Epic Research has proven itself best by offering optimum trading tips to traders. They help traders in learning useful stock market insights by offering them daily reports.

1. DAILY AGRI COMMODITY REPORT
21 September 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
SEP 7002 7072 6872 6896 -1.32 7015
INTRADAY
LEVELS
SUPPORT SUPP. 1
6821
SUPP. 2
6746
PIVOT
6946
Turmeric short term trend is
bearish and May continue in
coming days.
RESISTAN
CE
RES. 1
7021
RES. 2
7146
CORIANDER
SEP 7780 7780 7557 7624 -2.13 5510
INTRADAY
LEVELS
SUPPORT SUPP.1
7527
SUPP. 2
7430
PIVOT
7653
Coriander short term
trend is bearish and May
continue in coming days.
RESISTA
NCE
RES. 1
7750
RES. 2
7876
GUARGUM
OCT 7180 7370 7180 7230 1.54 28877
INTRADAY
LEVELS
SUPPORT SUPP. 1
7150
SUPP. 2
7070
PIVOT
7260
Guargum short term
trend is bearish and May
continue in coming days.
RESISTA
NCE
RES. 1
7340
RES. 2
7450
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 7760 7996 -2.98
GUARGUM 7230 7120 1.54
Jeera 17485 17715 -1.30
Mustard seed 4665 4710 -0.96
Soybean 3218 3300 -2.48
Turmeric 6756 6960 -2.93
TOP GAINERS
Symbol Expiry Date Current Price Change Change %
GUAR GUM 20-10-2016 7230.00 100.00 1.40%
MAIZE -
FEED/INDUSTRIAL
GRADE
20-10-2016 1525.00 12.00 0.79%
TOP LOSERS
Symbol Expiry Date Current Price Change Change %
SOY BEAN 20-10-2016 3218.00 -90.00 -2.72%
CORIANDER 20-10-2016 7624.00 -142.00 -1.83%
COTTON SEED OIL CAKE
AKOLA
20-12-2016 2016.00 -35.00 -1.71%
TURMERIC 20-10-2016 6896.00 -104.00 -1.49%
RAPESEED-MUSTARD
SEED
20-10-2016 4719.00 -56.00 -1.17%

4. Commodities In News
4
ECONOMIC NEWS
 The independent audit commissioned by NCDEX to verify the quality of
coriander stocks has found that 12% of the stocks deposited in the
approved warehouses in Kota and Ramganj Mandi were damaged and
discoloured. Both these warehouses belong to National Bulk Handling
Corporation (NBHC). Responding to the concerns around quality of the
coriander stocks deposited in the approved warehouses, NCDEX
conducted a 100 % sampling and audit of the stocks deposited at the
NBHC warehouses at Kota and Ramganj Mandi. The exchange has taken
cognizance of the findings and has instructed NBHC to immediately
remove the defective stocks from the approved warehouses. "Having
completed the independent audit, we find that there isn't a quality issue at
the level as it as was made out to be. We have found some issues which we
will ensure will get addressed through the remat testing process of the
buyers. " said Samir Shah, MD & CEO said in a statement.
 As farmers prepare for sowing of rabi crops like wheat, from next month,
the government today reassured them saying there is adequate supply of
agri-inputs, especially fertilisers and seeds, to meet demand. Sowing of rabi
crops begins from October and the harvesting from April. Wheat is the
main rabi crop, while maize, millets, pulses and oilseeds are also grown.
Government is targeting wheat production of 96.50 million tonnes in 2016-
17 rabi season, while pulses at 13.50 million tonnes. "There won't be any
shortage of agri-inputs like fertilisers and seeds in the rabi season. The
supply is sufficient," a senior Agriculture Ministry official said. The state
governments have been asked to keep all agri-inputs ready and take steps
to conserve moisture to promote timely sowing of rabi crops, the official
added. ccording to the ministry's data, the availability of urea is estimated
to be 166.22 lakh tonnes in the rabi season of the 2016-17 crop year (July-
June), as against the requirement of 166.20 lakh tonnes for the same
period.
 Soybean futures edged down on NCDEX due to lower demand for
crush as export demand for meal is lower this year. However, some
losses were capped by some reports of crops been affected by dry
weather in August followed by recent heavy rainfall in farmlands of
Madhya Pradesh and Maharashtra. The contract for October delivery
was trading at Rs 3283, down by 0.52% or Rs 17.00 from its previous
closing of Rs 3300. The open interest of the contract stood at 54500
lots. The contract for November delivery was trading at Rs 3295, down
by 0.42% or Rs 14.00 from its previous close of Rs 3309. The open
interest of the contract stood at 82600 lots on NCDEX.
 Coriander futures traded lower on NCDEX as speculators cut down
their bets, tracking weak demand in the spot market. Besides, rising
arrivals from major producing belts also fuelled the downtrend. The
contract for September delivery was trading at Rs 7950.00, down by
0.6% or Rs 48.00 from its previous closing of Rs 7998.00. The open
interest of the contract stood at 1190.00 lots. The contract for October
delivery was trading at Rs 7747.00, down by 0.55% or Rs 43.00 from
its previous closing of Rs 7790.00. The open interest of the contract
stood at 13070.00 lots on NCDEX.
 Turmeric futures showed mixed trend on NCDEX as the September
contracts traded lower on expectation of bumper crop next year as the
area under the crop increasing between 12% and 30% in the main
producing states of Telengana, Andhra Pradesh, Tamil Nadu and
Maharashtra, while October contracts traded higher on expectation of
pickup in demand for old crops ahead of festival season. The contract
for September delivery was trading at Rs 6910.00, down by 0.72% or
Rs 50 from its previous closing of Rs 6960.00.The open interest of the
contract stood at 625 lots. The contract for October delivery was
trading at Rs 7034.00, up by 0.66% or Rs 46 from its previous closing
of Rs 6988.00. The open interest of the contract stood at 14750 lots on
NCDEX.

5. Technical Outlook
5
SELL CORIANDER OCT BELOW 7630 TARGET 7585 7485 SL
ABOVE 7695
BUY GUARGUM OCT ABOVE 7300 TARGET 7350 7420 SL
BELOW 7240
SELL TURMERIC OCT BELOW 6950 TARGET 6906 6846 SL
ABOVE 7010

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.