Ncdx Trading Tips

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Mareeche said:
Today I'm looking at Urad and Tur on the buy side. Any ideas?

PS:please place strict stoploss for saftey

Great call, Thumbs UP.

Its almost 5 months urad killing shorts on every expiry and in between. It so much gripped by bulls that u never know what happen next day? arrivals of crops and vessals are non event for bulls now.

anyways, one should keep a strong eye on weather covering all india, that can play a major factor coming days.i am seeing 3 days rains forcast in andhra so watch out for urad!!

Chana also rumors of jumping around 100 rs on bad weather concerns in MP.

take care.
 
Chilli prices may go up sharply as spot markets is
very strong and prices are quoting at Rs. 3850 to
Rs. 4000 per quintal. Today’s arrivals are 40000
bags. However there was no affect of rain in the
market, only crop has been delayed. Huge domestic
demand and lower supply can lead to further rise in
the prices.

News of quality damage in Turmeric
crop in Nizamabad can lead to sharp rise in the
prices. Today’s arrivals are only 5000 bags
compared to 10000 bags last week. Market will be
closed till 17 of this month due to HOLI festivals.
So, prices are expected to shoot up further.

BUY Chilli
BUY Turmeric
 
pdsr_s said:
1)Sell Chilli @3988 April and Book Profit on 3850 - 2 Weeks
2)Sell Gold MCX we can get Good profit:mad:
Thankyou for your post.
Its good to see more people participating in this thread.

It would be of great help for boarders to take independent decisions on the recommendations if they are backed up with some information, fundamental or technical. or even if it from some source, this can be mentioned..the above will help one to take a more informed view of the market.

I too on my part will try to post charts whenever I can.
 
Hello Sir ,
I meant to ask that I have short position in Urad march contract @2509 .So will i get the Chance to get rid out of it .That News gave me the idea but I wanted to hear from you .
Warm Regards
Ankit Rastogi
 
AnkitRastogi said:
Hello Sir ,
I meant to ask that I have short position in Urad march contract @2509 .So will i get the Chance to get rid out of it .That News gave me the idea but I wanted to hear from you .
Warm Regards
Ankit Rastogi
My god u r in trouble!!!
just pray that someone puts huge delevery in march contract and long positions being squashed like what happened in chana feb expiry locked in 9% down ckt.
since u r holding ur positions since so long, just wait for expiry and pray for good delevery, otherwise :eek:
u can roll over to april or may.
 
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