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Daily Newsletter- AGRI
COMMODITY
8AUG.2013
www.TheEquicom.com Page 2
MARKET WRAP.
Dhaniya recovers on fresh buying:-NCDEX Dhaniya September contract is
closed up by 2.17% on Wednesday.
Turmeric September contract hit upper circuit of 4% on Wednesday.
NCDEX Castor seed September contract closed @3533 up by 2.11% on Wednesday.
open:3465 High:3550 Low:3437 Close:3533
NCDEX Chana September contract closed down by -41 on Wednesday And
registering loss of1.45% open:2813 High:2827 Low:2772 Close:2782
Chili September contract has lost 2.28%.on Wednesday
INTRADAY VIEW.
NCDEX DHANIYA September: The trend in NCDEX DHANIYA September
delivery is positive and further up-tick is expected in the near term. For intra-day,
support for the commodity is seen at 5400 while 5600 is the resistance. Traders
may buy around 5460 with the stop loss of 5400 for the target of 5600
NCDEX Jeera (Sep.): Jeera for September delivery may trade positive on
Wednesday
Resistance: 13500, 13680.
Support: 13200, 13135
NCDEX Turmeric(Sep.):NCDEX Turmeric for September delivery may trade
negative on Thursday Resistance: 5300, 5420 Support: 4535, 4485
NCDEX Soybean Soy Oil negative on weak fundamentals; further short
covering expected: both Soybean and Soy Oil prices on NCDEX are exhibiting
positive trend only due to short covering. Over all fundamentals look negative.
NCDEX Turmeric: NCDEX Turmeric September 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.
www.TheEquicom.com Page 3
DAILY MARKET UPDATE
COMMODITY P.CLOSE LAST CLOSE NET CHANGE % CHANGE
SOYABEAN (18OCT 2013 )
2936.00 2934.00 -2.00 -0.07
REFINED SOYA OIL (20AUG2013)
649.00 644.20 -4.80 -0.74
DHANIYA (20AUG2013 )
5448.00 5561.00 113.00 2.07
JEERA (20AUG2013 )
13285.00 13390.00 105.00 0.79
TURMERIC (20AUG2013 )
4672.00 4866.00 194.00 4.15
CHANA (20AUG2013 )
2817.00 2782.00 -35.00 -1.24
GUARSEED (18OCT 2013 )
4140.00 4150.00 10.00 0.24
GUARGUM (18OCT 2013 )
11600.00 11550.00 -50.00 -0.43
CASTORSEED (20AUG2013 )
3457.00 3533.00 76.00 2.20
RMSEED (20AUG2013 )
3243.00 3197.00 -46.00 -1.42
www.TheEquicom.com Page 4
TECHNICAL VIEW
Turmeric (AUG.)
`
• BEARISH
• SELL ON HIGH
TREND
STRATEGY
• 5280
• 5470
RESISTANCE
• 4645
• 4535SUPPORT
www.TheEquicom.com Page 5
DHANIYA (20 AUG.)
•CONSOLIDATE
•BUY ON DIPS
TREND
STRATEGY
•5595
•5680
RESISTANCE
•5340
•5260
SUPPORT
www.TheEquicom.com Page 6
CHANA (AUG.)
