amitkumar said:
which commodity is falling dear........chana raised to 200 rs in three days.......soya increased by 5 rs. wheat is positive......castorseed is positive.....chana will certainly go down by 300 rs.......
Remember one more rule. operator works against the sentiments. when every one start selling off chana blindly with the rumour that it will go down to 1550, rest is in front of you what happen in two days. And in urad and chana dont forget physical market is controlled by operators. so the spot prices that you see on the terminal is indirectly operator game.
for eg. daily avg arrival of chana lawrance road is 10 motors(100 ton) and that is the base spot quoting price. and chana daily avg volume on ncdex is aroud 10 LAKH tons of all contracts. so buying 10 motors chana at any price?? does it matter for large players