1. DAILY AGRI COMMODITY REPORT 25 NOVEMBER 2014
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2. Market Views
2
MONTH
OPEN
HIGH
LOW
CLOSE
% CHG
VOL
MONTH
OPEN
HIGH
LOW
CLOSE
% CHG
VOL
DHANIYA
DEC
13150
13225
12910
12946
-1.72
16690
INTRADAY LEVELS
SUPPORT
SUPP.1
12837
SUPP. 2
12718
PIVOT
13031
Dhaniya shortterm trend is up , further more upsideis expected in comimg days.
RESISTANCE
RES. 1
13150
RES. 2
1334
CASTORSEED
DEC
4815
4834
4730
4727
-1.99
96820
INTRADAY LEVELS
SUPPORT
SUPP. 1
4697
SUPP. 2
4662
PIVOT
4765
Castorseed short term trend is up,Prices expected to go up in coming days.
RESISTANCE
RES. 1
4800
RES. 2
4868
TURMERIC
DEC
6348
6476
6348
6470
+2.41
6920
INTRADAY LEVELS
SUPPORT
SUPP. 1
6367
SUPP. 2
6263
PIVOT
6421
Turmeric shortterm trend is up and may continue in coming days.
RESISTANCE
RES. 1
6525
RES. 2
6579
GUARGUM
DEC
14380
14500
14200
14210
-0.84
6659
INTRADAY LEVELS
SUPPORT
SUPP. 1
14113
SUPP. 2
14007
PIVOT
14307
Guargum Short term trend is up,Expecting price may go upin coming days.
RESISTANCE
RES. 1
14413
RES. 2
14607
3. Most Active Contract
3
TOP GAINERS
SYMBOL
EXPIRY DATE
CURRENT PRICE
CHANGE
CHANGE %
SOYABEAN
19-12-2014
3373.00
85.00
2.59%
TURMERIC
19-12-2014
6442.00
146.00
2.32%
RAPESEED-MUSTARD SEED
19-12-2014
3903.00
73.00
1.91%
TOP LOSERS
SYMBOL
EXPIRY DATE
CURRENT PRICE
CHANGE
CHANGE %
CORIANDER
19-12-2014
12975.00
-325.00
-2.44%
JEERA
19-12-2014
12120.00
-245.00
-1.98%
GUR
19-12-2014
972.50
-10.50
-1.07%
CASTOR SEED NEW
19-12-2014
4795.00
-23.00
-0.48%
NCDEX INDICES
Index
Value
Pre. Close
% Change
CASTORSEED
4731
4827
-1.99
CHANA
3159
3193
-1.06
CORIANDER
12956
13183
-1.72
GUARGUM
14220
14340
-0.84
JEERA
12110
12290
-1.46
MUSTARD SEED
3913
3851
1.61
SOYABEAN
3369
3332
1.11
TURMERIC
6470
6318
2.41
5. 5FundamentalWatch : Sugar
SUGAR PRICES AT KEY SPOT MARKETS National & International Market Update
Marketsentimentstradedsteadytoweakassellingpressuresurgedoutcompellingdomesticproducerstoselloldstocksevenatalowerrate. TendersareinvitedbyGOVERNMENTOFANDAMANANDNICOBARISLANDfortransportationandhandlingofsugarfortheyear2014-2015.Openingdateoftendershasbeenfixedat15thDecember,2014.AspertheISMAreport,sugarproductioninthecountryfor2014-15(till15thNov,2014)standoutat5.6lakhtonsasagainst4.6lakhtonesduringthesameperiod.Sofar,thedatacollectedwasfrom141sugarmillsmostlyoperatinginMaharashtra,KarnatakaandGujaratwhilecrushingprocessisstillpendinginstateslikeUttarPradesh.U.Pgovt.declaredcaneSAPofRs280/quintal(normalvariety),Rs290/quintal(earlyripeningvariety)andRs275/quintal(latevariety)formarketingyear2014-15;whicharesimilartotheratefixedlastyear.Thegovt.hadalsomadeitcompulsoryforthemillerstopaythefirstinstallmentofRs240/quintalwithin14daysofprocurementwhiletheremainingamountneedstobepaidwithinthreemonthsofcompletionofcrushing.
SugarproductioninThailandisexpectedtorangeinbetween10-11milliontonsforMY2014-15againstarecordhighof11.3milliontonsthepreviousyear.Hotandhumidclimateconditioncoupledwithscantyrainfallthisyearcitedcuesforthisfallinexpectation.Braziliangovt. furnishedanexportof2.1milliontonsofrawsugarinOctober,2014comparedto1.7milliontonslastmonth.Alsotheresawariseof0.03milliontonsofrawexportwhenmadecomparisonony-o-ybasis.
CENTER
24-Nov-14
22-Nov-14
Change
DELHI
2900
2930
-30
DHAMPUR
2830
2820
10
MUMBAI
3180
3190
-10
KOLHAPUR
2900
NA
-
VIJAYWADA
3380
3380
UNCH
NAGPUR
3100
3100
UNCH
KOLKATA
3000
NA
-
6. Technical Outlook
6
SELL DHANIYA DEC BELOW 12925 TGTS 12895,12845 SL 12975
SELL GUARGUM DEC BELOW 14210 TGTS 14160,14060 SL 14300
SELL CASTORSEED DEC BELOW 4725 TGTS 4695,4645 SL 4775
BUY TMC DEC ABOVE 6480 TGTS 6530,6630 SL 6390
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