Our company gives and suggest best opportunities to our existing and new clients.As we are constantly progressing, we use to wider our span to help more.

1. DAILY AGRI COMMODITY REPORT 01 December 2014
HNI & NRI Sales Contact Australia
Mintara Road, Tarneit, Victoria. Post Code 3029
Phone.: +61 422 063855
HNI & NRI Sales Contact USA
2117 Arbor Vista Dr. Charlotte (NC)
Cell: +1 704 249 2315
Toll Free Number
1-800-200-9454
All queries should be directed to
Info@epicresearch.co
1
Epic Research India
411 Milinda Manor (Suites 409-417)
2 RNT Marg. Opp Central Mall
Indore (M.P.)
Hotline: +91 731 664 2300
Alternate: +91 731 664 2320
Or give us a missed call at
026 5309 0639
Our Presence
YOUR MINTVISORYCall us at +91-731-6642300

2. Market Views
2
MONTH
OPEN
HIGH
LOW
CLOSE
% CHG
VOL
MONTH
OPEN
HIGH
LOW
CLOSE
% CHG
VOL
DHANIYA
DEC
12956
12956
12775
12910
-0.53
10040
INTRADAY LEVELS
SUPPORT
SUPP.1
12797
SUPP. 2
12684
PIVOT
12888
Dhaniya shortterm trend is down , further more downsideis expected in comimg days.
RESISTANCE
RES. 1
13001
RES. 2
13092
CASTORSEED
DEC
4590
4590
4418
4418
-4.00
161220
INTRADAY LEVELS
SUPPORT
SUPP. 1
4357
SUPP. 2
4295
PIVOT
4479
Castorseed short term trend is down,Prices expected to go down in coming days.
RESISTANCE
RES. 1
4541
RES. 2
4663
TURMERIC
DEC
6520
6520
6382
6410
-1.51
2570
INTRADAY LEVELS
SUPPORT
SUPP. 1
6355
SUPP. 2
6299
PIVOT
6437
Turmeric shortterm trend is up and may continue in coming days.
RESISTANCE
RES. 1
6493
RES. 2
6575
GUARGUM
DEC
13020
13020
12730
12730
-4.00
8521
INTRADAY LEVELS
SUPPORT
SUPP. 1
12633
SUPP. 2
12537
PIVOT
12827
Guargum Short term trend isdown, Expecting price may go downin coming days.
RESISTANCE
RES. 1
12923
RES. 2
13117

3. Most Active Contract
3
TOP GAINERS
SYMBOL
EXPIRY DATE
CURRENT PRICE
CHANGE
CHANGE %
CASTOR SEED NEW
19-12-2014
4418.00
-184.00
-4.00%
CHANA
19-12-2014
3086.00
-60.00
-1.91%
JEERA
19-12-2014
12100.00
-205.00
-1.67%
TURMERIC
19-12-2014
6410.00
-98.00
-1.51%
COTTON SEED OIL CAKE AKOLA
19-12-2014
1335.00
-15.00
-1.11%
GUR
19-12-2014
950.50
-10.50
-1.09%
CORIANDER
19-12-2014
12910.00
-69.00
-0.53%
SOYABEAN
19-12-2014
3304.00
-14.00
-0.42%
REFINED SOY OIL
19-12-2014
579.40
-1.15
-0.20%
TOP LOSERS
SYMBOL
EXPIRY DATE
CURRENT PRICE
CHANGE
CHANGE %
BARLEY
19-12-2014
1662.00
2.00
0.12%
NCDEX INDICES
Index
Value
Pre. Close
% Change
CASTORSEED
4418
4602
-4.00
CHANA
3086
3146
-1.91
CORIANDER
12910
12979
-0.53
GUARGUM
12730
13260
-4.00
JEERA
12100
12305
-1.67
MUSTARD SEED
3884
3891
-0.18
SOYABEAN
3304
3318
-0.42
TURMERIC
6410
6508
-1.51

