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9
Daily Newsletter- AGRI
COMMODITY
25JULY 2013
www.TheEquicom.com Page 2
MARKET WRAP.
Jeera Unjha august contract is down by more than 0.55% on today trading session.
NC...
www.TheEquicom.com Page 3
DAILY MARKET UPDATE
COMMODITY P.CLOSE LAST CLOSE NET CHANGE % CHANGE
SOYABEAN (18OCT 2013 )
3052...
www.TheEquicom.com Page 4
TECHNICAL VIEW
Turmeric (AUG.)
`
• BEARISH
• SELL ON HIGH
TREND
STRATEGY
• 5830
• 5980
RESISTANC...
www.TheEquicom.com Page 5
DHANIYA (20 AUG.)
•BEARISH
•SELL ON HIGH
TREND
STRATEGY
•5970
•6095
RESISTANCE
•5550
•5485
SUPPO...
www.TheEquicom.com Page 6
JEERA (AUG.)
•CONSOLIDATE
•BUY ON DIPS
TREND
STRATEGY
•13620
•13670
RESISTANCE
•13110
•12920
SUP...
www.TheEquicom.com Page 7
COMMODITY CONTRACT RESISTANCE SUPPORT TREND STRATAGEY
JEERA UNJHA August R1:13750
R2:13990
S1: 1...
www.TheEquicom.com Page 8
Disclaimer
The information and views in this report, our website & all the service we provide ar...
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Daily agri news letter 25 july 2013

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Daily agri news letter 25 july 2013 by Theequicom Financial Research Pvt. Ltd.

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Daily agri news letter 25 july 2013

  1. 1. 9 Daily Newsletter- AGRI COMMODITY 25JULY 2013
  2. 2. www.TheEquicom.com Page 2 MARKET WRAP. Jeera Unjha august contract is down by more than 0.55% on today trading session. NCDEX Dhaniya August contract closed down by 1.29 % on today. open:5681 High: 5726 Low: 5560 Close: 5655 Soyabean Indore has lost 1.83%. NCDEX Turmeric August contract is closed down by 3.52% on Wednesday. NCDEX Chana August contract closed @2739 hit 2 years low and registering loss of.55% on Wednesday open: 2751 High: 2773 Low:2713 Close: 2739 INTRADAY VIEW. NCDEX August Chana is going down continuously and making lower lows however the momentum indicator is making higher low indicating divergence. There is probability of trend reversal to the upside. The trend in NCDEX coriander futures for August delivery is negative; however, further short covering is expected at current levels. For intra-day, support for the commodity is seen at 5550 while 5825 is the resistance. Traders may sell around 5795 with the stop loss of 5825 for the target of 5550. The trend in Soyabean futures for August delivery is bearish and downward movement is expected in the near term. Resistance: 3050, 3105 Support: 2990, 2945. The trend in castor seed futures for August delivery is positive and further up-tick is expected from current level NCDEX Turmeric for August delivery may trade negative on Thursday Resistance: 5900, 5950 Support: 5520, 5475
  3. 3. www.TheEquicom.com Page 3 DAILY MARKET UPDATE COMMODITY P.CLOSE LAST CLOSE NET CHANGE % CHANGE SOYABEAN (18OCT 2013 ) 3052.00 3000.00 -52.00 -1.70 REFINED SOYA OIL (20AUG2013) 657.45 651.50 -5.95 -0.91 DHANIYA (20AUG2013 ) 5730.00 5655.00 -75.00 -1.31 JEERA (20AUG2013 ) 13322.00 13270.00 -52.00 -0.39 TURMERIC (20AUG2013 ) 5730.00 5540.00 -190.00 -3.32 CHANA (20AUG2013 ) 2755.00 2739.00 -16.00 -0.58 GUARSEED (18OCT 2013 ) 4930.00 4880.00 -50.00 -1.01 GUARGUM (18OCT 2013 ) 13890.00 13730.00 -160.00 -1.15 CASTORSEED (20AUG2013 ) 3442.00 3365.00 -77.00 -2.24 RMSEED (20AUG2013 ) 3317.00 3219.00 -98.00 -2.95
  4. 4. www.TheEquicom.com Page 4 TECHNICAL VIEW Turmeric (AUG.) ` • BEARISH • SELL ON HIGH TREND STRATEGY • 5830 • 5980 RESISTANCE • 5510 • 5465SUPPORT
  5. 5. www.TheEquicom.com Page 5 DHANIYA (20 AUG.) •BEARISH •SELL ON HIGH TREND STRATEGY •5970 •6095 RESISTANCE •5550 •5485 SUPPORT
  6. 6. www.TheEquicom.com Page 6 JEERA (AUG.) •CONSOLIDATE •BUY ON DIPS TREND STRATEGY •13620 •13670 RESISTANCE •13110 •12920 SUPPORT
  7. 7. www.TheEquicom.com Page 7 COMMODITY CONTRACT RESISTANCE SUPPORT TREND STRATAGEY JEERA UNJHA August R1:13750 R2:13990 S1: 13110 S2:12920 CONSOLIDATE SELL ON HIGH CASTORSEED August R1:3505 R2: 3655 S1:3350 S2:3320 BEARISH SELL ON HIGH GUARSEED October R1: 5335 R2: 5465 S1:4810 S2: 4730 CONSOLIDATE BUY ON DIPS REFINED OIL October R1: 676.00 R2:683.00 S1: 650.00 S2: 647.00 BEARISH SELL ON HIGH CHANA August R1: 3155 R2: 3190 S1:2710 S2: 2630 BEARISH SELL ON HIGH RMSEED August R1:3410 R2:3450 S1:3210 S2:3180 BEARISH SELL ON HIGH CHILLI August R1:5690 R2:5800 S1:5390 S2:5290 BULLISH BUY ON DIPS
  8. 8. www.TheEquicom.com Page 8 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. TheEquicom recommends that investors independently evaluate particular investments and strategies, and encourages investors to seek the advice of a financial adviser. TheEquicom 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 NCDEX. The commodity 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 TheEquicom 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 Commodity and equity 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 JULY arise from the recommendations above. TheEquicom 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.

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