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.
Progress Report - UKG Analyst Summit 2024 - A lot to do - Good Progress1-1.pdf
Daily agri report by epic research limited of 06 march 2017
1. DAILY AGRI COMMODITY REPORT
06 March 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
APR 6798 6928 6798 6818 0.35 3280
INTRADAY
LEVELS
SUPPORT SUPP. 1
6765
SUPP. 2
6713
PIVOT
6791
Turmeric short term trend
is bearish and may
continue in coming days.
RESISTAN
CE
RES. 1
6843
RES. 2
6869
CORIANDER
APR 6985 6999 6826 6851 -0.70 13780
INTRADAY
LEVELS
SUPPORT SUPP.1
6733
SUPP. 2
6567
PIVOT
6816
Coriander short term
trend is bearish and may
continue in coming days.
RESISTAN
CE
RES. 1
6982
RES. 2
7065
GUARGUM 5MT
APR 7991 8100 7922 7982 0.04 7615
INTRADAY
LEVELS
SUPPORT SUPP. 1
7849
SUPP. 2
7697
PIVOT
7946
Guargum Short term
trend is bearish and may
continue in coming days.
RESISTAN
CE
RES. 1
8098
RES. 2
8195
CASTORSEED
FEB - - - - - -
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 4130 4105 0.61
Chana - - -
Coriander 6851 6899 -0.70
Guargum5MT 7982 7979 0.04
Jeera 16840 17075 -1.38
Mustard seed 3899 3919 -0.51
Soybean 2901 2917 -0.55
Turmeric 6818 6794 0.35
TOP GAINERS
Symbol Expiry Date Current Price Change Change %
MAIZE -
FEED/INDUSTRIAL
GRADE
20-03-2017 1410.00 8.00 0.57%
WHEAT 20-03-2017 1643.00 9.00 0.55%
GUAR SEED 10 MT 20-03-2017 3772.00 15.00 0.40%
TURMERIC 20-04-2017 6818.00 2.00 0.03%
TOP LOSERS
Symbol Expiry Date Current Price Change Change %
JEERA 20-03-2017 16840.00 -190.00 -1.12%
V 797 KAPAS 28-04-2017 1084.00 -10.00 -0.91%
CORIANDER 20-04-2017 6851.00 -48.00 -0.70%
4. Commodities In News
4
ECONOMIC NEWS
The Punjab Agricultural University (PAU) has advised the farmers to
remain vigilant and regularly monitor their wheat crop for aphid damage.
Cloudy weather without any rainfall is highly favourable for their
development cautioned RS Gill, head, Department of Entomology, PAU.
“Aphids are the most important insect pests of wheat and their damage is
observed in March. These are small, soft bodied, green to blackish green
louse like insects found in colonies on leaves and earheads.Aphids suck sap
from the leaves and maturing grains, "he said. Due to heavy feeding by
aphids, the grains fail to develop or remain shriveled, he told. Aphids also
excrete honeydew on which black sooty mould develops that affects the
yield, he added. The high population of aphids at the earhead stage can
cause substantial losses in yield, he warned. Dr Gill said the damage starts
from the periphery of the field, particularly from the side on which trees are
present. By spraying on the borders of wheat fields, its further spread can
be checked, he observed.
The Punjab Agricultural University (PAU) has released new varieties of
rice, mungbean,basmati and sugarcane for general cultivation in Punjab.
Some of the salient features of these new varieties is that they either are
short duration maturing early, have high yields, are water lodging and pest
tolerant in some cases. The varieties were approved during the meeting of
state variety approval vommittee, held under the chairmanship of B.S.
Sidhu, Director of Agriculture, Punjab, said a press statement. The parmal
rice variety PR 126 is an early maturing variety and matures in about 123
days after seeding, said a press statement."It is resistant to seven of ten
presently prevalent pathotypes of bacterial blight pathogen in Punjab. Its
average paddy yield in 30 quintals per acre, "it added. The spring/summer
mungbean variety, TMB 37 matures in 60 days as compared to 62 days for
SML 832 and 61 days for SML 668 varieties. It has medium sized grains
and possesses good culinary properties, said the release.
Soyabean futures traded marginally lower on NCDEX on bumper
supplies in the global markets, even though delays in Brazilian
shipments capped some losses. At least 11 ships are facing delays in
loading soybeans at Brazil's northern ports after rains washed out roads
and disrupted the progress of trucks carrying beans from the centre-
west region. The contract for March delivery was trading at Rs
2904.00, down by 0.45% or Rs 13.00 from its previous closing of Rs
2917.00. The open interest of the contract stood at 165190 lots. The
contract for April delivery was trading at Rs 2984.00, down by 0.2% or
Rs 6.00 from its previous closing of Rs 2990.00. The open interest of
the contract stood at 135110 lots on NCDEX.
Coriander futures traded higher on NCDEX as participants built up
fresh positions on the back of rising demand in the spot market.
Further, limited arrivals from major growing regions also fuelled the
uptrend. The contract for April delivery was trading at Rs 6936.00, up
by 0.54% or Rs 37.00 from its previous closing of Rs 6899.00. The
open interest of the contract stood at 29420 lots. The contract for May
delivery was trading at Rs 7037.00, up by 0.29% or Rs 20.00 from its
previous closing of Rs 7017.00. The open interest of the contract stood
at 7150 lots on NCDEX.
Turmeric futures traded up on NCDEX on receipt of fresh upcountry
demand for the turmeric at the spot market. Though, some gains were
capped on heavy arrivals from the producing regions. The turmeric
arrivals in the country increase to 28,337 tons last week (20-25
February) compared to 7,300 tons during previous week. The contract
for April delivery was trading at Rs 6850, up by 0.82% or Rs 56.00
from its previous closing of Rs 6794. The open interest of the contract
stood at 13755 lots. The contract for May delivery was trading at Rs
6844, up by 1.00% or Rs 68.00 from its previous closing of Rs 6776.
The open interest of the contract stood at 2805 lots on NCDEX.
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: 2017-03-04 13:35+05:30