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                      WEEKLY AGRI REPORT
                      17TH DECEMBER 2012




WWW.EPICRESEARCH.CO                        9752199966
 HEADLINES


                       Turmeric gains colour on quality arrivals_blsnm

                         Spot turmeric prices increased by Rs 200 a quintal as
                         buyers preferred quality turmeric and quoted higher
                         prices.“Only few orders were received from North India,
                         so exporters and traders purchased limited stocks. But
                         they quoted a higher price for the hybrid and fine variety
                         turmeric and purchased reasonable stocks. Due to the
                         increase in the turmeric futures, stockiest purchased huge
                         stocks predicting that prices may increase substantially.
    TRADING TIP:        But studying the daily arrival, sales and other market
                         prices of turmeric, immediate rise in prices is unlikely,”
  BUY SOYABEAN          said R.K.V. Ravishankar, President, Erode Turmeric
                         Merchants Association. He said the hybrid variety fetched
   JAN ABOVE             a better price due to quality arrivals. The hybrid variety
   3443 TGTS             increased by Rs 560 a quintal on Thursday. Similarly, fine
                         variety turmeric also fetched an increased price of Rs
   3483/3543             200.
   SL-3393
                                     EXPERT OPINION
  SELL CHANA
   JAN BELOW               STOCK         S1       S2       R1          R2


   3916 TGTS               CHANA       3,897     3,847    4,016      4,085

                          RM SEED      4,030     3,971    4,179      4,269
   3876/3816
                          SOYABEAN     3,288     3,177    3,476      3,553
   SL 3866
                           JEERA       15,059   14,766   15,642      15,932




www.epicresearch.co                                               9752199966


                         WEEKLY MARKET ANALYSIS
PRODUCT EXP DATE           OPEN       HIGH      LOW       CLOSE       LTP      CHG     PERCENTAGE
  Pepper
 NAME                                                                                    CHANGE

     The pepper market headed north on Wednesday on good domestic demand amid limited
     supply, and as a result, the running contract December moved up to close at Rs -0.61
 CHANA        7/19/2012      4556      4573     4525       4560       4532      -28        39,300 a
     quintal. However, February showed a marginal decline, while March remained steady at
     previous7/19/2012
 CHILLI        levels. Good buying interest was 5018 from Bihar, Utter Pradesh, Delhi, -1.99
                             5060      5060      visible   5120       5018     -102        Mumbai,
     Gujarat and Madhya Pradesh, as demand has picked up for the winter/festival/wedding
     season in the upcountry regions,1188
   GUR        7/19/2012      1188       market. December 1183.5
                                                1178       contract on the NCDEX decreased by Rs
                                                                      1178     -5.5       -0.46
     290 a quintal to close at Rs 39,300 a quintal. February decreased by Rs 30 a quintal to close at
  JEERA 34,435 a quintal, while March remained unchanged at Rs 34,225 a quintal.
     Rs       7/19/2012     14955     14960     14650     15052.5    14800    -252.5      -1.68

   Chilli
 KAPAS       7/19/2012      1044      1053      1035       1049       1041       -8        -0.76
      Red chilli prices recovered by Rs 100 per quintal in the national capital today on fresh buying
 PEPPER stockiest to meet rising demand from 42250
      by     7/19/2012      42300     42555     exporters.42390
                                                            Restricted42435
                                                                       arrivals from producing belts
                                                                                  45        0.11
      also supported the upside in prices. Red chilli prices rose by Rs 100 to settle at Rs 6,400-
      11,900 per quintal. 780.5
REF SOYA     7/19/2012                783.6     777.4      782.85     781.3      -1.55       -0.2

   Turmeric
SOY BEAN     7/19/2012      4309      4330     4265.5      4303       4315      12         0.28
    Turmeric we have seen that market has moved 1.6% on some fresh overseas enquiries though
    higher inventories limited the upside. Expectations4664fresh supplies from the new season
TURMERIC    7/19/2012     4600      4676       4518         of        4540     -124         -2.66
    crop that would arrive from January could put pressure on jeera at higher prices. There are
    some enquiries from overseas buyers, but demand could improve more if prices stabilize at
 WHEAT      7/19/2012     1251      1282       1251       1246        1282      36           2.89
    these levels. Area under turmeric cultivation is lower this year due to scant rainfall during the
    planting season and a shift in acreage to other crops, but higher carry-forward stocks are
    expected to keep supplies firm. Turmeric production in 2012-13 is expected around 50-60%
    lower compared to last year's historical high of 90 lakh bags.

     .Jeera

    Jeera common and jeera best quality also increased by Rs 100 each to conclude at Rs 14,700-
    14,900 and Rs 17,600-18,100 per quintal, respectively The following are today's quotations:
    Ajwain 10,000-15,000, black pepper (per kg) 425-560, betelnut (kg) 160-195, cardamom
    brown-Jhundiwali (kg) 830-930.




     www.epicresearch.co                                                         9752199966
 WEEKLY SOYABEAN CHART




ANALYSIS
OPEN: 3260
HIGH: 3443
LOW: 3255
CLOSE: 3399

    SOYABEAN LOOKS UPWARDS
    TREND: BULLISH
    STRATEGY: BUY ON DIPS




   www.epicresearch.co                             9752199966
 WEEKLY CHANA CHART




ANALYSIS
OPEN: 3975
HIGH: 4035
LOW: 3916
CLOSE: 3947

    CHANA LOOKS DOWNWARDS
    TREND: BEARISH
    STRATEGY: SELL ON RISE




www.epicresearch.co                             9752199966
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. 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.




