Ncdx Trading Tips

ncdx · #21 22nd August 2005, 01:56 PM

HE BHAGWAAAN....
GUAR KI MANDI(BEARS) WALE BARBAD HO GAYE.....
GUAR GUM RISES 500 Rs IN 5 Hrs TODAY AND GUAR SEED HAS JUMPED ALMOST 200 Rs SINCE SATURDAY CLOSING. THE SITUATION IS SO TERRIBLE THAT NCDX HAS TO SUSPEND TRADE IN BOTH COMMODITIES FRO A WHILE..THERE ARE NO SEELERS IN SELLERS SIDE.... TERRIBLE SITUATION...
TRADERS STAY AWAY IF U WANNA KEEP YOUR MARGIN ACCOUNT IN PLUS...

ncdx · #22 22nd August 2005, 02:10 PM

Quote:

Originally Posted by Mareeche

Yes Sir, Urad too looks on the upswing though I do not much follow this. As for Lemon Tur, I do not have any data about this commodity, so cannot comment on this. But your analysis or news concerning the market conditions of various commodities is very helpful. thankyou.

most welcome....

i would like to know what other commodities u follows or keep track??

ncdx · #23 22nd August 2005, 10:06 PM

>Guar seed is heading towards new highs... next level seen is spot Rs. 2000 per quintal...if sand storms continues in western Rajasthan..So trade with great caution...

>Today twice circuit was broken and trade was suspended.. total guar volumes including gum was at its all time high @ Rs. 4800 crores contributing 70% of total ncdx volumes... gold, silver, crude are nowhere near it..Clearly guar is king of all commodities in terms of volumes..

>Advise to small traders... "STAY AWAY"...

>Chana has gone up too much in too little time... one can short sell @ this value...

ncdx · #24 23rd August 2005, 10:35 PM

As expected... After the heavy bull run yesterday... The markets has crashed back to its original levels..
>Lemon tur... -50
>Chana.. -40
>Urad... -30

Guar bull rally may continue for some while...
Those who has short sell yesterday or today can book profits tommorrow..
A small pullback correction may come tommorow..

*****Trade with caution*****

Mareeche · #25 24th August 2005, 08:22 AM

I'm fairly new to commodities. I complement and thankyou on your excellent guidance on agri commodities to this forum members.

ncdx · #26 25th August 2005, 02:36 PM

*****Market Outlook for Aug 25******

>Chana: Has come out very stronger indeed. After seen some selling pressure.. bounced back with a bull rally.. that indicates very positive trend.. onr can buy ncdx oct in the range 1923-33
and look for target 1955-67 in short term..
*** Hint : if guar starts crashing , dont buy Chana....
I am very bullish in chana now in the longer term..

>Tur & urad markets are like dead almost..one can stay away for a while...
>If guar oct dosent closes above 2100 in short period.. v can see a huge selling pressure...

ncdx · #27 26th August 2005, 11:59 PM

***** Market outlook***** for aug 27

> Guar: Well well well...... I think Guar bull Has gone crazy.. Ncdx has taken all steps to stop it but all in vein.. all circuits has been broken again today.. rumors r heard that prices will touch that level no one has seen... "DONT BELIEVE RUMORS"...

>Chana: Looking very strong. One can buy oct @ 1915-25 level. Target 1980-95 in very short term..Chana rajasthan crop is also heard damaged just like guar.. so both r related..operators r commom both in guar and chana so keep track of both. Risk takers can buy @ these higher levels also.

*****my aug 25 target was met today.. has gone from 1921 to 1952 in a day*****

>Tur : Well Tur has already bankrupted lots of people.. Today Also it has seen heavy blood bath. So one can sell oct @ 1790-1805 levels. Target 1720-25. "DO NOT BUY" @CURRENT LEVELS

>Urad : Has lost its momentum.. After tur blood bath,, it s time for urad.. Sell around oct @ 1825-35 levels and hold long. can give 100 to 175 Rs profits. Local crop is on the way in september.. "DO NOT BUY" @CURRENT LEVELS

The reason is that Burmese exporters has come out of their bills and has started selling like crazy.. Therefor Tur and Urad fall will continue..plus local urad crop is comming soon to flood the markets..

ncdx · #28 30th August 2005, 08:33 PM

So as expected Chana has gone up.... oct contract has touched 1977.. and is trading around 1955-70 range now.. will not advise fresh buy @ this level. Market is very speculative now..
All pulses markets are looking very dull..better stay away for a while.

Tur & urad has only one way to go... "DOWN"
Tur has further fallen 70 Rs and Urad about 40 Rs.. Expect more fall..

Sand storms in Rajasthan are storming Guar prices... There is no sign in near future for the guar pricec to come down...

manish1412 · #29 31st August 2005, 01:42 AM

Hi ncdx

i am a member here, i have read ur tips and have found they are very corect.

indeed i would like to seek ur advice concerning chana,tur and maize.

since i am new commodity trader,i am more of a observer, i want ur advice concerning these items.

thanks

ncdx · #30 31st August 2005, 03:21 PM

Quote:

Originally Posted by manish1412

Hi ncdx

i am a member here, i have read ur tips and have found they are very corect.

indeed i would like to seek ur advice concerning chana,tur and maize.

since i am new commodity trader,i am more of a observer, i want ur advice concerning these items.

thanks

Well.....
I dont follow maize and thats not my trading area..
For chana and tur u can periodically read this thread..
Advise for new traders is trade through a very reputed strong adviser... This market is full of riks and losses..
one has to be very fast in decision making to make profits.
ok...

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