Ncdx Trading Tips

day_trader · #**401** 8th February 2006, 10:43 PM

Quote:

Originally Posted by amitkumar

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.......

I think u forget gold,silver, crude and metals which constitute 70% of volume

fallen with similar speed pulled up.

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

sona_mcx · #**402** 9th February 2006, 01:07 AM

Hello NCDEX

Where r u , 15 - 20 days over awaiting ur valuable return .

Anyway i have been hearing news that PEPPER WILL BE UP . So buying at any low will be good .

day_trader · #**403** 9th February 2006, 10:02 AM

Operator Rumour for today!!
Feb urad will b beaten...
but b careful in urad with stop losses..

day_trader · #**404** 9th February 2006, 03:41 PM

Bears squized again in urad. except feb all other contracts jumped more than 80 rs in fear of supply concerns. my view is shorts should b covered. bulls are back in urad. in the morning huge shorts were built up in feb. all shorters will b cursing themselves.

amitkumar · #**405** 9th February 2006, 04:37 PM

does anyone have any idea abt chana
will it go down in this month or not......please do reply

day_trader · #**406** 10th February 2006, 04:35 PM

Rumours of Rains in Burma.
enough news for urad to spike up fire

Mareeche · #**407** 11th February 2006, 09:20 AM

Quote:

Originally Posted by day_trader

Rumours of Rains in Burma.
enough news for urad to spike up fire

Yes..Urad looks like getting ready for a rise. Also in my opinion, Chilli also may rise while Guarseed looking weak.

Trade with strict stoploss.

Mareeche · #**408** 11th February 2006, 09:24 AM

Quote:

Originally Posted by amitkumar

does anyone have any idea abt chana
will it go down in this month or not......please do reply

Channa seems to be in a strong uptrend, but in a bit of an overbought state. Better to avoid this counter for the time being IMHO

amitkumar · #**409** 11th February 2006, 11:37 AM

thanks mareeche, and welcome back............where have u been all these days
anything abt soya oil

Mareeche · #**410** 11th February 2006, 12:49 PM

Quote:

Originally Posted by amitkumar

thanks mareeche, and welcome back............where have u been all these days
anything abt soya oil

Hi Amit. To me Ref Soy looks weak..Feb contract may see 355

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