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DAILY AGRI REPORT
10-Jun-2014
NCDEX DAILY Newsletter 4
AGRI COMMODITY DAILY WRAP UP
..!!!!
JEERA FUTURE
According to state's agriculture department,Production of jeera in gujarat is seen rising by 36 percent on year in
2013-2014 to a record 319000 tonnes. Major downside will remain capped as jeera production is expected to fall
in Syria and Turkey due to crop failure amid political unrest.
TURMERIC FUTURE
Turmeric futures declined tracking fall in major spot markets. Poor quality crop arrivals and reports of better
sowing this year are seen pressurizing the prices. During 2013-14 turmeric export performance have seen
decline compared to previous year in terms of volume but higher earnings. Rainfall occurred at many places over
Kerala and at a few places over North interior Karnataka. Isolated rainfall occurred over Coastal Andhra Pradesh,
Rayalaseema,Tamil Nadu, Coastal and South interior Karnataka. Dry weather prevailed over Telangana.
CHANA FUTURE
Chana futures may trade on a mixed note. Ample supplies, weak demand, rising stocks on the exchange
warehouses, higher sowing of summer pulses and higher output in 2013-14 may keep prices under downside
pressure. However, lower level buying coupled with pickup in demand from the millers and lower pulses target
for 2014-15 on forecast of below normal monsoon by the IMD may support prices at lower levels.
SOYABEAN FUTURE
Soybean futures are expected to trade on a negative note in the intraday. Weak overseas markets and poor soy
meal export demand may keep prices under check. However, tight supplies and lower availability of seeds for
sowing may support prices at lower levels.
2 | P a g e
WWW.EPICRESEARCH.CO
CALL: +917316642300
NCDEX DAILY Newsletter 4
NCDEX DAILY TECHNICAL LEVELS
DHANIYA HOURLY CANDLESTICK CHART
Dhaniya july daily chart Consolidating in upper range trend is bullish, trend is bullish RSI is in mid range
Immediate support @ 9780 & Immediate resistance @ 9830.
R1-9629 R2-9909 PP-9819 S1-9768 S2-9729
TRADING STRATEGY:
BUY DHANIYA JUL ABOVE 9830 TGTS 9860,9910 SL 9780
SELL DHANIYA JUL BELOW 9780 TGTS 9760,9710 SL 9830
3 | P a g e
WWW.EPICRESEARCH.CO
CALL: +917316642300
NCDEX DAILY Newsletter 4
NCDEX DAILY TECHNICAL LEVELS
GUARSEED HOURLY CANDLESTICK CHART
Guarseed daily chart, Price bounce from support level, expecting from here onwards guarseed price may go up
Momentum indicators RSI is above mid range. In intraday basis immediate support @ 5165 & immediate resistance @ 5280.
R1-5375 R2-5337 PP-5142 S1-5063 S2-4947
ITRADING STRATEGY:
TRADING STRATEGY:
BUY GUARSEED JUL ABOVE 5280 TGTS 5310,5360 SL 5230
SELL GUARSEED JUL BELOW 5165 TGTS 5135,5085 SL 5215R
4 | P a g e
WWW.EPICRESEARCH.CO
CALL: +917316642300
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
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
+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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Daily agri report 10 jun 2014 by epic research

  • 2. NCDEX DAILY Newsletter 4 AGRI COMMODITY DAILY WRAP UP
..!!!! JEERA FUTURE According to state's agriculture department,Production of jeera in gujarat is seen rising by 36 percent on year in 2013-2014 to a record 319000 tonnes. Major downside will remain capped as jeera production is expected to fall in Syria and Turkey due to crop failure amid political unrest. TURMERIC FUTURE Turmeric futures declined tracking fall in major spot markets. Poor quality crop arrivals and reports of better sowing this year are seen pressurizing the prices. During 2013-14 turmeric export performance have seen decline compared to previous year in terms of volume but higher earnings. Rainfall occurred at many places over Kerala and at a few places over North interior Karnataka. Isolated rainfall occurred over Coastal Andhra Pradesh, Rayalaseema,Tamil Nadu, Coastal and South interior Karnataka. Dry weather prevailed over Telangana. CHANA FUTURE Chana futures may trade on a mixed note. Ample supplies, weak demand, rising stocks on the exchange warehouses, higher sowing of summer pulses and higher output in 2013-14 may keep prices under downside pressure. However, lower level buying coupled with pickup in demand from the millers and lower pulses target for 2014-15 on forecast of below normal monsoon by the IMD may support prices at lower levels. SOYABEAN FUTURE Soybean futures are expected to trade on a negative note in the intraday. Weak overseas markets and poor soy meal export demand may keep prices under check. However, tight supplies and lower availability of seeds for sowing may support prices at lower levels. 2 | P a g e WWW.EPICRESEARCH.CO CALL: +917316642300
  • 3. NCDEX DAILY Newsletter 4 NCDEX DAILY TECHNICAL LEVELS DHANIYA HOURLY CANDLESTICK CHART Dhaniya july daily chart Consolidating in upper range trend is bullish, trend is bullish RSI is in mid range Immediate support @ 9780 & Immediate resistance @ 9830. R1-9629 R2-9909 PP-9819 S1-9768 S2-9729 TRADING STRATEGY: BUY DHANIYA JUL ABOVE 9830 TGTS 9860,9910 SL 9780 SELL DHANIYA JUL BELOW 9780 TGTS 9760,9710 SL 9830 3 | P a g e WWW.EPICRESEARCH.CO CALL: +917316642300
  • 4. NCDEX DAILY Newsletter 4 NCDEX DAILY TECHNICAL LEVELS GUARSEED HOURLY CANDLESTICK CHART Guarseed daily chart, Price bounce from support level, expecting from here onwards guarseed price may go up Momentum indicators RSI is above mid range. In intraday basis immediate support @ 5165 & immediate resistance @ 5280. R1-5375 R2-5337 PP-5142 S1-5063 S2-4947 ITRADING STRATEGY: TRADING STRATEGY: BUY GUARSEED JUL ABOVE 5280 TGTS 5310,5360 SL 5230 SELL GUARSEED JUL BELOW 5165 TGTS 5135,5085 SL 5215R 4 | P a g e WWW.EPICRESEARCH.CO CALL: +917316642300
  • 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. 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 +91 97521 99966 Or give us a missed call at 026 5309 0639 6 | P a g e WWW.EPICRESEARCH.CO CALL: +917316642300