DAILY AGRI REPORT
23-APR-2014
NCDEX DAILY Newsletter 4
AGRI COMMODITY DAILY WRAP UP…..!!!!
JEERA FUTURE
Jeera futures are expected to trade lower due to...
NCDEX DAILY Newsletter 4
NCDEX DAILY TECHNICAL LEVELS
DHANIYA HOURLY CANDLESTICK CHART
Dhaniya daily chart shows bullish t...
NCDEX DAILY Newsletter 4
NCDEX DAILY TECHNICAL LEVELS
GUARSEED HOURLY CANDLESTICK CHART
Guarseed may daily chart breaks co...
NCDEX DAILY Newsletter 4
DISCLAIMER
The information and views in this report, our website & all the service we provide are...
NCDEX DAILY Newsletter 4
CONTACT US:
WWW.EPICRESEARCH.CO
Epic Research Private Limited Corporate Office
411 Milinda Manor ...
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Daily agri report 23 april 2014 by epic research

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Daily agri ncdex update gives through epic research ,its give accurate tips or price news about market for clients,this help they earn profit get return on own investment.

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Daily agri report 23 april 2014 by epic research

  1. 1. DAILY AGRI REPORT 23-APR-2014
  2. 2. NCDEX DAILY Newsletter 4 AGRI COMMODITY DAILY WRAP UP…..!!!! JEERA FUTURE Jeera futures are expected to trade lower due to selling pressure as arrivals of the new crop are rising sharply in spot markets. The off take is likely to remain limited due to expectation of high output on significant rise in sowing. However, expectations of pick up in export may limit sharp fall in prices. As per the latest data by Gujarat Agriculture Board, total acreage of jeera in the state has been increased by 1.05 lakh hectares from the last year to 4.54 lakh hectares. Traders estimated that total production of jeera is likely to increase by 10 lakh bags to around 46 lakh bags in the current year. CHANA FUTURE Chana rates firmed up further as domestic demand rose in the mandis and a fall in arrivals at these lower levels further supported the sentiments. Traders anticipate present rates to be on the lower side and expect demand to start picking up further in coming days. Slight fall in crop quality in Maharashtra, MP and Rajasthan have been reported. Prospects of demand rising ahead are likely to keep sentiments Bullish in the medium term though short term trend likely to remain volatile. REFINED SOYA FUTURE Refined Soya markets continued the firm sentiments due to good buying support and strong support from international market with supplies drying off from the major exporters. Soybeans rose the most in two weeks on speculation that increased demand will reduce supplies in the U.S. GUARSEED FUTURE Fundamentals had remained weak for last few months as huge carryover stocks from last year, low export demand and better sowing reports from good rains in Rajasthan, Haryana and Gujarat had kept prices down Even with higher stocks in domestic markets, reports indicate stocks in International markets which was high earlier, has fallen over last few months. 2 | P a g e WWW.EPICRESEARCH.CO CALL: +917316642300
  3. 3. NCDEX DAILY Newsletter 4 NCDEX DAILY TECHNICAL LEVELS DHANIYA HOURLY CANDLESTICK CHART Dhaniya daily chart shows bullish trend. once again dhaniya fall form upper level and consolidating in range RSI is above range.we are waiting for the closing of next trading session, trend is bullish Immediate support @ 9670 & Immediate resistance @ 9760.. R1--9765 R2-9817 S1-9624 S2-9535 TRADING STRATEGY: BUY DHANIYAABOVE 9760 TGTS 9790,9840 SL 9710 SELL DHANIYA BELOW 9670 TGTS 9640,9590 SL 9710 3 | P a g e WWW.EPICRESEARCH.CO CALL: +917316642300
  4. 4. NCDEX DAILY Newsletter 4 NCDEX DAILY TECHNICAL LEVELS GUARSEED HOURLY CANDLESTICK CHART Guarseed may daily chart breaks consolidation in upper side.expecting from here onwards guarseed price may go up Momentum indicators RSI is above mid range signs bullishness. In intraday basis immediate support @ 4950 & immediate resistance @ 5020. R1-5077 R2-5138 S1-4892 S2-4768 ITRADING STRATEGY: TRADING STRATEGY: BUY GUARSEED ABOVE 5020 TGTS 5050, 5100 SL 4970 SELL GUARSEED BELOW 4950 TGTS 4920,4870 SL 5000R 4 | P a g e WWW.EPICRESEARCH.CO CALL: +917316642300
  5. 5. NCDEX DAILY Newsletter 4 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. 5 | P a g e WWW.EPICRESEARCH.CO CALL: +917316642300
  6. 6. NCDEX DAILY Newsletter 4 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 | P a g e WWW.EPICRESEARCH.CO CALL: +917316642300
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