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Daily Newsletter- AGRI COMMODITY
21 MAY 2013
MARKET WRAP
Turmeric hits lower circuit due to sluggish demand against adequate supply.
Dhaniya decline by 1.94 % @ 6559.
Pepper witnessed down 1.5% @ 35495 on adequate stocks.
Dhaniya headed further south closing with loss of more than a 1.5% on account of
adequate stocks in the domestic markets. Turmeric closed at 2% lower circuit and may
show down side movement in tomorrow. Pepper down 2.60 % @ 34500 and may show
negative movement in tomorrow.
DAILY MARKET UPDATE:-
COMMODITY P.CLOSE LAST CLOSE NET CHANGE % CHANGE
SOYABEAN ( 20JUNE2013 )
3896.50 3920.00 23.50 0.60
REFINED SOYA OIL (20JUNE2013 )
698.90 700.00 1.10 0.10
DHANIYA ( 20JUNE2013 )
6689.00 6559.00 -130.00 -1.94
JEERA ( 20JUNE2013 )
13125.00 13077.50 -47.50 -0.36
TURMERIC ( 20JUNE2013 )
5980.00 5950.00 -30.00 -0.50
CHANA ( 20JUNE2013 )
3387.00 3389.00 2.00 0.00
GUARSEED ( 20JUNE2013 )
9330.00 9310.00 -20.00 -0.21
GUARGUM ( 20JUNE2013 )
28200.00 28350.00 150.00 0.50
PEPPER ( 20JUNE2013 )
35420.00 34500.00 -920.00 -2.60
RMSEED ( 20JUNE2013 )
3519.00 3505.00 -14.00 -0.40
TECHNICAL VIEW
CHANA (JUNE)
•CONSOLIDATE
•SELL ON HIGHS
TREND
STRATEGY
•3430
•3470
RESISTANCE
•3370
•3350
SUPPORT
TURMERIC (JUNE)
•CONSOLIDATE
•SELL ON HIGHS
TREND
STRATEGY
•6220
•6260
RESISTANCE
•5740
•5660
SUPPORT
SOYABEAN (JUNE)
•CONSOLIDATE
•BUY ON DIPS
TREND
STRATEGY
•3970
•3980
RESISTANCE
•3850
•3830
SUPPORT
RMSEED (JUNE)
•CONSOLIDATE
•BUY ON DIPS
TREND
STRATEGY
•3550
•3560
RESISTANCE
•3490
•3480
SUPPORT
Disclaimer
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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
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Investment in Commodity and equity market has its own risks.
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Ncdex newsletter by the equicom financial research pvt. ltd. 21may2013

  • 1. Daily Newsletter- AGRI COMMODITY 21 MAY 2013
  • 2. MARKET WRAP Turmeric hits lower circuit due to sluggish demand against adequate supply. Dhaniya decline by 1.94 % @ 6559. Pepper witnessed down 1.5% @ 35495 on adequate stocks. Dhaniya headed further south closing with loss of more than a 1.5% on account of adequate stocks in the domestic markets. Turmeric closed at 2% lower circuit and may show down side movement in tomorrow. Pepper down 2.60 % @ 34500 and may show negative movement in tomorrow. DAILY MARKET UPDATE:- COMMODITY P.CLOSE LAST CLOSE NET CHANGE % CHANGE SOYABEAN ( 20JUNE2013 ) 3896.50 3920.00 23.50 0.60 REFINED SOYA OIL (20JUNE2013 ) 698.90 700.00 1.10 0.10 DHANIYA ( 20JUNE2013 ) 6689.00 6559.00 -130.00 -1.94 JEERA ( 20JUNE2013 ) 13125.00 13077.50 -47.50 -0.36 TURMERIC ( 20JUNE2013 ) 5980.00 5950.00 -30.00 -0.50 CHANA ( 20JUNE2013 ) 3387.00 3389.00 2.00 0.00 GUARSEED ( 20JUNE2013 ) 9330.00 9310.00 -20.00 -0.21 GUARGUM ( 20JUNE2013 ) 28200.00 28350.00 150.00 0.50 PEPPER ( 20JUNE2013 ) 35420.00 34500.00 -920.00 -2.60 RMSEED ( 20JUNE2013 ) 3519.00 3505.00 -14.00 -0.40
  • 3. TECHNICAL VIEW CHANA (JUNE) •CONSOLIDATE •SELL ON HIGHS TREND STRATEGY •3430 •3470 RESISTANCE •3370 •3350 SUPPORT
  • 4. TURMERIC (JUNE) •CONSOLIDATE •SELL ON HIGHS TREND STRATEGY •6220 •6260 RESISTANCE •5740 •5660 SUPPORT
  • 5. SOYABEAN (JUNE) •CONSOLIDATE •BUY ON DIPS TREND STRATEGY •3970 •3980 RESISTANCE •3850 •3830 SUPPORT
  • 6. RMSEED (JUNE) •CONSOLIDATE •BUY ON DIPS TREND STRATEGY •3550 •3560 RESISTANCE •3490 •3480 SUPPORT
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