Ncdex castorseed tips
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A trader entered into a castor seed futures contract on NCDEX on May 18th with the target of exiting on May 27th at a price of Rs. 3230, generating a profit of Rs. 8400. The document highlights a single target trade on castor seed futures from May 18th to 27th that achieved an amazing performance, with the price falling from Rs. 3307 to Rs. 3217, a difference of Rs. 90 per 100 quantity or Rs. 9000. It promotes a subscription service for commodity trading tips costing Rs. 4,999 that achieved a return 5 times the subscription amount on this single trade.
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The document discusses the materials and labor required to apply a 20mm thick external plaster over an area of 10 square meters. It calculates that 1.5 bags of cement and 0.15 cubic meters of sand will be needed, along with 2 masons, 1 male coolie, 1 female coolie, and 0.5 bhisties. The total material cost is estimated to be Rs. 590 and total labor cost as Rs. 2030, bringing the initial cost to Rs. 2620. Adding 1.5% for water charges and 20% contractor's profit, the final cost is calculated to be Rs. 3200, or Rs. 320 per square meter.
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