Page 1

DAILY AGRI REPORT 13-Jun-2014


NCDEX DAILY Newsletter

AGRI COMMODITY DAILY WRAP UP‌..!!!! CHANA FUTURE Chana futures may trade on a mixed note. Ample supplies, weak demand, rising stocks on the exchange warehouses, higher sowing of summer pulses and higher output in 2013-14 may keep prices under downside pressure. However, lower level buying coupled with pickup in demand from the millers and lower pulses target for 2014-15 on forecast of below normal monsoon by the IMD may support prices at lower levels. JEERA FUTURE According to state's agriculture department,Production of jeera in gujarat is seen rising by 36 percent on year in 2013-2014 to a record 319000 tonnes. Major downside will remain capped as jeera production is expected to fall in Syria and Turkey due to crop failure amid political unrest. TURMERIC FUTURE Turmeric futures declined tracking fall in major spot markets. Poor quality crop arrivals and reports of better sowing this year are seen pressurizing the prices. During 2013-14 turmeric export performance have seen decline compared to previous year in terms of volume but higher earnings. Rainfall occurred at many places over Kerala and at a few places over North interior Karnataka. Isolated rainfall occurred over Coastal Andhra Pradesh, Rayalaseema,Tamil Nadu, Coastal and South interior Karnataka. Dry weather prevailed over Telangana. SOYABEAN FUTURE Soybean futures are expected to trade on a negative note in the intraday. Weak overseas markets and poor soy meal export demand may keep prices under check. However, tight supplies and lower availability of seeds for sowing may support prices at lower levels.

2|Page WWW.EPICRESEARCH.CO CALL: +917316642300

4


NCDEX DAILY Newsletter

NCDEX DAILY TECHNICAL LEVELS DHANIYA HOURLY CANDLESTICK CHART

Dhaniya july daily chart Consolidating in upper range trend is bullish, trend is bullish RSI is above mid range Immediate support @ 10290 & Immediate resistance @ 10420.

R1-9629

R2-10671

PP-10389

S1-10246

S2-10107

TRADING STRATEGY: BUY DHANIYA JUL ABOVE 10420 TGTS 10450,10500 SL 10370 SELL DHANIYA JUL BELOW 10290 TGTS 10260,10210 SL 10340

3|Page WWW.EPICRESEARCH.CO CALL: +917316642300

4


NCDEX DAILY Newsletter

NCDEX DAILY TECHNICAL LEVELS GUARSEED HOURLY CANDLESTICK CHART

Guarseed daily chart, Price bounce from support level, expecting from here onwards guarseed price may go up Momentum indicators RSI is above mid range. In intraday basis immediate support @ 5315 & immediate resistance @ 5375.

R1-5375

R2-5490

PP-5305

S1-5235

S2-5120

ITRADING STRATEGY: TRADING STRATEGY: BUY GUARSEED JUL ABOVE 5375 TGTS 5405,5455 SL 5325 SELL GUARSEED JUL BELOW 5315 TGTS 5285,5235 SL 5365R

4|Page WWW.EPICRESEARCH.CO CALL: +917316642300

4


NCDEX DAILY Newsletter

DISCLAIMER The information and views in this report, our website & all the service we provide are believed to be reliable, but we do not accept any responsibility (or liability) for errors of fact or opinion. Users have the right to choose the product/s that suits them the most. Sincere efforts have been made to present the right investment perspective. The information contained herein is based on analysis and up on sources that we consider reliable. This material is for personal information and based upon it & takes no responsibility The information given herein should be treated as only factor, while making investment decision. The report does not provide individually tailormade investment advice. Epic research recommends that investors independently evaluate particular investments and strategies, and encourages investors to seek the advice of a financial adviser. Epic research shall not be responsible for any transaction conducted based on the information given in this report, which is in violation of rules and regulations of NSE and BSE. The share price projections shown are not necessarily indicative of future price performance. The information herein, together with all estimates and forecasts, can change without notice. Analyst or any person related to epic research might be holding positions in the stocks recommended. It is understood that anyone who is browsing through the site has done so at his free will and does not read any views expressed as a recommendation for which either the site or its owners or anyone can be held responsible for . Any surfing and reading of the information is the acceptance of this disclaimer. All Rights Reserved. Investment in equity & bullion market has its own risks. We, however, do not vouch for the accuracy or the completeness thereof. we are not responsible for any loss incurred whatsoever for any financial profits or loss which may arise from the recommendations above epic research does not purport to be an invitation or an offer to buy or sell any financial instrument. Our Clients (Paid or Unpaid), Any third party or anyone else have no rights to forward or share our calls or SMS or Report or Any Information Provided by us to/with anyone which is received directly or indirectly by them. If found so then Serious Legal Actions can be taken.

5|Page WWW.EPICRESEARCH.CO CALL: +917316642300

4


NCDEX DAILY Newsletter

CONTACT US: WWW.EPICRESEARCH.CO

Epic Research Private Limited Corporate Office 411 Milinda Manor (Suites 409 - 417) 2 RNT MargOpp Central Mall Indore (M.P.) Hotline: +91 731 664 2300 / 2427 / 2230 +91 97521 99966 Or give us a missed call at 026 5309 0639

6|Page WWW.EPICRESEARCH.CO CALL: +917316642300

4

Daily agri report 13 jun 2014 by epic research  
Daily agri report 13 jun 2014 by epic research  

Epic Research is an advisory firm which provides daily market updates, Tips for all segments and also support to analyse about market for in...

Advertisement