Soft(s) launch

[Mareeche]

Find none touched this thread so far..so why not kick start it

For starters is going to be Ref Soy oil chart.. views invited..Could be a good bet above 365

 

[Mareeche]

Well..very few seem to be interested in softs..

My picks for the week are turmeric,sugar and ref.soy. Keep a watch on these as I expect some upside in the above.

Expereinced members like ncdx, amarnath and others kindly give your views.
Thankyou

 

[Mareeche]

Menthoil

Menthoil appears to have given a breakout on the upside. One can go long for an initial target of atleast 452 (mcx oct series). Chart attached

 

[Mareeche]

Re: Menthoil

Menthoil Dec closed at 498 today

 

[Mareeche]

Ref Soy Oil (Nov ncdex) appears bullish to me. One can buy with strict stop of 345

 

[Mareeche]

Re: Menthoil

Menthoil touched a high of 526 !!!

 

[Mareeche]

Monster movement in Menthoil today. closed at 542.5....

 

[Mareeche]

No stopping the Monster Menthol. Today touched 575 or so. Looks very stretched but this is a very volatile commodity and few will have the guts to short it here.

 

[rangarajan]

Dear Mareeche,
I have been thinking of entering into commodities trading,but having starting problem.Could u pl give some introduction to a novice reg finer points,the jargons used,what one should look for in selecting a broker,the brokerage,what commodities to start with,where to look for upgrading the market knowledge,how diff it is from stock trading,etc
ranga

 

[Mareeche]

Hi
I'm sure you would get all the answers if you go through the other threads under commodities section as many of these have been adressed before by the participants.