  www.epicresearch.co                                                                               9752199966

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WEEKLY AGRAI REPORT BY EPIC RESEARCH- 17 DECEMBER 2012 -

  • 1. WEEKLY AGRI REPORT 17TH DECEMBER 2012 WWW.EPICRESEARCH.CO 9752199966
  • 2.  HEADLINES  Turmeric gains colour on quality arrivals_blsnm Spot turmeric prices increased by Rs 200 a quintal as buyers preferred quality turmeric and quoted higher prices.“Only few orders were received from North India, so exporters and traders purchased limited stocks. But they quoted a higher price for the hybrid and fine variety turmeric and purchased reasonable stocks. Due to the increase in the turmeric futures, stockiest purchased huge stocks predicting that prices may increase substantially.  TRADING TIP: But studying the daily arrival, sales and other market prices of turmeric, immediate rise in prices is unlikely,”  BUY SOYABEAN said R.K.V. Ravishankar, President, Erode Turmeric Merchants Association. He said the hybrid variety fetched JAN ABOVE a better price due to quality arrivals. The hybrid variety 3443 TGTS increased by Rs 560 a quintal on Thursday. Similarly, fine variety turmeric also fetched an increased price of Rs 3483/3543 200. SL-3393 EXPERT OPINION  SELL CHANA JAN BELOW STOCK S1 S2 R1 R2 3916 TGTS CHANA 3,897 3,847 4,016 4,085 RM SEED 4,030 3,971 4,179 4,269 3876/3816 SOYABEAN 3,288 3,177 3,476 3,553 SL 3866 JEERA 15,059 14,766 15,642 15,932 www.epicresearch.co 9752199966
  • 3.  WEEKLY MARKET ANALYSIS PRODUCT EXP DATE OPEN HIGH LOW CLOSE LTP CHG PERCENTAGE  Pepper NAME CHANGE The pepper market headed north on Wednesday on good domestic demand amid limited supply, and as a result, the running contract December moved up to close at Rs -0.61 CHANA 7/19/2012 4556 4573 4525 4560 4532 -28 39,300 a quintal. However, February showed a marginal decline, while March remained steady at previous7/19/2012 CHILLI levels. Good buying interest was 5018 from Bihar, Utter Pradesh, Delhi, -1.99 5060 5060 visible 5120 5018 -102 Mumbai, Gujarat and Madhya Pradesh, as demand has picked up for the winter/festival/wedding season in the upcountry regions,1188 GUR 7/19/2012 1188 market. December 1183.5 1178 contract on the NCDEX decreased by Rs 1178 -5.5 -0.46 290 a quintal to close at Rs 39,300 a quintal. February decreased by Rs 30 a quintal to close at JEERA 34,435 a quintal, while March remained unchanged at Rs 34,225 a quintal. Rs 7/19/2012 14955 14960 14650 15052.5 14800 -252.5 -1.68  Chilli KAPAS 7/19/2012 1044 1053 1035 1049 1041 -8 -0.76 Red chilli prices recovered by Rs 100 per quintal in the national capital today on fresh buying PEPPER stockiest to meet rising demand from 42250 by 7/19/2012 42300 42555 exporters.42390 Restricted42435 arrivals from producing belts 45 0.11 also supported the upside in prices. Red chilli prices rose by Rs 100 to settle at Rs 6,400- 11,900 per quintal. 780.5 REF SOYA 7/19/2012 783.6 777.4 782.85 781.3 -1.55 -0.2  Turmeric SOY BEAN 7/19/2012 4309 4330 4265.5 4303 4315 12 0.28 Turmeric we have seen that market has moved 1.6% on some fresh overseas enquiries though higher inventories limited the upside. Expectations4664fresh supplies from the new season TURMERIC 7/19/2012 4600 4676 4518 of 4540 -124 -2.66 crop that would arrive from January could put pressure on jeera at higher prices. There are some enquiries from overseas buyers, but demand could improve more if prices stabilize at WHEAT 7/19/2012 1251 1282 1251 1246 1282 36 2.89 these levels. Area under turmeric cultivation is lower this year due to scant rainfall during the planting season and a shift in acreage to other crops, but higher carry-forward stocks are expected to keep supplies firm. Turmeric production in 2012-13 is expected around 50-60% lower compared to last year's historical high of 90 lakh bags. .Jeera Jeera common and jeera best quality also increased by Rs 100 each to conclude at Rs 14,700- 14,900 and Rs 17,600-18,100 per quintal, respectively The following are today's quotations: Ajwain 10,000-15,000, black pepper (per kg) 425-560, betelnut (kg) 160-195, cardamom brown-Jhundiwali (kg) 830-930. www.epicresearch.co 9752199966
  • 4.  WEEKLY SOYABEAN CHART ANALYSIS OPEN: 3260 HIGH: 3443 LOW: 3255 CLOSE: 3399  SOYABEAN LOOKS UPWARDS  TREND: BULLISH  STRATEGY: BUY ON DIPS www.epicresearch.co 9752199966
  • 5.  WEEKLY CHANA CHART ANALYSIS OPEN: 3975 HIGH: 4035 LOW: 3916 CLOSE: 3947  CHANA LOOKS DOWNWARDS  TREND: BEARISH  STRATEGY: SELL ON RISE www.epicresearch.co 9752199966
  • 6. 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. 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. www.epicresearch.co 9752199966