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 2850 while 2990 is the resistance. Traders may buy around 2870 with the stop loss of 2850 for the target of 2990 Turmeric (Sep.):-Turmeric for September delivery may trade positive on Monday. Resistance:4900, 4945.Support: 4700, 4625
2. www.TheEquicom.com Page 2
MARKET WRAP.
Guarseed, Guargum:- Guar gum and Guar hit upper circuit of 4% on Friday.
Refined Oil: - NCDEX Refined Oil September contract is closed up by 1.7% on
Friday.
Soybean:- NCDEX Soybean Octoberber contract closed @3033 up by 1.26% on
Friday. Open:3015 High:3055 Low:3015 Close:3033
Coriander gains by 2.36% on strong demand: - NCDEX Dhaniya seed
September contract closed up by -131 on Friday and registering Profit of 2.36%
open: 5575 High: 5757 Low: 5570 Close: 5559
Chana prices higher on high buying activity: NCDEX Chana September
contract is closed up by 2.52% on Friday.
INTRADAY VIEW.
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 2850 while 2990 is the resistance. Traders may buy
around 2870 with the stop loss of 2850 for the target of 2990
Turmeric (Sep.):-Turmeric for September delivery may trade positive on Monday.
Resistance:4900, 4945.Support: 4700, 4625
NCDEX Castor seed (Sep.):-NCDEX Castor seed for September delivery may
trade negative on Monday Resistance:3580,3610 Support: 3400, 3380
NCDEX Soybean Soy Oil negative on weak fundamentals; further short
covering expected: both Soybean and Soy Oil prices on NCDEX are exhibiting
positive trend only due to short covering. Over all fundamentals look negative.
7. www.TheEquicom.com Page 7
COMMODITY CONTRACT RESISTANCE SUPPORT TREND STRATAGEY
JEERA UNJHA September R1:13600
R2:13690
S1: 13200
S2:13080
CONSOLIDATE BUY ON DIPS
CASTORSEED September R1:3600
R2: 3685
S1:3370
S2:3290
BEARISH SELL ON HIGH
GUARSEED October R1: 4300
R2: 4550
S1:3865
S2: 3765
CONSOLIDATE BUY ON DIPS
REFINED OIL September R1: 665.00
R2:670.00
S1: 655.00
S2: 650.00
CONSOLIDATE BUY ON DIPS
CHANA September R1: 2300
R2: 3120
S1:2855
S2: 2610
CONSOLIDATE BUY ON DIPS
RMSEED September R1:3390
R2:3420
S1:3250
S2:3120
BEARISH BUY ON DIPS
CHILLI September R1:5450
R2:5620
S1:5135
S2:5000
BEARISH BUY ON DIPS
8. www.TheEquicom.com Page 8
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.