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 18 NOVEMBER 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
12557
12647
12421
12647
+0.96
12370
INTRADAY LEVELS
SUPPORT
SUPP.1
12496
SUPP. 2
12346
PIVOT
12572
Dhaniya shortterm trend is up , further more upsideis expected in comimg days.
RESISTANCE
RES. 1
12722
RES. 2
12798
CASTORSEED
DEC
4815
4820
4727
4780
-1.04
109700
INTRADAY LEVELS
SUPPORT
SUPP. 1
4729
SUPP. 2
4677
PIVOT
4779
Castorseed short term trend is up,Prices expected to go up in coming days.
RESISTANCE
RES. 1
4831
RES. 2
4881
TURMERIC
DEC
6302
6420
6260
6390
+1.33
5135
INTRADAY LEVELS
SUPPORT
SUPP. 1
6293
SUPP. 2
6197
PIVOT
6357
Turmeric shortterm trend is up and may continue in coming days.
RESISTANCE
RES. 1
6453
RES. 2
6517
GUARGUM
DEC
13700
14080
13680
13940
+0.87
5587
INTRADAY LEVELS
SUPPORT
SUPP. 1
13720
SUPP. 2
13500
PIVOT
13900
Guargum Short term trend is downExpecting price may go downin coming days.
RESISTANCE
RES. 1
14120
RES. 2
14300

3. Most Active Contract
3
TOP GAINERS
SYMBOL
EXPIRY DATE
CURRENT PRICE
CHANGE
CHANGE %
JEERA
20-11-2014
12230.00
275.00
2.30%
RAPESEED-MUSTARD SEED
20-11-2014
3880.00
17.00
0.44%
TOP LOSERS
SYMBOL
EXPIRY DATE
CURRENT PRICE
CHANGE
CHANGE %
REFINED SOY OIL
20-11-2014
574.40
-8.45
-1.45%
CASTOR SEED NEW
20-11-2014
4705.00
-52.00
-1.09%
GUR
20-11-2014
955.00
-10.00
-1.04%
SOYABEAN
20-11-2014
3227.00
-31.00
-0.95%
CHANA
20-11-2014
3185.00
-21.00
-0.66%
CORIANDER
20-11-2014
12000.00
-28.00
-0.23%
COTTON SEED OIL CAKE AKOLA
19-12-2014
1327.00
-2.00
-0.15%
NCDEX INDICES
Index
Value
Pre. Close
% Change
CASTORSEED
4780
4830
-1.04
CHANA
3155
3199
-1.38
CORIANDER
12647
12527
0.96
GUARGUM
13940
13820
0.87
JEERA
12415
12215
1.64
MUSTARD SEED
3838
3873
-0.9
SOYABEAN
3285
3302
-0.51
TURMERIC
6390
6306
1.33

