DAILY AGRI REPORT
7-APR-2014
NCDEX DAILY Newsletter 4
AGRI COMMODITY DAILY WRAP UP…..!!!!
JEERA FUTURE
Jeera futures are expected to trade lower due to...
NCDEX DAILY Newsletter 4
NCDEX DAILY TECHNICAL LEVELS
DHANIYA HOURLY CANDLESTICK CHART
Dhaniya daily chart shows bullish t...
NCDEX DAILY Newsletter 4
NCDEX DAILY TECHNICAL LEVELS
GUARSEED HOURLY CANDLESTICK CHART
Guarseed apr short term trend look...
NCDEX DAILY Newsletter 4
DISCLAIMER
The information and views in this report, our website & all the service we provide are...
NCDEX DAILY Newsletter 4
CONTACT US:
WWW.EPICRESEARCH.CO
Epic Research Private Limited Corporate Office
411 Milinda Manor ...
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Daily agri market report 07 april-2014 by epic research

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Daily agri ncdex update gives through epic research ,its give accurate tips or price news about market for clients,this help they earn profit get return on own investment.

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Daily agri market report 07 april-2014 by epic research

  1. 1. DAILY AGRI REPORT 7-APR-2014
  2. 2. NCDEX DAILY Newsletter 4 AGRI COMMODITY DAILY WRAP UP…..!!!! JEERA FUTURE Jeera futures are expected to trade lower due to selling pressure as arrivals of the new crop are rising sharply in spot markets. The off take is likely to remain limited due to expectation of high output on significant rise in sowing. However, expectations of pick up in export may limit sharp fall in prices. As per the latest data by Gujarat Agriculture Board, total acreage of jeera in the state has been increased by 1.05 lakh hectares from the last year to 4.54 lakh hectares. Traders estimated that total production of jeera is likely to increase by 10 lakh bags to around 46 lakh bags in the current year. TURMERIC FUTURE India exported 50500 tonnes of turmeric for Rs.408.28 crore during April-November 2013, up 11 percent and 41 percent respectively in volume and value of exports over the same period last year. The Nizamabad market remained closed from Mar 28 to Apr 2 for the financial year end. CARDAMOM FUTURE Cardamom futures may trade with a positive bias on firm overseas demand . Meanwhile, strong arrivals likely to limit sharp rise in prices.As per market source,the Spices Board of India has allowed cardamom producers to sell their produce directly to dealers licensed by the Board. CHANA FUTURE Chana futures are expected to trade on a negative note today. Good sowing reports from MP, UP and Rajasthan amidst high stocks, rise in imports and fall in demand have pressurized Chana rates for last few months. As per ministry of Agriculture reports, sown area for Rabi Pulses is projected at a record high 16.2 million. Significant improvement in yield to move above 900kg/ha was also possible due to conducive weather. 2 | P a g e WWW.EPICRESEARCH.CO CALL: +917316642300
  3. 3. NCDEX DAILY Newsletter 4 NCDEX DAILY TECHNICAL LEVELS DHANIYA HOURLY CANDLESTICK CHART Dhaniya daily chart shows bullish trend,but it has not given closing above its resistance 9730 in daily chart, expecting profit booking will continue in upcomming trading session.RSI is in mid range.Immediate support @ 9230 & Immediate resistance @ 9350. R1-9454 R2-9597 S1-9174 S2-9037 TRADING STRATEGY: BUY DHANIYA APR ABOVE 9350 TGTS 9380,9430 SL 9300 SELL DHANIYA APR BELOW 9230 TGTS 9200,9150 SL 9280 3 | P a g e WWW.EPICRESEARCH.CO CALL: +917316642300
  4. 4. NCDEX DAILY Newsletter 4 NCDEX DAILY TECHNICAL LEVELS GUARSEED HOURLY CANDLESTICK CHART Guarseed apr short term trend looking sideways to bearish in daily chart. Momentum indicators RSI is in mid range. In intraday basis immediate support @ 4710 & immediate resistance @ 4775. R1-4765 R2-4800 S1-4705 S2-4680 DITRADING STRATEGY: TRADING STRATEGY: BUY GUARSEED APR ABOVE 4775 TGTS 4805,4855 SL 4725 SELL GUARSEED APR BELOW 4710 TGTS 4680,4630 SL 4760 ER 4 | P a g e WWW.EPICRESEARCH.CO CALL: +917316642300
  5. 5. NCDEX DAILY Newsletter 4 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. 5 | P a g e WWW.EPICRESEARCH.CO CALL: +917316642300
  6. 6. NCDEX DAILY Newsletter 4 CONTACT US: WWW.EPICRESEARCH.CO Epic Research Private Limited Corporate Office 411 Milinda Manor (Suites 409 - 417) 2 RNT MargOpp Central Mall Indore (M.P.) Hotline: +91 731 664 2300 / 2427 / 2230 Alternate: +91 731 664 2320 / 2226 +91 97521 99966 Or give us a missed call at 026 5309 0639 6 | P a g e WWW.EPICRESEARCH.CO CALL: +917316642300

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