Ncdx Trading Tips

[adilsaleem]

I know that not many here are interested in mentha oil , being a beginer i would like to know if it has formed a double top. Even fundamentaly i have negative news on mentha

 

[Mareeche]

I know that not many here are interested in mentha oil , being a beginer i would like to know if it has formed a double top. Even fundamentaly i have negative news on mentha

Menthoil has become a very active and has become a very volatile commodity. But for traders this has been giving opportunities both sides as the trading range every day is quite high- sometimes as much as 100rs. So if you have the stomach for it, trade in it or else watch and enjoy..or do some paper trades

 

[abhishekhappian]

hello

can any one give levels for mentha oil either for shorying or for long positions

 

[abhishekhappian]

hello ncdexji

sir can u give a clear picture for urad feb contract as well as march contract.

wat will u suggest is it adviseable to go short urad feb march at these levels. i can hold positions for long time uptill their expiry.


waiting for ur advises .

 

[Mareeche]

Hi Abhishek

Ncdex had given in an earlier post about his bullish views on urad. So if you want to short it why not wait for higher rates to do so. Just an opinion....

 

[ncdx]

Well!!!!
Game of urad is now totally depends upon arrivals in various states..
as i mentioned in my earliar post to keep an eye on arrivals and vijaywada factor..
as in last few days vijaywada spot crashed around 250 rs on good arrivals.. + good arrivals were seen in andhra and assam..
demand here in local market is also sluggish..
now i am not feeling comfertable going long in these higher levels.. but shorting jan at this level may also b risky as u never know when the bulls jump
Its now sure that around 10000 ton urad will arrive from burma in FEB..
so shorting feb-march at higher levels can give a good chance..
So i think the rumour spread by the operators of 3000 may comes out to be false...but jan did reach almost 2800..
I would say better stay out from urad for a while becoz no clear trend is emerging..

Now in chana and tur i am hearing reports that maharashtra crop might not come in time and will b lower.. the recent huge jump in tur was the courtsey of this rumour..
if any reader has more on this news do post here..
becoz if this news is true than buying feb chana can b a good strategy as it is 200 rs low...

 

[ncdx]

Feb chana jumping and jumping and jumping

 

[aac3584]

Good For Selling

 

[dharmendra]

hi dear friends

i am new to this forum.and writing first time on this forum. i feel being honoured to get associated with this forum. i congratulate and traderji for pioneering this concept and putting in use.

now the news is about guarseed. the major long term breakout is being witness on chart for this it needs to cross 1725 (january) with heavy volumes. if it crosses that level then prices may zoomed to 1775 and might even cross 1800. so watch out for this event in next fed days.

regards,
dharmendra

 

[ncdx]

Good For Selling

Yup.. i am out and put money in my pocket @ 1845...
not thinking of short selling.. chana feb still has some heat left..