4. Commodities In News
4
ECONOMICNEWS
TotapNorthEaststates'potentialtoemergeasadestinationforcultivationofspices,theSpicesBoardhasembarkedonplanstopromotefarmingofawiderangeofproducethatfetchgreatdemandindomesticandglobalmarkets.AccordingtotheBoard,withAssaminthecorelocation,ArunachalPradesh, Manipur,Nagaland,Tripura,MeghalayaandMizoramarecongenialgroundsforcommercialcultivationofspicesretainingtheiruniquegenericproperties.SpiceIndia,theofficialjournalofKochi-basedSpicesBoard,saidtherichlandandthealluvialsoildepositsalongtheBrahmaputrariverbasinandthetropicalrainforestsofferasplendidbackdropfororganicfarming."Givenasupport,thesefactorscancontributetowardsimprovingfarmincomes,enhancingfoodandnutritionsecurity,acceleratingtheoveralleconomicgrowthoftheregionandmarketabilityofproducefromthisregion,"TheprojectisexpectedtogiveafilliptoavarietyofspiceslikeNagachillies,highlypungentbird'seyechilliesofMizoram.
SittinginhisvillageinthedesertstateofRajasthan,SehdevBishnoiworriesthatoilfirmsaworldawayintheUnitedStateswillbuylessofhisguarinfuture,endingashort-livedboomthathelpedhimandotherIndianfarmersoutofpoverty.Foodfirmsarealsobuyersandthesectorislikelytotakemorethisyearastradersscoutoutnewmarkets,Drillersusethegumderivedfromguar,alsoknownasclusterbeans,forhydraulicfracturingandmanypoorfarmersswitchedcropstoridetheUSshaleboom.Guargumexportshadbeentickingalongataround200,000tonnesayearuntil2009/10,butasUSfrackersstockedup,shipmentsjumpedtoarecordofabout700,000tonnesinthefinancialyeartoMarch2012.
Guarseedandguargumslumpedtodayasheavycorrectioninglobalcrudeoilpricesmadetraderswaryabouttheexportdemandforguargum.Overalldemandhasbeenpoorinbothcommoditiesinlastfewdays.Thearrivalsinmajormandiesarehoveringaround1-1.25lakhbangs.Overallscenarioremainslaxafterasteadytrendwaswitnessedinthecommodityafterthemassivearrayoflossesinthelastfewdays.Notmuchofanupsideisseeninthecommodityamidlackofexportdemandforguarmeal.Apersistentdrophasbeenseeninworldcrudeoilmarkets.WTIcrudeoilslumpedunder$68perbarrellastnightasacloselywatchedmeetingoftheOrganizationofthePetroleumExportingCountries(OPEC)saiditwouldmaintaintheproductionlevelof30millionbarrelsperday.GuarseedpricesaretradingatRs4700perquintal,downRs100perquintalinJodhour-itssixmonthlowmark.
Jeerapricesaresteadyafteramassivearrayofgainsinlastfewweeks.ThedemandremainsstrongandtherecentboutofweaknessintheIndianRupeeislikelytokeeptheexportsbuoyant.HugedeclineisestimatedinJeerasowinginthecurrentyear.Thepricesarelikelytobesupportiveinthenearterm.Arrivalsarethinningnowastheseasonaltrendsswingintoaction.
Goodstocksinreadymarketsarelikelytocapgainsinthecastorseedpricesincomingmonths.Thecommodityhaswitnessedadownwardmovementinlastfewweeks.Aspersources,thefavouarbleweatherconditionsinmajorcastorseedgrowingstatessuchasRajasthanandGujaratwillincreasethecastorseedproductionbyalmost10-15percentinthecurrentyear.ThepriceslingeratRs4600perquintalinDisa-theironemonthlow.

5. 5FundamentalWatch : Sugar
SUGAR PRICES AT KEY SPOT MARKETS
National & International Market Update
Sugarpricescontinueditsdowntrendfollowingreduceddemandfromstockiestandbulkconsumersamidstadequatestockpositions.TendersareinvitedforlocalpurchaseofsugarbyIHQOFMOD(ARMY).Openingdatefortendershasbeenfixedat02ndDec,2014.AspertheUNICAreport,sugarproductioninBrazil’scentre-southregiondeclined42%from2.08milliontons(lasttwoweeksofOctober)to1.21milliontonsinthefirsttwoweeksofNovember.ThiswasduetotheseveredraughtfacedbyBrazilinearly2014thatresultedintofasteningofharvestingprocessandlessercaneavailabilitybytheseasonend.Indiaimportedrecordlevelsugarlastweekasthedomesticproducersstoppedproducingrawsugaramidloominguncertaintyovergovt. exportsubsidy.Moreover,adepreciatingBrazilianrealcurrencyandamplestockavailability(inBrazil)furtherlandedsupporttothemasspurchasemade.Reportedly,Indiaimported85.45thousandtonsofrawsugarfromBrazilfortheweekending23rdNov,2014.Maharashtrahadchurnedaround36.01lakhMTofsugarcane(asby13thNov,2014)toproduce2.97lakhMTofsugarforthenewmarketingsession2014-15.Notably,97sugarmills(bothprivateandcooperative)hadparticipatedinthecrushingprocessyieldinganaveragecanerecoveryof8.26%.Braziliangovt.furnishedanexportof2.1milliontonsofrawsugarinOctober,2014comparedto1.7milliontonslastmonth.Alsotheresawariseof0.03milliontonsofrawexportwhenmadecomparisonony-o-ybasis.
CENTER
28-Nov-14
27-Nov-14
Change
DELHI
2975
2975
UNCH
DHAMPUR
2830
2830
UNCH
MUMBAI
3012
3060
-48
KOLHAPUR
2750
2750
UNCH
VIJAYAWADA
3340
3380
-40
NAGPUR
3100
3100
UNCH
KOLKATA
3050
3000
50

6. Technical Outlook
6
SELL DHANIYA DEC BELOW 12880 TGTS 12850,12800 SL 12930
SELL GUARGUM DEC BELOW 12700 TGTS 12650,12550 SL 12780
SELL CASTORSEED DEC BELOW 4400 TGTS 4370,4320 SL 4450
SELL TMC DEC BELOW 6380 TGTS 6330,6230 SL ABOVE 6460

7. Disclaimer
The information and views in this report, our website & all the service we provide are believed to be reliable, but we do notaccept any responsibility (or liability) for errors of fact or opinion. Users have the right to choose the product/s that suits them themost.
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 positionsinthe stocks recommended. It is understood that anyone who is browsing through the site has done so at his free will and does not readany views expressed as a recommendation for which either the site or its owners or anyone can be held responsible for. Any surfingand 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 toforward or share our calls or SMS or Report or Any Information Provided by us to/with anyone which is received directly or indirectly bythem. If found so then Serious Legal Actions can be taken.