Epic research serve with mcx tips, stock tips as suggested by our experts after performing quality research work. Regular market updates are also offered by us.

1. DAILY AGRI COMMODITY REPORT
20 JULY 2017
HNI & NRI Sales Contact Australia
Mintara Road, Tarneit, Victoria. Post Code 3029
Phone.: +61 422 063855
HNI & NRI Sales Contact USA
2117 Arbor Vista Dr. Charlotte (NC)
Cell: +1 704 249 2315
Toll Free Number
1-800-200-9454
All queries should be directed to
Info@epicresearch.co
1
Epic Research India
411 Milinda Manor (Suites 409- 417)
2 RNT Marg. Opp Central Mall
Indore (M.P.)
Hotline: +91 731 664 2300
Alternate: +91 731 664 2320
Or give us a missed call at
026 5309 0639
Our Presence
YOUR MINTVISORY Call us at +91-731-6642300

2. Market Views
2
MONT
H
OPEN HIGH LOW
CLOS
E
% CHG VOL
MONT
H
OPEN HIGH LOW
CLOS
E
% CHG VOL
TURMERIC
AUG 7394 7488 7234 7360 -0.57 11045
INTRADAY
LEVELS
SUPPORT SUPP. 1
7233
SUPP. 2
7106
PIVOT
7360
Turmeric short term trend
is bearish and may
continue in coming days.
RESISTAN
CE
RES. 1
7487
RES. 2
7614
CORIANDER
AUG 5001 5078 4925 4955 -1.82 6900
INTRADAY
LEVELS
SUPPORT SUPP.1
4894
SUPP. 2
4833
PIVOT
4986
Coriander short term
trend is bearish and may
continue in coming days.
RESISTAN
CE
RES. 1
5047
RES. 2
5139
GUARGUM 5MT
AUG 6986 7135 6965 7030 0.49 14470
INTRADAY
LEVELS
SUPPORT SUPP. 1
6951
SUPP. 2
6873
PIVOT
7043
Guargum Short term
trend is bearish and may
continue in coming days.
RESISTAN
CE
RES. 1
7121
RES. 2
7213
CASTORSEED
- - - - - - -
INTRADAY
LEVELS
SUPPORT SUPP. 1
-
SUPP. 2
-
PIVOT
-
-
RESISTA
NCE
RES. 1
-
RES. 2
-

3. Most Active Contract
3
NCDEX INDICES
Index Value
Pre.
Close
%
Change
Castorseed 4480 4528 -1.06
Chana - - -
Coriander 4915 4940 -0.51
Guargum5MT 6820 6789 0.46
Jeera 19870 19815 0.28
Musterseed 3655 3670 -0.41
Soybean 2910 2903 0.24
Turmeric 7390 7432 -0.57
TOP GAINERS
Symbol Expiry Date Current Price Change Change %
GUAR SEED 10 MT 20-07-2017 3310.00 40.00 1.22%
BARLEY 20-07-2017 1420.00 17.00 1.21%
COTTON SEED OIL
CAKE AKOLA
20-07-2017 1723.00 7.00 0.41%
V 797 KAPAS 30-04-2018 862.00 2.50 0.29%
TOP LOSERS
Symbol Expiry Date Current Price Change Change %
MAIZE -
FEED/INDUSTRIAL
GRADE
20-07-2017 1361.00 -20.00 -1.45%
TURMERIC 20-07-2017 7320.00 -76.00 -1.03%
REF SOYA OIL 20-07-2017 631.70 -3.30 -0.52%

4. Commodities In News
4
ECONOMIC NEWS
➢ Indian coffee exports are likely to fall 15-20% in the current year as
exporters haven’t got enough orders for the coming months. As per Coffee
Board’s export data for the period from January 1 to July 17, 2017, the
total export volumes were at 2,16,926 tonnes –– a marginal drop compared
to same period last year. “But in the coming months, the drop will widen,”
said Ramesh Rajah, president of the Coffee Exporters Association of
India. “Towards the end of last year, we had taken fewer orders as growers
had estimated a 30% drop. But in the end it was down by only 10%.
Whatever orders we had have been shipped. Now it is difficult to find
buyers as they have bought from other origins,” Rajah said. Global robusta
coffee futures prices, after rising to over $2,200 per tonne in January,
declined by $200 in subsequent months. It has again touched $2,126 per
tonne now. “Arrivals decreased in the market as growers expected better
prices. Though prices are up now, buying has slackened,” said MP Deviah,
general manager of Allansons, a major exporter.
➢ Terming agriculture as the biggest strength of Indian economy, Union
Minister Nitin Gadkari today wondered how could the previous
government spend Rs 70,000 crore for buying aircraft at a time when
several states did not have irrigation facilities. Stressing on the need of
agricultural diversification towards energy like manufacturing of ethanol,
he said the government is likely to bring a policy to promote bamboo
cultivation which could be used to harness bio-fuel. Taking a dig at the
previous government regime, he said, "Had the capital cost incurred on
purchase of aircraft worth Rs 70,000 crore been used to provide irrigation
facilities to farmers, it would have made a huge difference to the
agriculture sector". "Agriculture has not been the priority but purchase of
aircraft worth Rs 70,000 crore (by previous regime) despite the fact that 11
states lacked irrigation facilities with the percentage as low as 5.6 per cent
in Jharkhand and 18.98 per cent in Maharashtra," Road Transport,
Highways and Shipping Minister Gadkari said here.
➢ Soybean futures exhibited mixed trend on NCDEX as the July
contracts traded higher due to lower acreage, irregular rains in soybean
growing areas and lower arrivals in the physical market, while August
contracts traded lower on weak demand in spot markets. The contract
for July delivery was trading at Rs 2910.00, up by 0.24% or Rs 7.00
from its previous closing of Rs 2903.00. The open interest of the
contract stood at 350 lots. The contract for August delivery was trading
at Rs 2997.00, down by 0.76% or Rs 23.00 from its previous closing of
Rs 3020.00. The open interest of the contract stood at 73800 lots on
NCDEX.
➢ Turmeric futures edged down on NCDEX due to easing demand in
the spot market. Further, adequate stock position on increased supplies
from producing regions too influenced turmeric prices. The contract for
July delivery was trading at Rs 7320.00, down by 1.51% or Rs 112.00
from its previous closing of Rs 7432.00. The open interest of the
contract stood at 230.00 lots. The contract for August delivery was
trading at Rs 7260.00, down by 1.92% or Rs 142.00 from its previous
closing of Rs 7402.00. The open interest of the contract stood at
14640.00 lots on NCDEX.
➢ Jeera futures edged higher on NCDEX on rising physical as well as
export demand at the spot market. Moreover, tight stocks position
following lower supplies from the producing belts too fuelled the
uptrend. The contract for July delivery was trading at Rs 19850.00, up
by 0.18% or Rs 35.00 from its previous closing of Rs 19815.00. The
open interest of the contract stood at 717 lots. The contract for August
delivery was trading at Rs 19780.00, up by 0.23% or Rs 45.00 from its
previous closing of Rs 19735.00. The open interest of the contract
stood at 13959 lots on NCDEX.

5. Technical Outlook
5
BUY CORIANDER ABOVE 4990 TARGET 5020 5050 5100 SL
BELOW 4940
BUY TURMERIC ABOVE 7440 TARGET 7470 7510 7560 SL
BELOW 7390
SELL GUARGUM5 BELOW 7000 TARGET 6970 6930 6880 SL
ABOVE 7050

6. 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.
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: 2017-07-19 21:10+05:30