Traderji.com - Discussion forum for Stocks Commodities & Forex

Mentha Oil

Discuss Mentha Oil at the Commodities within the Traderji.com - Discussion forum for Stocks Commodities & Forex; Dear Viewers , What is the story behind huge fall ? Where is the support ...


Go Back   Traderji.com - Discussion forum for Stocks Commodities & Forex > THE MARKETS > Commodities

Notices

Commodities General commodities talk, news, views, trends and analysis.


Advertise Here

Reply
 
Thread Tools
Sponsored Links
  #1  
Old 19th February 2006, 05:25 PM
Member
 
Join Date: Jan 2005
Posts: 24
Appreciation: 20
raj69 is on a distinguished road
Default Mentha Oil

Dear Viewers ,
What is the story behind huge fall ? Where is the support ? What are long term targets ?
Reply With Quote
  #2  
Old 20th February 2006, 01:40 AM
Member
 
Join Date: Oct 2005
Posts: 53
Appreciation: 20
sona_mcx is on a distinguished road
Default Re: Mentha Oil

The normal trading range of Mentha is 450 to 550 , what has happened the past few months is pure speculation . From here on its risky , as it could go in any Direction . Last month i gave an advise to short Mentha at about 920.
From here i would not advise trading in Mentha .
Reply With Quote
  #3  
Old 23rd February 2006, 08:13 PM
Member
 
Join Date: Jan 2006
Posts: 3
Appreciation: 20
impex_investment is on a distinguished road
Default Re: Mentha Oil

heloo sona

plese send me detail of silver and gold and crude and all commodity trading tips ple

hitesh
Reply With Quote
  #4  
Old 24th February 2006, 04:17 PM
Member
 
Join Date: Aug 2005
Posts: 21
Appreciation: 23
vkmishra is on a distinguished road
Default Re: Mentha Oil

There is no great reason behind Mentha fall. All knew a cartel of speculators was behind the rise and the momentum created pulled it still ahead.

The cartel then played the final game, when the intimated the NCDEX that they wanted to give delivery of about 2000 lots ie. about 350,000 kgs in the February expiry contract.

Note that 80% of volume in Mentha is in MCX and only 20% in NCDEX. Thus delivery could or may have been absorbed in MCX but in NCDEX definitely no.

This created panic in the market. ,,, and lead to cartel and bears having the last laugh.
Reply With Quote
  #5  
Old 24th February 2006, 07:02 PM
Member
 
Join Date: Feb 2006
Posts: 15
Appreciation: 20
nanabala is on a distinguished road
Default Re: Mentha Oil

Hi Hitesh,,

This is my response to your querry related to Crude, Gold and Silver....

Factors influencing price

Crude:

1. US inventory data: Today, there is enough reserves wrt Crude, Gasoline. Though there was a decrease in production due to Hurricane, it is well above than previous year...

2. Geo Political Tensions: Russia & IRAN talks ( result shall come anytime) and Visit of China to Iran ( Iran is the largest supplier to China)....

3. Decision of OPEC, to lessen the production might lead to consolidate at 60 - 62 $ per barrel...Wait for a direction...

Gold:

1. There is strike going on in one of the worlds leading Gold & Copper prodution houses....

2. Japan Govt. decided to curtail the deflation and is planning to increase the interest rate... This will control the inflation.....which means lesser pressure on Gold..

3. The demand for GOLD is decreasing from Consumers....

4. Dollar has stregthened..

So you can expect a short term price of $ 525......CMP is around $ 553..

Again, I am NOT suggesting you to go SHORT....But I can surely tell you to wait for some time before Going LONG......Cos.....I am bullish in the Long Run.... JUST WATCH IT
Reply With Quote
  #6  
Old 25th February 2006, 03:02 PM
Member
 
Join Date: Jan 2006
Location: Mumbai
Posts: 22
Appreciation: 20
leoboy is on a distinguished road
Arrow Re: Mentha Oil

Hi All
I can suggest something on MenthaOil.
I do regular jobbing in MenthaOil.
My daily volume is appx. 200 to 230 lots.
BEST WAY TO DO IS THIS ONLY.
MENTHA OIL IS NOT FOR INVESTMENT TARGETS.
GOOD LUCK.
Reply With Quote
  #7  
Old 25th February 2006, 06:32 PM
Member
 