•CONSOLIDATE
•BUY ON DIPS
TREND
STRATEGY
•2890
•2965
RESISTANCE
•2780
•2730
SUPPORT
www.TheEquicom.com Page 7
COMMODITY CONTRACT RESISTANCE SUPPORT TREND STRATAGEY
JEERA UNJHA September R1:13500
R2:13590
S1: 13250
S2:13180
CONSOLIDATE BUY ON DIPS
CASTORSEED September R1:3550
R2: 3585
S1:3370
S2:3290
BEARISH SELL ON HIGH
GUARSEED October R1: 5335
R2: 5465
S1:4000
S2: 3860
CONSOLIDATE BUY ON DIPS
REFINED OIL September R1: 660.00
R2:665.00
S1: 642.00
S2: 635.00
CONSOLIDATE SELL ON HIGH
CHANA September R1: 2890
R2: 3120
S1:2555
S2: 2510
CONSOLIDATE SELL ON HIGH
RMSEED September R1:3290
R2:3320
S1:3000
S2:2820
BEARISH SELL ON HIGH
CHILLI September R1:5630
R2:5720
S1:5035
S2:5000
BEARISH BUY ON DIPS
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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Daily agri news letter 08 aug 2013

  • 2. www.TheEquicom.com Page 2 MARKET WRAP. Dhaniya recovers on fresh buying:-NCDEX Dhaniya September contract is closed up by 2.17% on Wednesday. Turmeric September contract hit upper circuit of 4% on Wednesday. NCDEX Castor seed September contract closed @3533 up by 2.11% on Wednesday. open:3465 High:3550 Low:3437 Close:3533 NCDEX Chana September contract closed down by -41 on Wednesday And registering loss of1.45% open:2813 High:2827 Low:2772 Close:2782 Chili September contract has lost 2.28%.on Wednesday INTRADAY VIEW. NCDEX DHANIYA September: The trend in NCDEX DHANIYA September delivery is positive and further up-tick is expected in the near term. For intra-day, support for the commodity is seen at 5400 while 5600 is the resistance. Traders may buy around 5460 with the stop loss of 5400 for the target of 5600 NCDEX Jeera (Sep.): Jeera for September delivery may trade positive on Wednesday Resistance: 13500, 13680. Support: 13200, 13135 NCDEX Turmeric(Sep.):NCDEX Turmeric for September delivery may trade negative on Thursday Resistance: 5300, 5420 Support: 4535, 4485 NCDEX Soybean Soy Oil negative on weak fundamentals; further short covering expected: both Soybean and Soy Oil prices on NCDEX are exhibiting positive trend only due to short covering. Over all fundamentals look negative. NCDEX Turmeric: NCDEX Turmeric September 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.
  • 3. www.TheEquicom.com Page 3 DAILY MARKET UPDATE COMMODITY P.CLOSE LAST CLOSE NET CHANGE % CHANGE SOYABEAN (18OCT 2013 ) 2936.00 2934.00 -2.00 -0.07 REFINED SOYA OIL (20AUG2013) 649.00 644.20 -4.80 -0.74 DHANIYA (20AUG2013 ) 5448.00 5561.00 113.00 2.07 JEERA (20AUG2013 ) 13285.00 13390.00 105.00 0.79 TURMERIC (20AUG2013 ) 4672.00 4866.00 194.00 4.15 CHANA (20AUG2013 ) 2817.00 2782.00 -35.00 -1.24 GUARSEED (18OCT 2013 ) 4140.00 4150.00 10.00 0.24 GUARGUM (18OCT 2013 ) 11600.00 11550.00 -50.00 -0.43 CASTORSEED (20AUG2013 ) 3457.00 3533.00 76.00 2.20 RMSEED (20AUG2013 ) 3243.00 3197.00 -46.00 -1.42
  • 4. www.TheEquicom.com Page 4 TECHNICAL VIEW Turmeric (AUG.) ` • BEARISH • SELL ON HIGH TREND STRATEGY • 5280 • 5470 RESISTANCE • 4645 • 4535SUPPORT
  • 5. www.TheEquicom.com Page 5 DHANIYA (20 AUG.) •CONSOLIDATE •BUY ON DIPS TREND STRATEGY •5595 •5680 RESISTANCE •5340 •5260 SUPPORT
  • 6. www.TheEquicom.com Page 6 CHANA (AUG.) •CONSOLIDATE •BUY ON DIPS TREND STRATEGY •2890 •2965 RESISTANCE •2780 •2730 SUPPORT
  • 7. www.TheEquicom.com Page 7 COMMODITY CONTRACT RESISTANCE SUPPORT TREND STRATAGEY JEERA UNJHA September R1:13500 R2:13590 S1: 13250 S2:13180 CONSOLIDATE BUY ON DIPS CASTORSEED September R1:3550 R2: 3585 S1:3370 S2:3290 BEARISH SELL ON HIGH GUARSEED October R1: 5335 R2: 5465 S1:4000 S2: 3860 CONSOLIDATE BUY ON DIPS REFINED OIL September R1: 660.00 R2:665.00 S1: 642.00 S2: 635.00 CONSOLIDATE SELL ON HIGH CHANA September R1: 2890 R2: 3120 S1:2555 S2: 2510 CONSOLIDATE SELL ON HIGH RMSEED September R1:3290 R2:3320 S1:3000 S2:2820 BEARISH SELL ON HIGH CHILLI September R1:5630 R2:5720 S1:5035 S2:5000 BEARISH BUY ON DIPS
  • 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.