login_img.jpg
Login ID:
Password:
Partner Login
Contact Us : 7066511911

Tur Dal vs. Desi Tur in Akola - A Comprehensive Spread Chart Analysis

5 Aug 2023 4:05 pm
 Comments 0 Comments  |  Comments Post Comment  |  Font Size A A A 
Mumbai, August 5 (CommoditiesControl): Tur Dal vs. Desi Tur in Akola - A Comprehensive Spread Chart Analysis

Key Insights:

Reference Range Stability: The analysis showcases that, since 2014, the reference range for the Tur Dal (Akola) vs Desi Tur (Akola) ratio spread has remained stable and well-defined between 1.30x to 1.50x. This stability indicates a consistent market pattern that traders can observe.

Recent Trend Shift: The spread appears to have turned higher from the lower threshold, with the latest readings registering near 1.31.

Potential for Expansion: Historical trends have been taken into account, reflecting the meaningful potential for the spread to expand from its current state.

Predicted Outperformance: The analysis results in a notable prediction that Tur Dal (Akola) may outperform Desi Tur (Akola) on a relative basis. In practical terms, this suggests that traders could consider selling raw Tur and buying Tur Dal to maximize their potential returns.

Trade Recommendation: On a relative trade basis, the analytical team recommends buying Tur Dal (Akola) and selling Desi Tur (Akola).







(By Commoditiescontrol Bureau: 09820130172)


       
  Rate this story 1 out of 52 out of 53 out of 54 out of 55 out of 5 Rated
0.0

   Post comment
Comment :

Note : This forum is moderated. We reserve the right to not publish and/or edit the comment on the site, if the comment is offensive, contains inappropriate data or violates our editorial policy.
Name :  
Email :  
   

Post Comment  

Latest Special Reports
Desi Moong (Jaipur) Inflection Point: Retesting Key Re...
Black Matpe Polished (AP) Consolidating Above Key Supp...
Black Matpe Unpolished (AP) Consolidating in an Uptren...
Akola Pigeon Pea (Tur) Desi Bilty Trending Higher / Ne...
Mumbai Masur Canada Crimson Container Weak Price Trend...
more
Top 5 News
Weekly: ICE cotton futures extend decline; little suppo...
Weekly: ICE raw sugar futures slid lower; increased sug...
Desi Moong (Jaipur) Inflection Point: Retesting Key Re...
Rajkot Groundnut Oil Loose Correction Underway / Next ...
US Cotton net export sales for April 12-18 at 177,100 R...
Top 5 Market Commentary
SPPOMA South Peninsular Mills palm oil performance 1-25...
NCDEX Stock position of commodities at NCCL approved wa...
Market Snapshot GLOBEX
Market Snapshot MCX - NCDEX
Oil Complex Daily Report 29-04-24
Copyright © CC Commodity Info Services LLP. All rights reserved.