Turmeric, coriander, and guargum futures declined on the NCDEX commodity exchange while jeera futures rose. Turmeric was down 0.39% and coriander fell 1.11% due to good rains boosting supplies. Guargum dropped 3.99% on high volumes. Jeera gained 0.66% from increased demand. The report provides technical analysis and trading recommendations, noting short-term bearish trends in turmeric, coriander, and guargum that may continue.

1. 15-September-2017
For More Information Please visit www.epicresearch.co or contact info@epicresearch.co
Please refer to disclaimer at the end of the report.
Agri Commodity Update

2. MONTH OPEN HIGH LOW CLOSE % CHG VOL
TURMERIC
SEP 7636 7660 7620 7660 -0.39 180
INTRADAY
LEVELS
SUPPORT SUPP.1
7633
SUPP. 2
7606
PIVOT
7646
Turmericshort term
trend is bearish and may
continue in coming days.
RESISTANCE
RES. 1
7673
RES. 2
7686
CORIANDER
SEP 4487 4523 4451 4465 -1.11 850
INTRADAY
LEVELS
SUPPORT SUPP.1
4436
SUPP. 2
4407
PIVOT
4479
Coriander short term
trend is bearish and may
continue in coming days.
RESISTANCE
RES. 1
4508
RES. 2
4551
GUARGUM 5MT
OCT 8230 8255 7942 7942 -3.99 24000
INTRADAY
LEVELS
SUPPORT SUPP.1
7837
SUPP. 2
7733
PIVOT
8046
Guargum Short term
trend is bearish and may
continue in coming days.
RESISTANCE
RES. 1
8150
RES. 2
8359
CASTORSEED
- - - - - - -
INTRADAY
LEVELS
SUPPORT SUPP.1
-
SUPP.2
-
PIVOT
-
-
RESISTANC
E
RES. 1
-
RES. 2
-
Market Views
MONTH OPEN HIGH LOW CLOSE % CHG VOL
Agri Commodity Update

3. NCDEX INDICES
Index Value Pre. Close
%
Change
Castorseed 4625 4667 -0.90
Chana - - -
Coriander 4465 4515 -1.11
Guargum5MT 7942 8272 -399
Jeera 19840 19710 0.66
Musterseed 3750 3758 -0.21
Soybean 3098 3134 -1.15
Turmeric 7660 7690 -0.39
TOP GAINERS
Symbol Expiry Date Current Price Change Change %
JEERA 20-09-2017 19835.00 145.00 0.74%
WHEAT 20-09-2017 1626.00 11.00 0.68%
V 797 KAPAS 30-04-2018 866.50 2.50 0.29%
BARLEY 13-10-2017 1472.50 0.50 0.03%
TOP LOSERS
Symbol Expiry Date Current Price Change Change %
GUAR SEED 10 MT 18-10-2017 3769.00 -104.00 -2.69%
SOY BEAN 18-10-2017 3095.00 -45.00 -1.43%
CORIANDER 20-09-2017 4480.00 -20.00 -0.44%
Most Active Contract
Agri Commodity Update

