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MONEY CLASSIC RESEARCH
AGRI DAILY REPORT
15-04-2015
AGRI COMMODITY UPDATE

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AGRI DAILY REPORT 15-04-2015
DAILY MARKET WRAPUP:
COMMODITY OPEN HIGH LOW CLOSE
CASTORSEED 3781 3805 3742 3747
DHANIYA 9300 9616 9250 9350
SYOREFIDR 571.80 575.90 571.80 573.55
RMSEED 3598 3666 3582 3665
JEERAUNJHA 16950 17905 16950 17905
CHANA 3868 3942 3853 3912
MENTHAOIL 942.00 972.90 926.40 968.50
SYBEANIDR 3570 3615 3562 3604

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AGRI DAILY REPORT 15-04-2015
COMMODITY NEWS:
 Turmeric May contract was still positive with 3.23 percent on
Monday last trade price noted 8634 at NCDEX India. Expectation
is that turmeric may contract bullish for both short term and
intraday. Further few days market recovered strongly for turmeric
as demand high in the local mandies. Turmeric make positive with
demand from north India and export demand expected to rise in
coming weeks. Short term support for Turmeric May contract is
seen at 7850 and resistance at 8750. Intraday support is seen at
8325 and resistance at 8670.
 Jeera May contract close with new high 17905 level with 5.98 %
on Monday at National Commodity & Derivatives Exchange
Limited. Jeera may contract continue bullish trend for lower
sowing area in Gujarat and Rajasthan and expected fall in
production would likely keep long term Bullish sentiments intact
as exports rise in mandis. Jeera May contract is likely to trade
bullish for both short term and intraday. Intraday support is at
16900 and resistance at 17935.
 Chana May contract continue positive noted on last few days. On
Monday rose by 1.16 percent to 3912 level at NCDEX. Rising
domestic demand possibility of surge in imports in coming weeks
could support prices further. Some natural calamities affected the
production that supports the price level. Last week profit booking
also seen at higher level. Chana May contract is likely to trade
bullish for both short term and intraday with intraday support is
seen at 3840 and resistance at 3950.

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AGRI DAILY REPORT 15-04-2015
CHANA TECHNICAL UPDATE
NCDEX CHANA MAY 2015
Researcher View:-
The above Daily chart of CHANA suggests that prices have reverse after
taking support level. RSI is in a buy mode. We expect prices to correct
up to levels of 3960.

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AGRI DAILY REPORT 15-04-2015
TURMERIC TECHNICAL UPDATE
NCDEX TURMERIC MAY 2015
Researcher View:-
The above Daily chart of TURMERIC suggests that prices have reverse
after taking support level. RSI is in a buy mode. We expect prices to
correct up to levels of 8680.

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AGRI DAILY REPORT 15-04-2015
GUARGUM TECHNICAL UPDATE
NCDEX GUARGUM MAY 2015
Researcher View:-
The above Daily chart of GUARGUM suggests that prices have reverse
after taking support level. RSI is in a buy mode. We expect prices to
correct up to levels of 10600.

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AGRI DAILY REPORT 15-04-2015
DISCLAIMER
• The information contained here was gathered from sources deemed reliable
however; no claim is made as to accuracy or content. This does not contain specific
recommendations to buy or sell at particular prices or time, nor should any
examples presented be deemed as such. There is a risk of loss in commodity
trading and you should carefully consider your financial position before making a
trade. This is not, nor is it intended, to be a complete study of chart patterns or
technical analysis and should not be deemed as such. Money Classic Investment
Advisors does not guarantee that such information is accurate or complete and it
should not be relied upon as such. Any opinions expressed reflect judgments at this
date and are subject to change without notice. For use at the sole discretion of the
investor without any liability on Money Classic Investment Advisors.
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