Ncdx Trading Tips

Mareeche · #**421** 20th February 2006, 11:02 PM

Quote:

Originally Posted by amitkumar

what happen guys .........why there are no postings on traderji now a days
are u all not trading in anything........come on guys cheer up......dont make this place boring

Yes Amit, This place has become rather inactive except the few people posting here. Guys like NCdex, Sona and other old timers have also suddenly gone silent. Lets all try to make this place more active and information packed. I will do my two bits too... cheers

Mareeche · #**422** 20th February 2006, 11:12 PM

Quote:

Originally Posted by day_trader

Yup, entirly agree
Urad going to fall and going to fall big time.
short sell and sleep. watch your margins doubling
but beware of march. shorting april and other contracts is good idea. i have written short april when it was around 2900. now 2650. and has more room downwords.

entering lemon at lower levels will b an excellent buying opportunity. it will definatly touch 2000 in near future.

Yes Day trader, your call to short April urad was very timely and a good call. REgarding a further fall of march contract, while this appears to be likely, what is puzzeling is that the open interest is also falling along with the price which technically does not make it very bearish. However my vote is for a further fall!

sona_mcx · #**423** 21st February 2006, 05:55 AM

Quote:

Originally Posted by Mareeche

Yes Amit, This place has become rather inactive except the few people posting here. Guys like NCdex, Sona and other old timers have also suddenly gone silent. Lets all try to make this place more active and information packed. I will do my two bits too... cheers

Hey Im still around , was just wondering what happened to this place . was just starting to get haunted . anyway , i made a post outside this section for those who did not see it i will paste the link below have a look .

I have been long awaiting for this thread to regain some life . NCDX is still awaited , does any one have any idea what has happened ???.

http://www.traderji.com/commodities/...html#post34357

sona_mcx · #**424** 21st February 2006, 07:04 AM

Crude prices shot up quite a bit inspite of the US holiday . We may be able to see some more price hike .

Here is the latest news update on the Nigeria Crisis .

http://news.bbc.co.uk/2/hi/business/4731366.stm

Mareeche · #**425** 21st February 2006, 07:55 AM

Quote:

Originally Posted by sona_mcx

Hey Im still around , was just wondering what happened to this place . was just starting to get haunted . anyway , i made a post outside this section for those who did not see it i will paste the link below have a look .

I have been long awaiting for this thread to regain some life . NCDX is still awaited , does any one have any idea what has happened ???.

http://www.traderji.com/commodities/...html#post34357

Thanks Sona ji, Good to see your posts again. Matter of fact soon after I made the earlier post, I noticed your contribution ouside this thread on crude. Absolutely no idea about ncdex ji either.

sona_mcx · #**426** 21st February 2006, 09:07 AM

SELL SOYOIL

The Bird flu has caused yesterdays fall in the REFSOYOIL prices . As long as the Bird flu is around we may see further down fall . There are further rumors that the duty on soyoil will not be hiked in the near term , so all the more reason for soyoil to move down .

myanmar trader · #**427** 21st February 2006, 09:54 AM

Today Further Fall In Urad In Myanmar As The Arrivals Is Very Heavy Market Couldnt Resist Over Here Beware Of Ncdex Any Moment There Is Big Down Fall Places Like Hintada,pyay Which Is The Biggest Growing Regions Of Urad In Myanmar Is Said To Double Crop Physical Cargo Is Going To Flood The Market Take Care We Can See This Time The Big Fall In Urad . Take Precautions Sellers Are Planning To Sell In A Big Way Dont Get Caught In Buying Side

amitkumar · #**428** 21st February 2006, 12:11 PM

hi guys, nice to see u back in action sona ji, any ways, soya refined may not go down any more as there is no stock on ports.......this bird flu rumour has lower it down but it may gain again,,,,,,,whats ur view sona ji

ncex · #**429** 21st February 2006, 12:24 PM

Quote:

Originally Posted by myanmar trader

Today Further Fall In Urad In Myanmar As The Arrivals Is Very Heavy Market Couldnt Resist Over Here Beware Of Ncdex Any Moment There Is Big Down Fall Places Like Hintada,pyay Which Is The Biggest Growing Regions Of Urad In Myanmar Is Said To Double Crop Physical Cargo Is Going To Flood The Market Take Care We Can See This Time The Big Fall In Urad . Take Precautions Sellers Are Planning To Sell In A Big Way Dont Get Caught In Buying Side

hai myanmar trader thanks for giving good advise today you are right market in myanmar side is going down physical cargo people are quoting very low cif prices for urad faq @500 cif mumbai . as iam a importer we are gettting scared to buy these cargoes as these cargo are already under loaded kindly give advise ur article is very nice keep it up.

india side also the new urad has started to arrive from andhra pradesh crop is excepted to be bumper

day_trader · #**430** 21st February 2006, 07:37 PM

As i suspected and from various reports, bull operators has jumped into urad march. Rumours of 3100-3200 are in the corner. Reports of myanmaar trader are very much true but the problem is till april 1 st week there will b very little arrival of physical stock here in mumbai. so march will b in full bull control.

if march moves higher april and other contracts may not remain bearish till 20 march expiry. So we can expect real bearish trend in urad untill any heavy load of cargo arrives on mumbai ports which is unlikely till 20 march.

Today huge open interest was built up with rising price in march. and today evening spot prices also shoots up to 2950 in mumbai and above 3100 in delhi with good buying pressure.
So operators can pull march to new levels. There for i think its better to cover shorts of april till bulls r in full force

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