Join Date: Oct 2004
Location:
Posts: 172
Appreciation: 20
Mareeche is on a distinguished road
Default Re: Mentha Oil

Quote:
Originally Posted by leoboy
Hi All
I can suggest something on MenthaOil.
I do regular jobbing in MenthaOil.
My daily volume is appx. 200 to 230 lots.
BEST WAY TO DO IS THIS ONLY.
MENTHA OIL IS NOT FOR INVESTMENT TARGETS.
GOOD LUCK.
I presume you are successful in intraday menthol scalping. For this needless to say your brokerage structure should be very attractive. Secondly if you have no objection, I would like to know the parameters you use in doing this . (perhaps you must be using live intraday data for this). Thankyou
Reply With Quote
  #8  
Old 4th March 2006, 04:56 PM
Member
 
Join Date: Jan 2006
Location: Mumbai
Posts: 22
Appreciation: 20
leoboy is on a distinguished road
Arrow Re: Mentha Oil

Hi All
My view for MenthaOil.
Short 1Lot Mentha(May) between Rs.450-Rs.475.
If it crosses Rs.500. Short 1Lot between Rs.515-Rs.525.
Expected price Rs.410.
Time period-4weeks.
GoodLuck
Reply With Quote
  #9  
Old 4th March 2006, 05:07 PM
Member
 
Join Date: Oct 2004
Location:
Posts: 172
Appreciation: 20
Mareeche is on a distinguished road
Default Re: Mentha Oil

[quote=leoboy]Hi All
My view for MenthaOil.
Short 1Lot Mentha(May) between Rs.450-Rs.475.
If it crosses Rs.500. Short 1Lot between Rs.515-Rs.525.
Expected price Rs.410.
Time period-4weeks.
GoodLuck
[/QUOTE



Seems you like to play with fire
Reply With Quote
  #10  
Old 4th March 2006, 11:38 PM
Member
 
Join Date: Oct 2005
Posts: 53
Appreciation: 20
sona_mcx is on a distinguished road
Default Re: Mentha Oil

Quote:
Originally Posted by sona_mcx
The normal trading range of Mentha is 450 to 550 , what has happened the past few months is pure speculation . From here on its risky , as it could go in any Direction . Last month i gave an advise to short Mentha at about 920.
From here i would not advise trading in Mentha .

AVOID MENTHAOIL IF U VALUE UR MONEY
Reply With Quote
Sponsored Links


Reply

Bookmarks


Advertise Here


Thread Tools

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off

Similar Threads for: Mentha Oil
Thread Thread Starter Forum Replies Last Post
Mentha Oil Dec Future rafay Commodities 7 12th December 2006 06:09 PM


All times are GMT +5.5. The time now is 01:52 AM.

Indemnity, Disclaimer & Disclosure Notice:
• By visiting Traderji.com you indicate your acceptance of our Forum Rules Disclaimer & Disclosure and indemnify Traderji.com, its associates and related parties of all claims howsoever resulting from the usage of the forum.
Disclaimer: Trading or investing in stocks & commodities is a high risk activity. Any action you choose to take in the markets is totally your own responsibility. Traderji.com will not be liable for any, direct or indirect, consequential or incidental damages or loss arising out of the use of this information.
Disclosure: The information in this forum is neither an offer to sell nor solicitation to buy any of the securities mentioned herein. The writers may or may not be trading in the securities mentioned.
• All names or products mentioned are trademarks or registered trademarks of their respective owners.
General Content Disclaimer Notice:
In light of our policy of encouraging candid, open exchanges of views and the rapid distribution of information originating from many sources, Traderji.com cannot determine the accuracy of information that may be uploaded to the forum. Opinions, advice and all other information expressed by participants in discussions are those of the author. You rely on such information at your own risk. You are urged to seek professional advice for specific, individual situations and not rely solely on advice or opinions given in the discussions. Since Traderji.com is an open and free discussion forum, any comments made by members of this forum in their posts reflect their own views and not of the owner or administrator of Traderji.com. Thus the owner/administrator indemnify themselves of all claims whatsoever and will not be liable or responsible for any members comments/views in this forum Traderji.com. If you find any objectionable or offensive posts made by members of this forum which you would like to bring to our notice for removal then please Contact Us.
 


Copyright © 2001 - 2008, Traderji.com All Rights Reserved.

Recommended Websites - www.TradersEdgeIndia.com - www.TradingPicks.com - www.MasterOfTrading.com