4. Commodities In News
4
ECONOMIC NEWS
Riceprocurementbygovernmentagenciesislowerby5percentat9.91milliontonnesintheongoing2014-15marketingyearsofarfromlastyear's10.42milliontonnesinthesameperiod.State-runFoodCorporationofIndia(FCI)andstateagenciesundertakeprocurementofriceandwheattoensurethatfarmersgetaminimumsupportprice(MSP).RicemarketingyearrunsfromOctobertoSeptember.Annualprocurementtargetforthisyearis30milliontonnes."RiceprocurementasonNovember16ofthisyearisslightlylowerthanthelastyear'speriod.The2-3lakhtonnesofdifferenceinprocurementsofarwillbecoveredlater,"aseniorFCIofficialtoldmedia.MuchofthegrainpurchaseishappeninginPunjabandHaryana,whiletheprocurementinTelanganahasstartedtoday.
India'sCottonprocurementtargetfor2014-15willlbeintherange10-15millionbales,governmenthassaid.Also,thegovernmentwillconveneaninternationalmeetingtodiscussthecountry'sexportprospectswhicharelikelytobehurtbyChina’sdecisiontoplaceanimportquota.CottonPricesinIndiahaveplungedbelowtheminimumsupportprice(MSP) fixedbytheCentreinTelanganaandAndhraPradeshwhereprocurementisalreadyunderway.Indiaexportsnearly60percentofitscottontoChina,theworld’slargestimporter,whichhasastockpilenearly63millioncottonbales.Indiaexpectsabumperharvestof40million(of170kgeach)forthe2014-15cropyear.Outputwaspeggedat39.8millionbaleslastyear.
Profitbookingwasseeninchanafuturesduetolimitedbuyingbytradersathigherlevelscoupledwithstrongarrivalsinlocalmandies. TheNCDEXfuturesdeclinedby1.45percenttoday.Tradersmentionedthatstrongrallyinchanapricesinthepreviousweekhasencouragedstockiesttoliquidatetheiroldstocksathigherlevels.Thetotaldailyarrivalshavealsobeenincreasedto40motorsintoday'strading.However,overallchanasowinghaswitnessedsluggishtrendastotalacreagewasdeclinedby12percenton14thNovember2014toreach40.99lakhhectares.ThiswasmainlyduetofragilesowinginMadhyaPradeshandUttarPradesh.TheNCDEXChanaDecemberfuturesclosedatRs3155perquintal,down1.38percentfromthelasttrading.TheNCDEXfuturespared1.50percentinopeninterestindicatingfreshsellingbytraders.ChanapricesstablesatpreviouslevelsofaroundRs3100perquintalinDelhi.
Goodarrivalspulledguarseedlowertoday.hetotalarrivalsare1.25lakhbagstoday.Oldandnewstocksareatacomfortablelevel.Exportshavebeenslackinlastfewweeksonmassivecorrectionincrudeoilfuturesglobally.Gumdemandissteadybutwouldpickuponlyifthecrudepricesriseinnearterm.SpotpricesofguarseedweretradingintherangeofRs4500-4700perquintalinJodhpurtoday.
CastorseedpricesfellbyRs80toRs4,827perquintalinfuturestradingtodayasparticipantstrimmedpositionsamidaweakeningtrendinspotmarkets.AttheNationalCommodityandDerivativeExchange, castorseedpricesfordeliveryinfar-monthJanuarycontractsfellbyRs80,or1.63percent,toRs4,827perquintalandopeninterestwereshowedin1,05,350lots.TheDecembercontracttradedRs75,or1.55percent,loweratRs4,755perquintalinanopeninterestof3,04,270lots,whileNovembermonthcontractwasdownbyRs61,or1.28percent,toRs4,703perquintalinanopeninterestof4,640lots.

5. 5FundamentalWatch : Sugar
SUGAR PRICES AT KEY SPOT MARKET
Steadytoweaksentimentsrecordedinkeysugarspotmarketstoday.Lacklustertradeandsluggishdemandledthepricessteadytoweakfortheday.U.Pgovt.declaredcaneSAPofRs280/quintal(normalvariety),Rs290/quintalandRs275/quintal(latevariety) formarketingyear2014-15;whicharesimilartotheratefixedlastyear.Thegovt.hadalsomadeitcompulsoryforthemillerstopaythefirstinstallmentofRs240/quintalwithin14daysofprocurementwhiletheremainingamountneedstobepaidwithinthreemonthsofcompletionofcrushing.FarmersinKarnatakaareplanningtoprotestagainstgovt.proposalforimplementationofex- gatesystem(inplaceofex-fieldsystem)inthestate.Theprotestislikelytohappenfrom.Dec9onwards;whichalsomarksthebeginningofassemblysessioninthestate.GurpricesfelldownandareexpectedtoscrolldownfurtheramidstgoodstockavailabilityintheMaharashtramarkets.ItisnotablethatcanehasdivertedmoretowardsgurproductioninPuneandSangliareathisyear.Inadditiontoit,marketparticipantsisexpectingearlyarrivalsofgurforthenextmarketingyearwhichdrivethepricessouthwardsinthemediumterm.
SugarproductioninThailandisexpectedtorangeinbetween10- 11milliontonsforMY2014-15againstarecordhighof11.3milliontonsthepreviousyear.Hotandhumidclimateconditioncoupledwithscantyrainfallthisyearcitedcuesforthisfallinexpectation.Totalaround14538bagsofgurstoredincoldstoragestill27thOct,2014lowercomparedto21599bagsatsameperiodlastyear.
CENTER
17-Nov-14
15-Nov-14
Change
DELHI
3000
3000
UNCH
DHAMPUR
2960
NA
-
MUMBAI
3200
3200
UNCH
KOLHAPUR
2900
2900
UNCH
VIJAYWADA
3400
3450
-50
NAGPUR
3100
3100
UNCH
KOLKATA
NA
NA
-

6. Technical Outlook
6
BUY DHANIYA DEC ABOVE 12650 TGTS 12680,12730 SL 12600
SELL GUARGUM DEC BELOW 13850 TGTS 13800,13700 SL 13940
SELL CASTORSEED DEC BELOW 4775 TGTS 4745,4695 SL 4825
BUY TMC DEC ABOVE 6410 TGTS 6460,6560 SL 6320

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.