Epic Research a leading financial advisory firm enables traders to gain a quick overview of market's performance by offering them daily reports. Our experts suggests best NCDEX Tips.

1. DAILY AGRI COMMODITY REPORT
30 December 2016
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
APR 6770 6820 6750 6782 - 885
INTRADA
Y LEVELS
SUPPORT SUPP.1
6784
SUPP. 2
6714
PIVOT
6784
Turmeric short term
trend is bearish and May
continue in coming days.
RESISTA
NCE
RES. 1
6818
RES. 2
6854
CORIANDER
JAN 7350 7410 7343 7365 0.11 1470
INTRADAY
LEVELS
SUPPORT SUPP.1
7335
SUPP. 2
7306
PIVOT
7373
Coriander short term
trend is bearish and May
continue in coming days.
RESISTA
NCE
RES. 1
7402
RES. 2
7440
GUARGUM
JAN 6325 6325 6186 6225 0.44 10775
INTRADAY
LEVELS
SUPPORT SUPP. 1
6166
SUPP. 2
6106
PIVOT
6245
Guargum short term
trend is bearish and May
continue in coming days.
RESISTA
NCE
RES. 1
6305
RES. 2
6384
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 - - -
Chana - - -
Coriander 7365 7357 0.11
Guargum5MT 6225 6198 0.44
Jeera 17858 17520 0.37
Mustard seed 4305 4309 -0.09
Soybean 3023 3033 -0.33
Turmeric 6782 6872 0.00
TOP GAINERS
Symbol Expiry Date Current Price Change Change %
CORIANDER 20-01-2017 7365.00 28.00 0.38%
COTTON SEED OIL CAKE
AKOLA
20-01-2017 1995.00 2.00 0.10%
29 MM COTTON 20-01-2017 19300.00 60.00 0.31%
REF SOYA OIL 20-01-2017 718.45 2.65 0.37%
TOP LOSERS
Symbol Expiry Date Current Price Change Change %
RAPESEED-MUSTARD
SEED
20-01-2017 4305.00 -1.00 -0.02%
SUGAR M GRADE 20-03-2017 3725.00 -22.00 -0.59%
SOY BEAN 20-01-2017 3023.00 -5.00 -0.17%

4. Commodities In News
4
ECONOMIC NEWS
 ICRA expects the weak export demand and high cotton prices to hurt
the profitability of domestic cotton spinners. While the commencement of
the cotton harvest season has been accompanied by a softening of the
domestic cotton price, however, it remains 17% higher YoY. The firmness
in cotton prices is driven by a hangover of cotton shortage in India earlier
in the year, slower cotton arrivals amid the demonetisation drive and
uncertainty related to the extent of improvement in domestic crop-size
against a backdrop of superior yields but lower sown area. Besides,
weakness in export demand poses challenges for the domestic spinning
industry. Cotton yarn exports have been under pressure due to lower
demand from China amid improved local mill usage. Mr. Jayanta Roy,
Senior Vice-President, and Group Head, ICRA said: “As the domestic
spinning industry remains highly dependent upon exports, with a third of
India’s cotton yarn having been exported during the past four years, the fall
in export demand is a major challenge for the industry.”
 The agriculture ministry plans to use remote sensing technology to map
the area under potato and onion cultivation for the entire country to provide
an accurate estimate of the likely production of the respective crops. This
would be extended to cover orchards in the next phase. "We are working
on producing robust estimates of the area and production of important
crops like potato and onion for the whole country through remote sensing,"
said an agriculture ministry official. He said the department was working
on uploading maps of fruit crops (from oranges to mango) onto the Bhuvan
platform -- a software application browser which explores 2D/3D
representation of topography. Currently, details of mango orchards are
being worked out in three major districts of Karnataka and other states and
their database creation is being done on Bhuvan, the official said. Maps on
areas under mango cultivation maps have already been finalised in the
major mango producing districts of Bihar and Uttar Pradesh, he said.
 Coriander futures traded higher on NCDEX as participants built up
fresh positions amid pickup in demand in the spot market. Further,
restricted supply from major growing regions also added support to
coriander prices’ uptrend. The contract for January delivery was trading
at Rs 7380.00, up by 0.31% or Rs 23.00 from its previous closing of Rs
7357.00. The open interest of the contract stood at 10140 lots. The
contract for April delivery was trading at Rs 8005.00, up by 0.64% or
Rs 51.00 from its previous closing of Rs 7954.00. The open interest of
the contract stood at 5150 lots on NCDEX.
 Soybean futures traded marginally lower on NCDEX on account of
improving arrivals in the spot market. Further, recent rains in South
America has erased some of the dry areas in Argentina, too added
pressure on soyabean prices. However, expectations of good demand
for soybean crushing in coming weeks, capped some losses. The
contract for January delivery was trading at Rs 3029.00, down by
0.13% or Rs 4.00 from its previous closing of Rs 3033.00. The open
interest of the contract stood at 124770 lots. The contract for February
delivery was trading at Rs 3083.00, down by 0.06% or Rs 2.00 from its
previous closing of Rs 3085.00. The open interest of the contract stood
at 60640 lots on NCDEX.
 Turmeric futures traded higher on NCDEX on expectation of
increasing demand from the medicinal and cosmetic industry at the spot
market. However, reports on abundant production of the crop this year
in the major producing regions as the cyclonic rains have not damaged
the standing crop, capped some gains. The contract for April delivery
was trading at Rs 6792, up by 0.15% or Rs 10 from its previous closing
of Rs 6782. The open interest of the contract stood at 13115 lots. The
contract for May delivery was trading at Rs 6800, up by 0.03% or Rs 2
from its previous closing of Rs 6798. The open interest of the contract
stood at 780 lots on NCDEX.

5. Technical Outlook
5
SELL CORIANDER JAN BELOW 7340 TARGET 7325 7265 7195
SL ABOVE 7370
SELL GUARGUM 5 JAN BELOW 6185 TARGET 6155 6115 6065
SL ABOVE 6235
SELL TURMERIC 20 APR BELOW 6750 TARGET 6720 6680
6630 SL ABOVE 6795

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.