Epic Research Private Limited is the Service Excellence Award Winner Financial Advisory Firm, known for the best consultation services regarding Capital Stock Market of India and other global markets.

1. DAILY AGRI COMMODITY REPORT
22 February 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
YOURMINTVISORY Call us at +91-731-6642300

2. Market Views
2
MONTH OPEN HIGH LOW CLOSE % CHG VOL MONTH OPEN HIGH LOW CLOSE % CHG VOL
TURMERIC
APR 8800 8850 8680 8744 -0.70 8535
INTRADAY
LEVELS
SUPPORT SUPP. 1
8666
SUPP. 2
8588
PIVOT
8758
Turmeric short term
trend is bearish and
May continue in
coming days.RESISTAN
CE
RES. 1
8836
RES. 2
8938
CORIANDER
APR 6944 6944 6639 6639 -3.99 8930
INTRADAY
LEVELS
SUPPORT SUPP.1
6537
SUPP. 2
6436
PIVOT
6741
Coriander short term
trend is bearish and May
continue in coming
days.RESISTAN
CE
RES. 1
6842
RES. 2
7046
GUARGUM
MAR 5770 5880 5730 5750 -0.86 13400
INTRADAY
LEVELS
SUPPORT SUPP. 1
5693
SUPP. 2
5637
PIVOT
5787
Guargum short term
trend is bearish and
May continue in
coming days.RESISTAN
CE
RES. 1
5843
RES. 2
5937
CASTORSEED
- - - - - - -
INTRADAY
LEVELS
SUPPORT SUPP. 1
-
SUPP. 2
-
PIVOT
-
-
RESISTAN
CE
RES. 1
-
RES. 2
-

3. Most Active Contract
3
NCDEX INDICES
Index Value
Pre.
Close
%
Change
CASTORSEED - - -
CHANA 4255 4296 -0.95
CORIANDER 6639 6915 -3.99
GUARGUM 5750 5800 -0.86
JEERA 14345 14620 -1.88
MUSTARD
SEED
3988 4011 -0.57
SOYABEAN 3789 3793 -0.11
TURMERIC 8744 8806 -0.70
TOP LOSERS
SYMBOL EXPIRY DATE
CURRENT
PRICE
CHANGE
CHANGE
%
CORIANDER 20-04-2016 6639.00 -251.00 -3.64%
JEERA 18-03-2016 14345.00 -235.00 -1.61%
CHANA 20-04-2016 4255.00 -47.00 -1.09%
RAPESEED-MUSTARD
SEED
20-04-2016 3988.00 -29.00 -0.72%
COTTON SEED OIL CAKE
AKOLA
18-03-2016 2108.00 -14.00 -0.66%
TURMERIC 20-04-2016 8744.00 -50.00 -0.57%
SOYABEAN 18-03-2016 3789.00 -8.00 -0.21%
TOP GAINERS
SYMBOL EXPIRY DATE
CURRENT
PRICE
CHANGE CHANGE %
BARLEY 20-04-2016 1391.00 3.50 0.25%

