was on holiday for 2-3 days so couldnt post here...

Lets start with sona 's view.. very good pieace of information collected regarding Tamilnadu..
The Tamil story is like this.. Anna logo ko SQ(special quality) pasand aati hai to wo log FAQ( avg qlty) se door rehte hai.. ... SQ is directly imported in containers from burma to chennai... i culdnt give exact figure about Tamil Mishap... but yes damage has been done... so that was tamil story... but yes price movement of SQ urad does impact the FAQ prices also..

As far as market buzz in urad all the Voices are saying one thing.... "SELL ON EVERY JUMP".. except dec...
reason very good crop is expected in Andhra, Assam & Bengal... pakistan se bhi maal aaega...so i hav to agree with them

Lets come to Chana:
Dull Demand All market crashing to Chana ko bhi mandi me lapet liya... but ab jyada tezi ki bate karna bekar hai... chana me urad wali strategy use karni chahiye.. and these bears always spread rumors ki australia se vessal aa raha hai----- par pata nahi kab aaega... but pakistani containers are coming regularly..

Tur ka vessal aate hi pitayi ho gayi buri tarah..
for the info.. imported tur is costing to importers abt 1550-75.. so u can imagine wht gonna happen to tur..

jab sara bazar RED color me ho to guar ko to pitna hi padega .. i think theres too much premium in jan -feb contracts of guar compare to spot prices..so further chance of getting down..since there not much factors left in guar in this period..so its much of a speculators playground rather than demand/supply or weather..

So that was all the buzz...
very happy to see more & more viewers reading and posting to the thread...

Thanks to all..
NCDX

 

[Mareeche]

Hi all,

Nice reading about the debate going on the likely direction of Urad, Channa and others. Very good views of Sona and Ncdx and others as well giving thier points of opinion. Personally I am staying out of doing anything in the pulses as its too volatile and being heavily manipulated. My view is that there are no bullish indications in either chana or urad (technical view) but people who are short are also being hurt like the sudden jump in Urad a few days ago. All stops would have been triggered and a 100 or 200 rs stoploss is not for the faint hearted!! Best thing is to watch and enjoy!!

Another point I would like to ask is wont the cyclone have an impact on chilli production and thereby its prices. Reason is I'm a little bullish on this.Any views on this are welcome.

 

[Mareeche]

Chimpu, are you referring to Guar seed or Gum. In my view both are looking weak and could weaken further if they break important supports on which they are resting now. Might be a Good idea to go short in Guar Seed Dec with a stop of 1745.

 

[tulsiram_p]

Hi All

I Am Bullish On Chana But It Is Going Down Side . I Am Suffring Huge Loss In Chana I HAVE 2 LOT OF CHANA JAN @2100 WHAT SHOULD I DO PLESE GIVE ME SOME GUIDENCE
THANKS ALL

I THINK NCDXJI WILL HELP ME SOON

 

[ncdx]

Hi All

I Am Bullish On Chana But It Is Going Down Side . I Am Suffring Huge Loss In Chana I HAVE 2 LOT OF CHANA JAN @2100 WHAT SHOULD I DO PLESE GIVE ME SOME GUIDENCE
THANKS ALL

I THINK NCDXJI WILL HELP ME SOON

Are Tulsiramji aap kaha chana 2100 me fas gaye
bot dukh hota jab apne me se kisi ka loss hota hai..
i have written few post before STRICT STOP LOSS of 1995 of dec.. 1995 tutne ke baad abhi tak wapas bhav nahi aaya... Tulsiramji dec end me chana crop aa jaaegi and australia-pakistaan ka maal continue aa hi raha hai...
mane last post me hi likha tha ab chane me koi tezi nahi hai..

guar jaisa mane likha tha jan 1760 tutne ke baad iska bura haal hoga.. 50 aaj hi nikal gaye..

chana, urad,tur ya guar sab me ek hi strategy hai
"SELL IN EVERY JUMP"...
to hi kuch kamai ho sakti hai..

 

[Mareeche]

Yes..Chilli seems to have given a breakout as expected..

 

[ncdx]

Good bounce back after heavy correction... i think its more like short covering in chana & guar... both looks very positive today since morning.. not much activity in ready market..

 

[ncdx]

Reports of one more cyclone in costal regions of andhra and tamilnadu... lagta hai Indra dev tezi walo par meharbaan hai is baar....

 

[tulsiram_p]

Yes..Chilli seems to have given a breakout as expected..

hi

ur idea is gone true on chili
i want to sell it on 3200-3300 level , can i safe these level ?
please guide me