WEEKLY AGRI REPORT BY EPIC RESEARCH-19 NOVEMBER 2012

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WEEKLY AGRI REPORT BY EPIC RESEARCH-19 NOVEMBER 2012

  1. 1. WEEKLY AGRI REPORT 19TH NOVEMBER 2012WWW.EPICRESEARCH.CO 9752199966
  2. 2.  HEADLINES  Jeera futures prices fall 1.29% on weak overseas demand Jeera prices fell by Rs 190 to Rs 14,490 per quintal in futures trading. Trader’s offloaded positions, triggered by weak overseas demand. At the National Commodity and Derivatives Exchange, jeera for delivery in November fell by Rs 190, or 1.29 per cent, to Rs 14,490 per quintal, with an open interest of 366 lots. Similarly, the spice for delivery in December traded lower by Rs 102.50, or 0.68  TRADING TIP: per cent, to Rs 14,890 per quintal, with an open interest of 17,688 lots. Market men said offloading of positions by  Sell jeera Dec speculators tracking weak overseas demand mainly led to a fall in jeera prices at futures market. Below 14900 TGTS 14700/14450 SL-15040 EXPERT OPINION  Buy Chana Dec STOCK S1 S2 R1 R2 CHANA 4330 4262 4434 4470 Above 4405 RM SEED 4208 4122 4352 4410 TGTS 4485/4505 SOYABEAN 3204 3162 3299 3352 SL- 4345 JEERA 14601 14372 15188 15546www.epicresearch.co 9752199966
  3. 3.  WEEKLY MARKET ANALYSIS PRODUCT EXP DATE OPEN HIGH LOW CLOSE LTP CHG PERCENTAGE NAME CHANGE  Pepper CHANA 7/19/2012 4556 4573 4525 4560 4532 -28 -0.61 Pepper prices rose by Rs 355 to Rs 41,740 per quintal in futures trade today as speculators CHILLI 7/19/2012 5060 5060 5018 5120 5018 -102 -1.99 created fresh positions amid rising spot market demand. At the National Commodity and Derivatives Exchange, pepper for delivery in November rose by Rs 355, or 0.86 per cent, to GUR 7/19/2012 1188 1188 1178 1183.5 1178 -5.5 -0.46 Rs 41,740 per quintal, with an open interest of 1,403 lots. However, spice for delivery in December held steady at Rs 40,855 per quintal, with an open interest of 5,757 lots. Market JEERA 7/19/2012 14955 14960 14650 15052.5 14800 -252.5 -1.68 men said an improvement in demand in the spot market mainly pushed up pepper prices at futures trade. KAPAS 7/19/2012 1044 1053 1035 1049 1041 -8 -0.76  Chilli PEPPER 7/19/2012 42300 42555 42250 42390 42435 45 0.11 Strong demand and tight supply, chilli prices surged by Rs 136 to Rs 6,030 per quintal in futures trade. At the National Commodity and Derivatives Exchange, chilli for delivery in REF SOYA 7/19/2012 780.5 783.6 777.4 782.85 781.3 -1.55 -0.2 March surged by Rs 136, or 2.31 per cent, to Rs 6,030 per quintal, with an open interest of 910 lots. Similarly, the spice for delivery in December shot up by Rs 112, or 2.23 per cent, to SOY BEAN 7/19/2012 4309 4330 4265.5 4303 4315 12 0.28 Rs 5,124 per quintal, with an open interest of 5,420 lots. Market men said besides strong demand in the spot market following festive season, lower arrivals from producing belts TURMERIC 7/19/2012 4600 4676 4518 4664 4540 -124 -2.66 mainly led to an upsurge in chilli prices at futures market.  Turmeric WHEAT 7/19/2012 1251 1282 1251 1246 1282 36 2.89 An unresponsive demand in the physical market and weak demand from the overseas traders following adequate supply influenced the prices. The contract for November delivery was trading at Rs 5350.00, down by 0.96% or Rs 52.00 from its previous closing of Rs 5402.00. The open interest of the contract stood at 2540 lots. The contract for December delivery was trading at Rs 5146.00, down by 2.57% or Rs 136.00 from its previous closing of Rs 5282.00. The open interest of the contract stood at 17760. Jeera Jeera prices rose by 0.69 per cent to Rs 15,275 per quintal in futures trade as speculators enlarged positions, driven by a firm spot markets trend on pickup in demand against tight supplies. At the National Commodity and Derivatives Exchange, jeera for delivery in December rose by Rs 105, or 0.69 per cent, to Rs 15,275 per quintal, with an open interest of 17,949 lots. Similarly, the spice for delivery in March gained Rs 87.50, or 0.55 per cent, to Rs 15,925 per quintal, with an open interest of 3,450 lots.www.epicresearch.co 9752199966
  4. 4.  WEEKLY SOYABEAN CHARTANALYSISOPEN: 3245HIGH: 3311LOW: 3216CLOSE: 3246  SOYABEAN LOOKS DOWNWARDS  TREND: BEARISH  STRATEGY: SELL ON RISE www.epicresearch.co 9752199966
  5. 5.  WEEKLY CHANA CHARTANALYSISOPEN: 4316HIGH: 4403LOW: 4299CLOSE: 4398  CHANA LOOKS UPWARDS  TREND: BULLISH  STRATEGY: BUY ON DIPSwww.epicresearch.co 9752199966
  6. 6. DisclaimerThe information and views in this report, our website & all the service we provide are believed to be reliable, but wedo not accept any responsibility (or liability) for errors of fact or opinion. Users have the right to choose the product/sthat suits them the most.Sincere efforts have been made to present the right investment perspective. The information contained herein isbased 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 notprovide individually tailor-made investment advice. Epic research recommends that investors independently evaluateparticular investments and strategies, and encourages investors to seek the advice of a financial adviser. Epic researchshall not be responsible for any transaction conducted based on the information given in this report, which is inviolation 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 researchmight be holding positions in the stocks recommended. It is understood that anyone who is browsing through the sitehas done so at his free will and does not read any views expressed as a recommendation for which either the siteor its owners or anyone can be held responsible for . Any surfing and reading of the information is the acceptance ofthis 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 incurredwhatsoever for any financial profits or loss which may arise from the recommendations above epic research doesnot purport to be an invitation or an offer to buy or sell any financial instrument. Our Clients (Paid Or Unpaid), Anythird party or anyone else have no rights to forward or share our calls or SMS or Report or Any Information Providedby us to/with anyone which is received directly or indirectly by them. If found so then Serious Legal Actions can betaken. www.epicresearch.co 9752199966

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