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9 Daily Newsletter- AGRI COMMODITY 26 AUG.2013


MARKET WRAP.  Guar seed, Guar gum:- Guar gum and Guar hit upper circuit of 4% on Monday.  Refined Oil: - NCDEX Refined Oil September contract is closed up by 2.32% on Monday.  Soybean:- NCDEX Soybean October contract closed @3535 up by 4% on Monday and hit upper circuit. Open:3415 High:3535 Low:3415 Close:3535  Coriander gains by 1.5% on strong demand: - NCDEX Dhaniya seed September contract closed up by -87 on Monday and registering Profit of 1.5% open: 5800 High: 5920 Low: 5769 Close: 5873  Chana prices higher on high buying activity: NCDEX Chana September contract is closed up by 1.12% on Monday.

INTRADAY VIEW.  Turmeric (Sep.):-Turmeric for September delivery may trade positive on Tuesday. Resistance:5200,5345.Support: 5000, 4825  NCDEX Castor seed (Sep.):-NCDEX Castor seed for September delivery may trade negative on Tuesday Resistance:3790,3860 Support: 3640, 3585

 Dhaniya Aug NCDEX: Consistent trades above 5100, expect the buying pressure to continue towards 5225/5185 levels.  NCDEX Chana September: - The trend in NCDEX Chana September delivery is positive and further up-tick is expected in the near term. For intra-day, support for the commodity is seen at 3100 while 3210 is the resistance. Traders may buy around 3140 with the stop loss of 3100 for the target of 3210 www.TheEquicom.com

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DAILY MARKET UPDATE COMMODITY SOYABEAN (18OCT 2013 )

P.CLOSE

LAST CLOSE

NET CHANGE % CHANGE

3399.00

3535.00

136.00

4.00

REFINED SOYA OIL (20AUG2013)

685.40

701.30

15.90

2.32

DHANIYA (20AUG2013 )

5786.00

5873.00

87.00

1.50

JEERA (20AUG2013 )

13492.00

13545.00

53.00

0.39

TURMERIC (20AUG2013 )

5094.00

5110.00

16.00

0.31

CHANA (20AUG2013 )

3136.00

3171.00

35.00

1.12

4616.00

4800.00

184.00

3.99

GUARGUM (18OCT 2013 )

12740.00

13250.00

510.00

4.00

CASTORSEED (20AUG2013 )

3732.00

3732.00

0.00

0.00

3533.00

3533.00

0.00

0.00

GUARSEED (18OCT 2013 )

RMSEED (20AUG2013 )

www.TheEquicom.com

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TECHNICAL VIEW SOYABEAN (18 Oct.) `

TREND STRATEGY

• UP TREND • BUY ON DIPS

RESISTANCE

• 3400 • 3345

SUPPORT

• 3400 • 3345

www.TheEquicom.com

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DHANIYA (20 SEP.) TREND STRATEGY

• CONSOLIDATE • BUY ON DIPS

RESISTANCE

• 6100 • 6280

SUPPORT

• 5550 • 5480

www.TheEquicom.com

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CHANA (SEP.) TREND STRATEGY

• CONSOLIDATE • BUY ON DIPS

RESISTANCE

• 2950 • 2985

SUPPORT

• 2870 • 2680

www.TheEquicom.com

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COMMODITY CONTRACT JEERA UNJHA

CASTORSEED

GUARSEED

REFINED OIL

September

October

September

September

CHANA

RMSEED

CHILLI

September

September

September

www.TheEquicom.com

RESISTANCE SUPPORT

TREND

STRATAGEY

R1:13800

S1: 13200

CONSOLIDATE

BUY ON DIPS

R2:13890

S2:13080

R1:3800

S1:3470

CONSOLIDATE

SELL ON HIGH

R2: 3885

S2:3390

R1: 5000

S1:4256

CONSOLIDATE

BUY ON DIPS

R2: 5230

S2: 4135

R1: 705.00

S1: 695.00

CONSOLIDATE

BUY ON DIPS

R2:711.00

S2: 690.00

R1: 3200

S1:3055

CONSOLIDATE

BUY ON DIPS

R2: 3320

S2: 2910

R1:3590

S1:3450

CONSOLIDATE

BUY ON DIPS

R2:3620

S2:3320

R1:5750

S1:5335

CONSOLIDATE

SELL ON HIGH

R2:5820

S2:5200

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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 tailor-made investment advice. TheEquicom recommends that investors independently evaluate particular investments and strategies, and encourages investors to seek the advice of a financial adviser. TheEquicom 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 NCDEX. The commodity 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 TheEquicom 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 Commodity and equity 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 JULY arise from the recommendations above. TheEquicom 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.

www.TheEquicom.com

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Daily agri commodity newsletter 27 aug  

Dhaniya Aug NCDEX: Consistent trades above 5100, expect the buying pressure to continue towards 5225/5185 levels. NCDEX Chana September:...

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