Epic Research a leading financial advisory firm enables traders to gain a quick overview of market's performance by offering them daily reports. Our experts suggests best NCDEX Tips.

1. DAILY AGRI COMMODITY REPORT
17 November 2016
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 MINTVISORY Call us at +91-731-6642300

2. Market Views
2
MONT
H
OPEN HIGH LOW
CLOS
E
% CHG VOL
MONT
H
OPEN HIGH LOW
CLOS
E
% CHG VOL
TURMERIC
DEC 6868 7000 6800 7000 1.98 2965
INTRADA
Y LEVELS
SUPPORT SUPP.1
6867
SUPP. 2
6733
PIVOT
6933
Turmeric short term
trend is bearish and May
continue in coming days.
RESISTA
NCE
RES. 1
7067
RES. 2
7133
CORIANDER
DEC 7352 7575 7310 7649 3.64 2180
INTRADAY
LEVELS
SUPPORT SUPP.1
7414
SUPP. 2
7180
PIVOT
7545
Coriander short term
trend is bearish and May
continue in coming days.
RESISTA
NCE
RES. 1
7779
RES. 2
7910
GUARGUM
NOV 5760 5899 5745 5886 3.75 815
INTRADAY
LEVELS
SUPPORT SUPP. 1
5788
SUPP. 2
5689
PIVOT
5843
Guargum short term
trend is bearish and May
continue in coming days.
RESISTA
NCE
RES. 1
5942
RES. 2
5997
CASTORSEED
- - - - - - -
INTRADAY
LEVELS
SUPPORT SUPP. 1
-
SUPP. 2
-
PIVOT
-
-
RESISTA
NCE
RES. 1
-
RES. 2
-

3. Most Active Contract
3
NCDEX INDICES
Index Value
Pre.
Close
%
Change
Castorseed - - -
Chana - - -
Coriander 7657 7363 3.99
Guargum5MT 5886 5673 3.75
Jeera 17255 16695 3.35
Mustard seed 4457 4440 0.38
Soybean 2985 2942 1.46
Turmeric 7670 7392 3.76
TOP GAINERS
Symbol Expiry Date Current Price Change Change %
GUAR SEED 10 MT 18-11-2016 3189.00 125.00 4.08%
CORIANDER 18-11-2016 7657.00 257.00 3.47%
JEERA 18-11-2016 17255.00 555.00 3.32%
RAPESEED-MUSTARD
SEED
18-11-2016 4457.00 33.00 0.75%
SUGAR M GRADE 20-12-2016 3525.00 70.00 2.03%
TOP LOSERS
Symbol Expiry Date Current Price Change Change %
WHEAT 18-11-2016 1962.00 -8.00 -0.41%
BARLEY 18-11-2016 1761.50 -35.50 -1.98%

4. Commodities In News
4
ECONOMIC NEWS
 The government has announced a big increase in support prices for most
rabi crops and given a strong signal to plant more oilseeds and pulses for
which official agencies will pay 10- 16% higher rates than last year, a
move officials said would boost farm incomes significantly. It also
approved an increase of 6.6% in support price for wheat, which is higher
than last year’s increase of 5.2%. It raised the price of lentil (masur) by
16.2%, against 8% last year, to encourage higher sowing of the crop after a
year of scarcity and soaring prices. This will reduce demandsupply gap in
pulses and oilseeds, and give a big boost to the income of farmers, officials
said. They said the government was concerned about increasing
dependence on imports for these commodities. “The government has
announced this bonus on pulses and oilseeds to give a strong price signal to
farmers to increase acreage and invest for increase in productivity of these
crops,” it said in a statement after support prices were approved by the
Cabinet Committee on Economic Affairs.
 The government today increased the minimum support price (MSP) of
wheat by Rs 100 to Rs 1,625 a quintal and pulses by up to Rs 550 per
quintal to boost output of these rabi crops and check prices. The Cabinet
Committee on Economic Affairs (CCEA), chaired by the Prime Minister
Narendra Modi, has given its approval for the Minimum Support Prices
(MSPs) for all rabi (winter- sown) crops of 2016-17. The CCEA has
approved Rs 100 per quintal hike in wheat MSP to Rs 1,625 per quintal for
the 2016-17 rabi crop against Rs 1,525 per quintal last year. "Wheat has
been hiked by 6.6 per cent, barley 8.2 per cent and including bonus, gram
14.3 per cent, masur 16.2 per cent, rapeseed/mustard 10.4 per cent,
safflower 12.1 per cent," an official spokesperson said. Gram MSP has
been hiked to Rs 4,000 per quintal, including bonus, from Rs 3,500 per
quintal in the previous year, while support ptice of masur has been raised to
Rs 3,950 per quintal from Rs 3,400 per quintal.
 NOPA members reported that US soybean processors crushed about
164.641 million bushels during October which up 3.6% from
corresponding period last year. The NOPA members crushed 129.405
million bushels of soybean in September. The October soybean crush
was well above market expectations and is estimated to be third largest
monthly crush on record. The bumber crop has lead to the higher
crushing in beans. The October crush was forecast ranged between
158.300 million bushels to 163.118 million bushels based on the
average of analysts estimate in a Reuter’s poll.
 Coriander futures traded up on NCDEX as participants indulged in
creating fresh positions, supported by a rise in demand in the spot
market. Besides, restricted arrivals from major growing regions also
supported coriander prices’ uptrend. The contract for November
delivery was trading at Rs 7555, up by 2.61% or Rs 192 from its
previous closing of Rs 7363. The open interest of the contract stood at
4330 lots.
 Jeera future traded higher on NCDEX as market participants raised
their bets, tracking a firm trend at spot market on rising domestic as
well as exports demand. Besides, tight stocks position following lower
supply from the producing belts too fuelled the uptrend. The contract
for November delivery was trading at Rs 17025, up by 1.98% or Rs
330 from its previous closing of Rs 16695. The open interest of the
contract stood at 360 lots.
Turmeric futures exhibited a positive trend on NCDEX as traders
created fresh positions on the back of strong demand in the spot
markets. However, gains remained capped on expectations of
increasing production in coming harvesting season and lowering export
Currency demand in recent months. Favourable weather conditions in
major producing regions Tamil Nadu and Telangana also weighed on
the sentiment.

5. Technical Outlook
5
BUY CORIANDER DEC ABOVE 7680 TARGET 7730 7790 7860 SL
BELOW 7650
BUY GUARGUM5 DEC ABOVE 5970 TARGET 6020 6080 6130 SL
BELOW 5920
BUY TURMERIC DEC ABOVE 7020 TARGET 7075 7115 7165
SL BELOW 6972

6. 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. 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 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 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 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.