Epic research offers services like stock tips, mcx tips, intraday tips and more.We also serve with market reports which can be referred to learn about market updates.

1. 18-August-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
AUG 7330 7398 7330 7370 0.19 255
INTRADAY
LEVELS
SUPPORT SUPP.1
7334
SUPP. 2
7298
PIVOT
7366
Turmericshort term
trend is bearish and may
continue in coming days.
RESISTANCE
RES. 1
7402
RES. 2
7434
CORIANDER
AUG 4560 4635 4560 4605 1.03 810
INTRADAY
LEVELS
SUPPORT SUPP.1
4565
SUPP. 2
4525
PIVOT
4600
Coriander short term
trend is bearish and may
continue in coming days.
RESISTANCE
RES. 1
4640
RES. 2
4675
GUARGUM 5MT
AUG 8110 8197 8011 8029 -0.74 29130
INTRADAY
LEVELS
SUPPORT SUPP.1
7961
SUPP. 2
7893
PIVOT
8079
Guargum Short term
trend is bearish and may
continue in coming days.
RESISTANCE
RES. 1
8147
RES. 2
8265
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 4525 4540 -0.33
Chana - - -
Coriander 4605 4558 1.03
Guargum5MT 8029 8089 -0.74
Jeera 19150 19305 -0.80
Musterseed 3680 3726 -1.23
Soybean 3050 3007 1.43
Turmeric 7370 7356 0.19
TOP GAINERS
Symbol Expiry Date Current Price Change Change %
SOY BEAN 18-08-2017 3065.00 40.00 1.32%
CORIANDER 18-08-2017 4605.00 59.00 1.30%
RAPESEED-MUSTARD
SEED
18-08-2017 3770.00 40.00 1.07%
JEERA 18-08-2017 19400.00 70.00 0.36%
SOY BEAN 18-08-2017 3065.00 40.00 1.32%
TOP LOSERS
Symbol Expiry Date Current Price Change Change %
GUAR SEED 10 MT 18-10-2017 3859.00 -53.00 -1.35%
COTTON SEED OIL CAKE
AKOLA
18-08-2017 1490.00 -18.00 -1.19%
Most Active Contract
Agri Commodity Update

4. ECONOMIC NEWS
 Sugar mills in drought-affected Tamil Nadu have demanded tariff-rate
quota (TRQ) import of 6 lakh tonne of raw sugar at zero import duty to help
minimise losses. Officials aware of the matter told ET that the government is
reviewing the situation and may accept their demand, as it will not only help
keep sugar prices in southern India under control but also enable sugar mills
clear cane farmers' dues. India imposes 50 per cent duty on imported sugar in
order to maintain domestic prices. Cheap imports have always been seen
hitting the profitability of local sugar mills which then delay payments to cane
farmers. However, South IndianBSE -0.54 % Sugar Mills Association, Tamil
Nadu (SISMA-TN) has approached the central government, requesting it to
allow sugar import. The trade body claims the state's sugar stock, including
production from its special season, will get over by first week of October,
while production of new sugar will be delayed by two months till December
due to lack of cane availability.
 The government raised its estimate on food grain output for the crop year
ended June, with good rains allowing farmers to have a record harvest of
wheat, rice, coarse cereals and pulses. The agriculture ministry's fourth
advance estimates of major crops pegged food grain production at 275.68
million tonnes, 0.84% higher than the third advance estimate. That would also
be 4.01% more than the previous record, set in 2013-14. The government
raised its estimate on food grain output for the crop year ended June, with
good rains allowing farmers to have a record harvest of wheat, rice, coarse
cereals and pulses. The agriculture ministry's fourth advance estimates of
major crops pegged food grain production at 275.68 million tonnes, 0.84%
higher than the third advance estimate. That would also be 4.01% more than
the previous record, set in 2013-14.
 Turmeric futures showed mixed trend on NCDEX as the August
contracts traded lower on adequate stock position following increased
supplies from the producing regions, while September contracts traded
higher on improving demand at the spot market. The contract for
September delivery was trading at Rs 7338.00, down by 0.22% or Rs 16.00
from its previous closing of Rs 7354.00. The open interest of the contract
stood at 14825 lots. The contract for October delivery was trading at Rs
7424.00, up by 0.05% or Rs 4.00 from its previous closing of Rs 7420.00.
The open interest of the contract stood at 340 lots on NCDEX.
 Soyabean futures traded higher on NCDEX as speculators enlarged their
positions on reports of deficient rains in Madhya Pradesh coupled with
less planting. Further, strong demand for Indian soymeal in export market
too supported soyabean prices. The contract for August delivery was
trading at Rs 3050.00, up by 1.43% or Rs 43.00 from its previous closing of
Rs 3007.00. The open interest of the contract stood at 5300 lots. The
contract for October delivery was trading at Rs 3169.00, up by 0.64% or Rs
20.00 from its previous closing of Rs 3149.00. The open interest of the
contract stood at 60410 lots on NCDEX.
 Coriander futures traded higher on NCDEX due to good buying support
from retailers and stockists at the spot market. Besides, restricted supplies
from major producing belts also influenced coriander futures. The contract
for August delivery was trading at Rs 4560.00, up by 0.04% or Rs 2.00 from
its previous closing of Rs 4558.00. The open interest of the contract stood
at 320 lots. The contract for September delivery was trading at Rs
4680.00, up by 0.86% or Rs 40.00 from its previous closing of Rs 4640.00.
The open interest of the contract stood at 40040 lots on NCDEX.
Commodities In News
Agri Commodity Update

5. SELL CORIANDER BELOW 4580 TARGET 4610 4640 4660 SL ABOVE 4550 BUY TURMERIC ABOVE 7410 TARGET 7440 7480 7530 SL ABOVE 7380
SELL GUARGUM5 BELOW 7990 TARGET 7960 7920 7870 SL ABOVE 8040
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: 2017-08-17 21:57+05:30