Ncdx Trading Tips

[ncdx]

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

Any reason why it was beaten to helll few days a go

 

[dharmendra]

can anyone give me some idea about soya oil.what abt u ncdexji........you are a senior member and shud be knowing something about soya oil..........i have short sell a lot of soya oil @344.20 (january contract) what do u say abt it

hi vipinkumar,

i agree with chimpu that soya oil has been trading at very low rates. its been on continuous decline since 2 months. this was because of new crop of soyabean started to pour in market, weak domestic retail demand and negative news from the international market.

but now as soyabean arrivals has started to slow down and soyabean trading in totally new range with bullish perspective atleast for short term providing enough support to soyaoil. also international situation is also uncertain. so i think it is not advisable to remain short in commodity which has been falling continuosly. its heavy risky. as we have seen in urad it travelled nicely from 1800 to 3000. but crashed too fast from that so those long at 3000 must have regreted.

as i have observed i think it has bottomed out. the second thing that i noticed was that during recent upswing there was fall in open interest with significant number. it means people are covering there short position. so u might get some chance to earn profit to square off in dips before fresh buying
come in.

but this is my personal view. i dont want u to follow it blindly. nobody knows how market will behave in future.

so u should get out at lower levels from short position.

regards,
dharmendra

 

[ncdx]

can anyone give me some idea about soya oil.what abt u ncdexji........you are a senior member and shud be knowing something about soya oil..........i have short sell a lot of soya oil @344.20 (january contract) what do u say abt it

Sorry vipin,,
if u have read my previous posts i have written that i track only pulses markets becoz thats my family business since 3 generations..
so no comments on anything which i dono..
since operators are always there to kill u...how good your fundamentals and technicals may b.. we stand nowhere when these mad operators push/pull markets...
thats y stop loss trigger is a facility given where u can minimise the losses....

I hope Mareecheji and other readers can give a good tech/funda view on soya by charts..

 

[dharmendra]

hi friends,

anybody having any idea why wheat prices are roaring up. it's almost 50 Rs. up in two days. any fundamental and technical views are welcome. dear ncdxji do u follow wheat. having any ideas plz post your comments.

regards,
dharmendra

 

[rafay]

hi friends,

anybody having any idea why wheat prices are roaring up. it's almost 50 Rs. up in two days. any fundamental and technical views are welcome. dear ncdxji do u follow wheat. having any ideas plz post your comments.

regards,
dharmendra

Dear Dharm, Wheat prices had been falling from last few weeks b'coz of govt decision to import wheat. Agri minister says there is enough wheat in country. FCI has a BUFFER Stock of 8 mn tnne. Now news of decline in output has reachd the mkt, a decline of just 3 mn tn. So now Govt is planning to increase the wheat prices to clear the Buffer stock. Spot : 940/qt Fut Jan : 842/qt. Even Difference bet spt n fut is reduce frm 135 to 98. So it is likely that prices may go upto 875 or 900 level. Buy wheat March, which is in discount @ 827 (this is my personal view, don't go blindly, c the tech's). With Regards, Rafay

 

[trader31339]

Senior members,
which commodity is the traders favouritie commodity in Com market.Like nifty future is the best instrument of traders in stock market.

What is the daily range of the so called traders best commodity.Like nifty in stock market gives 15-20 points on daily basis and 50 points on weekly basis.

last what is this gaur i have heard many time.What is gaur called in common langauge? does it means jaggery( sugar canes derivative product)???

the one we say GUD in common life

 

[ncdx]

Rumours heard that ITC has also joined the operator group of chana... ITC is a major physical player in M.P of chana..

 

[Mareeche]

Ncdexji....What does this imply for channa? My personal view is its looking weak on chart and may see a downside. So is Guar seed.

 

[ncdx]

Ncdexji....What does this imply for channa? My personal view is its looking weak on chart and may see a downside. So is Guar seed.

Yup...
I more bearish in urad and little bearish in chana..
fundamental view is after jan 15 all markets can crash..
specially urad.. very good arrivals are coming in andhra, assam, other parts of country and burmese importers has also come out selling thier old stock at lower rates.. so we might see urad crashing slowly-2 to about 500-700 rs in long term..from feb-may period...
therefor SELL urad on every jump except jan....

 

[aac3584]

What Is About Mentha Oil ???