4. ECONOMIC NEWS
 National Agri-Food Biotechnology Institute, autonomous body of Ministry
of Science and Technology has signed MoU with Ludhiana based Bonn Food
Industries to promote coloured wheat with antioxidant qualities beneficial for
control of diabetes, cholesterol and obesity. The cross between high yielding
Indian cultivars and colored wheat procured from Japan and America is as rich
in anthocynanins as blueberries and high in zinc. "Biochemical, cell lines based
and mouse model studies on this wheat variety showed good antioxidant
activity, anti-inflammatory activity, reduced obesity (high fat diet induced),
helped in reduction of blood glucose and cholesterol levels, and formed good
quality bakery products," NABI scientist, Monica Garg instrumental in
developing new seed of stable said. "NABI has signed MOU with Bonn group
of industries that will be making healthy products from the colored wheat and
other talks are on with other baking and milling companies," she added.
 The government would complete 99 irrigation projects by 2019 to provide
irrigation facilities to farmers, Union minister Gajendra Singh Shekhawat said
here today. "We will complete 99 (irrigation) projects by 2019," he told
reporters after addressing a 'Sankalp se Siddhi' programme here. The
irrigation projects have been taken up as part of the NDA government's
initiatives to double farmers' income, the Minister of State for Agriculture and
& Farmers' Welfare said. "Soil health cards, e-NAM, promotion of agriculture
and allied sectors like poultry, availability of neem-coated urea, crop
insurance scheme are part of the initiatives to double farmers' income," he
added. Talking about the NDA government's resolve to ushering a 'New India',
he said the country can be transformed by eradicating corruption, poverty and
ensuring all-round development if the countrymen take a pledge to work
towards the poor.
 Jeera futures traded higher on NCDEX on the back of pick-up in demand
at the spot market. Moreover, restricted arrivals from the growing regions
too fuelled the uptrend. The contract for September delivery was trading
at Rs 19795.00, up by 0.43% or Rs 85.00 from its previous closing of Rs
19710.00. The open interest of the contract stood at 7284 lots. The
contract for October delivery was trading at Rs 19460.00, up by 0.80% or
Rs 155.00 from its previous closing of Rs 19305.00. The open interest of
the contract stood at 9480 lots on NCDEX.
 Turmeric futures showed mixed trend on NCDEX as the September
contracts traded lower due to good rains in turmeric growing areas in
Telangana and Karnataka, while October contracts traded higher on rising
demand at the spot market. The contract for September delivery was
trading at Rs 7626.00, down by 0.83% or Rs 64.00 from its previous closing
of Rs 7690.00. The open interest of the contract stood at 1080 lots. The
contract for October delivery was trading at Rs 7646.00, up by 0.10% or Rs
8.00 from its previous closing of Rs 7638.00. The open interest of the
contract stood at 11415 lots on NCDEX.
 Coriander futures traded lower on NCDEX as participants cut down their
bets, tracking easing demand in the spot market. Further, adequate stock
positions amid rising arrivals from major growing regions also fuelled the
downtrend. The contract for September delivery was trading at Rs
4493.00, down by 0.49% or Rs 22.00 from its previous closing of Rs
4515.00. The open interest of the contract stood at 570 lots. The contract
for October delivery was trading at Rs 4867.00, down by 0.43% or Rs
21.00 from its previous closing of Rs 4888.00. The open interest of the
contract stood at 38840 lots on NCDEX.
Commodities In News
Agri Commodity Update

5. SELL CORIANDER BELOW 4450 TARGET 4420 4380 4350 SL ABOVE 4500 SELL TURMERIC BELOW 7640 TARGET 7610 7570 7520 SL ABOVE 7690
SELL GUARGUM5 BELOW 7940 TARGET 7910 7870 7820 SL ABOVE 7990
Technical Outlook
Agri Commodity Update

6. Epic Research is one of India’s largest Financial Advisory house. Epic Research is amongst leading and most valuable financial
advisory provider companies in the private sector.
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. 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 ex-pressed as a recommendation for which either the site or its owners or anyone can be held responsible. Any surfing and reading of
the information is the acceptance of this disclaimer. Investment in equity, futures, Forex and commodity 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.
For India: Info@epicresearch.co Address: 411 Milinda Manor(Suites 409-425) 2 RNT Marg. Opp Central Mall Indore (M.P.) +91 -731- 6642300
For United States- HNI& NRI Sales Contact: 2117 Arbor Vista Dr. Charlotte (NC)-Cell: +1 704 249 23
For Australia- HNI & NRI Sales Contact: Mintara Road, Tarneit, Victoria, Post Code 3029 Cell: +61 422 063855
Singapore- www.epicresearch.sg Contact +65-3158-1402
Malaysia-www.epicresearch.myContact +60-3502-19047
Daily Agri Update
Lovelesh
Sharma
Digitally signed by
Lovelesh Sharma
DN: cn=Lovelesh Sharma
c=IN o=Personal
Reason: I am the author
of this document
Location:
Date: 2017-09-14
21:05+05:30