2. NCDEX DAILY Newsletter 4
AGRI COMMODITY DAILY WRAP UP…..!!!!
CHANA FUTURE
After the massive fall the earlier day,demand started picking up in the mandis at the lower levels and a fall in
arrivals at these lower rates too supported the market sentiments, as a moderate recovery was noted for Chana.
Reports of Govt thinking about steps to control Food Inflation are still preventing any strong uptrend for this
commodity rates. Higher production in Pulses, better Monsoon reports and a weak Dollar too have kept
sentiments slight weak.
TURMERIC FUTURE
Turmeric futures are seen down due to lack of strong demand for poor quality arrivals, coupled with huge
carryover stocks. However, the downside in the yellow spice is likely to be limited on hopes of a rise in export
enquiries. Meanwhile, during 2013-14 turmeric export performance have seen decline compared to previous
year in terms of volume but higher earnings. As per the latest report from Andhra Pradesh Horticulture
Department, production of turmeric in the state for this year is seen declining by 11 percent to 1.02 million
tonnes, as against last year.
JEERA FUTURE
After the recent corrections in rates,arrivals fell in Unjha mandi at these lower levels. Traders expect Exports to
pick up in coming weeks but a weak Dollar has been affecting the Export demand adversely. Again, reports of
Govt likely to initiate steps to control price rise has kept market sentiments slight weak. With Exports expected to
improve in coming weeks, the Dollar/Re movement would be important for the Export realizations. A falling
Dollar may limit the uptrend for the commodity rates despite higher Exports getting noted.
2 | P a g e
WWW.EPICRESEARCH.CO
CALL: +917316642300
3. NCDEX DAILY Newsletter 4
NCDEX DAILY TECHNICAL LEVELS
DHANIYA HOURLY CANDLESTICK CHART
Dhaniya jun daily chart Consolidating in upper range trend is bullish,trend is bullish RSI is in mid range
Immediate support @ 9375 & Immediate resistance @ 9480.
R1-9629 R2-9787 PP-9488 S1-9302 S2-9189
TRADING STRATEGY:
BUY DHANIYA JUN ABOVE 9435 TGTS 9455,9505 SL 9385
SELL DHANIYA JUN BELOW 9405 TGTS 9475,9425 SL 9455
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,trend is in support level. expecting from here onwards guarseed price may go up
Momentum indicators RSI is above mid range. In intraday basis immediate support @ 5065 & immediate resistance @ 5200.
R1-5375 R2-5305 PP-5135 S1-5035 S2-4965
ITRADING STRATEGY:
TRADING STRATEGY:
BUY GUARSEED JUN ABOVE 5200 TGTS 5230,5280 SL 5150
SELL GUARSEED JUN BELOW 5065 TGTS 5035,4985 SL 5115R
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