4. Commodities In News
4
ECONOMIC NEWS
A digital platform for enabling farmers to sell their produce at a better
rate anywhere in the country will be launched on April 14, Prime Minister
Narendra Modi announced as he resolved to ensure doubling of the
farmers' income by 2022.Modi, who unveiled guidelines for the recently-
launched Prime Minister's Crop Insurance Scheme at a rally here, said this
was one of the various initiatives of his government aimed at ensuring the
welfare of the farmers who have been in distress due to vagaries of
weather.Besides the Crop Insurance Scheme, he spoke about Soil Health
Card scheme, PM's Irrigation Scheme, Organic farming, ensuring adequate
availability of urea and ethanol-blending programme to help the sugarcane
farmers and also pitched for 'Start-Up' initiatives in agriculture sector.He
pushed for more and more use of modern technology and equipment along
with traditional wisdom of farming to boost the agriculture sector, not only
to meet the domestic needs but also cater to the demands from abroad."We
want to integrate technology in the agriculture sector. There should be a
mix of progressive farming and age-old wisdom," the Prime Minister
said.Noting that the farmers do not get adequate price for his produce
despite working hard as he has no choice but to sell in the nearby mandis,
he said the government has decided to address this by adopting a digital
mechanism."We are setting up a National Agriculture Market, a virtual and
digital platform, in the coming days on April 14, the birth anniversary of B
R Ambedkar, we will launch the online platform," Modi said at the rally
which was attended by union ministers Sushma Swaraj, Radha Mohan
Singh, Chief Minister Shivraj Singh Chouhan besides others.He said this
platform will enable the farmers, using a mobile phone, to sell their
produce anywhere in the country, wherever they can get a better price.At
the rally, the Prime Minister said all states as well as agriculture
community should take a pledge to double the farmers' income by 2022,
the 75th year of the country's Independence. "We will do whatever is
required achieve this."Under the e-agri platform, the government is
working towards integrating all the 585 wholesale mandis of the country by
2018 in a phased manner, for which Rs 200 crore have been earmarked as
of now.In the first phase, 200 mandis will be integrated by this March-end
while another 200 will be connected to the online platform in 2017.
Turmeric settled down due to increased supply of new crop from the
producing belts. There are reports of production concern due to drought
in Maharashtra and Andhra Pradesh. There is concern over production
due to heavy rains during Nov-Dec in south India. Deficient rainfall in
during early part of sowing in major Turmeric growing regions of
Maharashtra and Karnataka may reduce the yield.The arrival of new
turmeric has improved at Erode. Around 1000 bags of new turmeric
arrived and all were sold at a higher price. Few bags of hybrid turmeric
also arrived for sale and fetched Rs. 10,100 a quintal. At the Erode
Turmeric Merchants Association, the finger turmeric was sold at Rs.
7,859-9,659 a quintal and the root variety at Rs. 7,459-9,100. Of the
1,292 bags offered, 847 were sold. As per dept of commerce data,
turmeric exports until November 2015 pegged at 50,916 tonnes while
the export for the 2014-15 is 90,738 tonnes compared to 78,360 tonnes
in FY14. As on latest sowing data, turmeric sowing In AP, Telangana
is lower than the normal sowing area.
 Rmseed settled down on profit booking after prices seen supported
on expectation of good demand for the new season crop. India's
mustard output is seen rising for the first time in three years at 6.84 mt
as per 2nd advance estimates by Dept of Agriculture. Last year, the
production was 6.31 mt. As per latest government data release, area
coverage of RM seed this year is little lower at 64.8 lakh hectare (lh)
compared to 65.14 lh sown in last year.According to official estimates,
mustard sowing has doubled in Uttar Pradesh from the last season;
there is a slight increase in Punjab and Haryana whereas in sowing in
Rajasthan has declined by 5-10 % due to warmer Oct/ Nov and scanty
rains. According to latest Feb’16 USDA report, Global rapeseed
production is projected at 67.68 mt, lower by 0.04 mt compared to last
month’s forecast. Global rapeseed exports for 2015/16 are forecast
130,000 tons higher this month to 13.5 mt, still below last year’s 15 mt.

5. 5
Fundamental Watch : Sugar
COTTON PRICES AT KEY SPOT MARKETNational Market Update
The combined sugar production of Andhra Pradesh and Telangana fell down
by 12% as the states produced 5.50 lakh tons of sugar in 2015-16 (01st Oct,
2015 – 15th Feb, 2016) compared to 6.25 lakh tons of production in 2014-15
(01st Oct, 2014 – 15th Feb, 2015).
Tamil Nadu had produced 4 lakh tons of sugar in 2015-16 (01st Oct, 2015 –
15th Feb, 2016) which was 0.75 lakh tons higher than the sugar produced last
year during the same interval.
20 sugar mills in Gujarat had produced 8.08 lakh tons of sugar in 2015-16
(01st Oct, 2015 – 15th Feb, 2016) compared to 7.25 lakh tons of sugar
produced in 2014-15 (01st Oct, 2014 – 15th Feb, 2015).
Bihar had produced 3.90 lakh tons of sugar in 2015-16 (01st Oct, 2015 –
15th Feb, 2016) which was 6.02% less than the sugar produced last year in
2014-15 (01st Oct, 2014 – 15th Feb, 2015).
472 mills in India had produced 173.37 lakh tons of sugar in 2015-16 (01st
Oct, 2015 – 15th Feb, 2016) compared to 167.24 lakh tons of production
(made by 516 mills) last year in 2014-15 (01st Oct, 2014 – 15th Feb, 2015).
Sugar production fell down by 3.54% in Maharashtra which produced 62.70
lakh tons of sugar in 2015- 16 (01st Oct, 2015 – 15th Feb, 2016) compared to
65 lakh tons of production in 2014-15 (01st Oct, 2014 – 15th Feb, 2015).
CENTER 19-Feb-15 18-Jan-15 Change
DELHI 3280 3280 UNCH
MUMBAI CLOSED 3360 -
VIJAYWADA 3440 3440 UNCH
NAGPUR NR NR -
CHENNAI 3050 3050 UNCH
AMBIKAPUR 2835 2835 UNCH
DHAMPUR 3200 CLOSED -

6. Technical Outlook
6
SELL CORIANDER APR BELOW 6600 TARGET 6555 6405 SL
ABOVE 6665
SELL GUARGUM MAR BELOW 5680 TARGET 5630 5560 SL
ABOVE 5740
SELL TURMERIC APRIL BELOW 8700 TARGET 8656 8596 SL
ABOVE 8760

7. 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.