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.
2. NCDEX DAILY Newsletter 4
AGRI COMMODITY DAILY WRAP UP…..!!!!
CHANA FUTURE
Chana rates firmed up further as domestic demand rose in the mandis and a fall in arrivals at these lower levels further
supported the sentiments. Traders anticipate present rates to be on the lower side and expect demand to start picking up
further in coming days. Slight fall in crop quality in Maharashtra, MP and Rajasthan have been reported. Prospects of
demand rising ahead are likely to keep sentiments Bullish in the medium term though short term trend likely to remain
volatile.
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.
GUARSEED FUTURE
Fundamentals had remained weak for last few months as huge carryover stocks from last year, low export demand and
better sowing reports from good rains in Rajasthan, Haryana and Gujarat had kept prices down Even with higher stocks
in domestic markets, reports indicate stocks in International markets which was high earlier, has fallen over last few
months.
REFINED SOYA FUTURE
Refined Soya markets continued the firm sentiments due to good buying support and strong support from international
market with supplies drying off from the major exporters. Soybeans rose the most in two weeks on speculation that
increased demand will reduce supplies in the U.S.
2 | P a g e
WWW.EPICRESEARCH.CO
CALL: +917316642300
3. NCDEX DAILY Newsletter 4
NCDEX DAILY TECHNICAL LEVELS
DHANIYA HOURLY CANDLESTICK CHART
Dhaniya daily chart,price is in support level,we will waiting for the closing of next trading session, where it will
give however trend is bullish. momentum indicator RSI is below mid range
Immediate support @ 9180 & Immediate resistance @ 9275.
R1-9424 R2-9634 S1-9069 S2-8924
TRADING STRATEGY:
BUY DHANIYAABOVE 9275 TGTS 9305,9355 SL 9225
SELL DHANIYA BELOW 9180 TGTS 9150,9100 SL 9230
3 | P a g e
WWW.EPICRESEARCH.CO
CALL: +917316642300
4. NCDEX DAILY Newsletter 4
NCDEX DAILY TECHNICAL LEVELS
GUARSEED HOURLY CANDLESTICK CHART
Guarseed may daily chart breaks consolidation in upper side. expecting from here onwards guarseed price may go up
Momentum indicators RSI is in overbought zone signs bullishness.
In intraday basis immediate support @ 5280 & immediate resistance @ 5220.
R1-5317 R2-5368 S1-5162 S2-5058
ITRADING STRATEGY:
TRADING STRATEGY:
BUY GUARSEED ABOVE 5280 TGTS 5310,5360 SL 5230
SELL GUARSEED BELOW 5220 TGTS 5190,5140 SL 5270R
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