Epic Research is a supreme level financial advisory services provider firm .We enables traders to gain a quick overview of market performance by offering daily reports.

1. 17-November-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
DEC 6852 6982 6776 6982 1.99 3325
INTRADAY
LEVELS
SUPPORT SUPP.1
6844
SUPP. 2
6707
PIVOT
6913
Turmericshort term
trend is bearish and may
continue in coming days.
RESISTANCE
RES. 1
7050
RES. 2
7119
CORIANDER
DEC 5011 5138 4981 5075 1.30 5530
INTRADAY
LEVELS
SUPPORT SUPP.1
4991
SUPP. 2
4907
PIVOT
5064
Coriander short term
trend is bearish and may
continue in coming days.
RESISTANCE
RES. 1
5148
RES. 2
5221
GUARGUM 5MT
DEC 8226 8284 8172 8191 -0.36 16180
INTRADAY
LEVELS
SUPPORT SUPP.1
8147
SUPP. 2
8103
PIVOT
8215
Guargum Short term
trend is bearish and may
continue in coming days.
RESISTANCE
RES. 1
8259
RES. 2
8327
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 4231 4296 0.58
Chana - - -
Coriander 4925 4936 -0.22
Guargum5MT 8191 8154 -0.45
Jeera 19170 17105 0.34
Musterseed 3970 3963 0.18
Soybean 2815 2790 0.90
Turmeric 6982 6846 1.99
TOP GAINERS
Symbol Expiry Date Current Price Change Change %
TURMERIC 20-04-2018 7074.00 86.00 1.23%
SOY BEAN 20-11-2017 2810.00 24.00 0.86%
CORIANDER 20-11-2017 4980.00 40.00 0.81%
RAPESEED-MUSTARD
SEED
20-11-2017 3974.00 17.00 0.43%
GUAR SEED 10 MT 20-11-2017 3642.00 15.50 0.43%
TOP LOSERS
Symbol Expiry Date Current Price Change Change %
REF SOYA OIL 20-11-2017 682.50 -2.10 -0.31%
WHEAT 20-11-2017 1679.00 -1.00 -0.06%
Most Active Contract
Agri Commodity Update

4. ECONOMIC NEWS
 Power Minister R K Singh said today that state-run NTPC will float a tender
to buy farm stubble at Rs 5,500 per tonne for power plants, a move that will
check farmers from burning it -- a key source of pollution in the national
capital region (NCR). He said this move will help farmers earn around Rs
11,000 per acre from the sale of stubble/straw pellets. A large number of
farmers particularly in Punjab and Haryana are burning the farm
stubble/straw, which causes air pollution, in the absence of viable
alternatives. "On an average a farmers get around 2 tonnes of stubble or
straw in an acre. NTPC will bring a tender to buy the pellets of this farm
residue in next few days at a rate of Rs 5,500 per tonne," Singh said at a press
conference. Power Secretary A K Bhalla however told reporters that the
stubble pellets procured for power plants may not be used for this season, but
the system will be in place. On the likely bidders, Singh said a new market will
be created under which service providers will bid after making arrangements
with farmers.
 The CAI has estimated cotton crop for the 2017-18 season at 375.00 lakh
bales of 170 kgs. each which is higher by 37.75 lakh bales compared to the
previous year’s crop of 337.25 lakh bales. The Cotton Association of India
(CAI) has released its first estimate of the cotton crop for the 2017-18 season
beginning from 1st October 2017. The increase in crop estimated for the
2017-18 crop year is on account of the higher acreage under cotton than
compared to the previous crop year. The acreage under cotton during 2017-
18 is estimated to be more by about 19% than that of the previous
season. However, the CAI estimates the yields to be lower by about 9% this
year owing to the damage caused by pink boll worms. The projected Balance
Sheet drawn by the CAI estimates the total cotton supply for the cotton
season 2017-18 at 422.00 lakh bales including the opening stock of 30 lakh
bales at the beginning of the year and the imports which are estimated to be
17 lakh bales.
 Soybean futures traded marginally higher on NCDEX as speculators
enlarged their positions due to lower acreage and expectation of good
crushing demand on reports of hike in import duty. Soybean prices too rose
at overseas markets, underpinned by strong demand from US processors
and expectations of higher imports by top buyer China. However,
expectation of revival of monsoon in central India, capped soybean prices.
The contract for November delivery was trading at Rs 2795.00, up by
0.18% or Rs 5.00 from its previous closing of Rs 2790.00. The open
interest of the contract stood at 7750 lots. The contract for December
delivery was trading at Rs 2839.00, up by 0.21% or Rs 6.00 from its
previous closing of Rs 2833.00. The open interest of the contract stood at
193890 lots on NCDEX.
 Turmeric futures traded higher on NCDEX as speculators built up fresh
positions amid strong demand in the spot market. Besides, limited arrivals
from major growing regions also added support to turmeric prices’
uptrend. The contract for December delivery was trading at Rs 6954.00,
up by 1.58% or Rs 108.00 from its previous closing of Rs 6846.00. The
open interest of the contract stood at 7430 lots. The contract for April
delivery was trading at Rs 7088.00, up by 1.43% or Rs 100.00 from its
previous closing of Rs 6988.00. The open interest of the contract stood at
2565 lots on NCDEX.
 Jeera futures edged higher on NCDEX as participants enlarged their
positions on the back of improved demand in the spot market. Further,
restricted arrivals from the growing regions also fuelled the uptrend. The
contract for November delivery was trading at Rs 19125.00, up by 0.1% or
Rs 20.00 from its previous closing of Rs 19105.00. The open interest of the
contract stood at 129 lots. The contract for December delivery was trading
at Rs 19670.00, up by 0.08% or Rs 15.00 from its previous closing of Rs
19655.00. The open interest of the contract stood at 13794 lots on NCDEX.
Commodities In News
Agri Commodity Update

5. BUY CORIANDER DEC ABOVE 5100 TARGET 5130 5170 5220 SL BELOW 5050 SELL TURMERIC DEC BELOW 6920 TARGET 6890 6850 6800 SL ABOVE 6970
SELL GUARGUM5 DEC BELOW 8170 TARGET 8140 8100 8050 SL 8220
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