Epic Research team consists of proficient market experts. We help traders in investing wisely by suggesting them accurate trading tips along with updates through daily reports.

1. DAILY AGRI COMMODITY REPORT
29 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 7170 7234 7032 7138 0.06 7290
INTRADA
Y LEVELS
SUPPORT SUPP.1
7035
SUPP. 2
6932
PIVOT
7072
Turmeric short term
trend is bearish and May
continue in coming days.
RESISTA
NCE
RES. 1
7237
RES. 2
7336
CORIANDER
SEP 7600 7640 7535 7565 -0.49 3020
INTRADAY
LEVELS
SUPPORT SUPP.1
7520
SUPP. 2
7475
PIVOT
7580
Coriander short term
trend is bearish and May
continue in coming days.
RESISTA
NCE
RES. 1
7625
RES. 2
7685
GUARGUM
OCT 6750 6810 6540 6600 -1.93 26300
INTRADAY
LEVELS
SUPPORT SUPP. 1
6490
SUPP. 2
6380
PIVOT
6766
Guargum short term
trend is bearish and May
continue in coming days.
RESISTA
NCE
RES. 1
6760
RES. 2
6920
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 7565 7602 -0.49
Guargum 6600 6730 -1.93
Jeera 17450 17230 1.28
Mustard seed 4565 4602 -0.80
Soybean 3215 3183 1.01
Turmeric 7138 7134 0.06
TOP GAINERS
Symbol Expiry Date Current Price Change Change %
JEERA 20-10-2016 17450.00 220.00 1.28%
MAIZE -
FEED/INDUSTRIAL
GRADE
20-10-2016 1598.00 20.00 1.27%
SOY BEAN 20-10-2016 3215.00 29.00 0.91%
SUGAR M GRADE 20-10-2016 3493.00 19.00 0.55%
TOP LOSERS
Symbol Expiry Date Current Price Change Change %
GUAR GUM 20-10-2016 6600.00 -160.00 -2.37%
GUAR SEED 10 MT 20-10-2016 3531.00 -65.00 -1.81%
CORIANDER 20-10-2016 7565.00 -93.00 -1.21%

4. Commodities In News
4
ECONOMIC NEWS
 Direct procurement of pulses by state-run agencies at the minimum
support price is helping farmers get better prices for their produce in the
market, the government said on Tuesday. Government agencies such as
National Agricultural Cooperative Marketing Federation, Food Corporation
of India and Small Farmers’ Agribusiness Consortium have started
procurement of pulses as the crop has started arriving in Karnataka,
Maharashtra, Madhya Pradesh and Rajasthan. This was informed at an
interministerial meeting held under the chairmanship of Hem Pande, the
secretary at the Department of Consumer Affairs. The meeting also
reviewed prices and availability of pulses, the government said in a press
release. So far, 200 procurement centres have been set up in states
producing pulses, it said, adding that more will be added after arrival of tur
and arhar crops in October-November. Pande directed the procurement
agencies to ensure that farmers get MSP for pulses and give wide publicity
to their operations in the procuring pockets.
 With less than a month before the start of the 2016-17 season in India,
Platts is keeping the Indian sugar production estimate at 23.5 million metric
tonne, down 6.5% year on year throughout the off crop period. The
southwest monsoon, which is in the withdrawal phase, is 5% below the
Long Period Average (LPA) at 794 millimeters over June 1-September 19
and can be termed a “normal” monsoon. It was forecast to be above-normal
by the Indian Meteorological Department at 106-107% above the LPA at
the start of the year. The largest sugar-producing state of Maharashtra has
received 746.4 mm of cumulative rain, which is 12% above the LPA. This
is good for boosting yields, even to some extent in the ratoon crop available
for harvest during 2016-17. So we are maintaining our estimates for sugar
production in the state at 6.5 million metric tonne, down 23.5% year on
year. Our estimates do factor in much of the yield reduction that has
already happened due to the drought over the last two seasons.
 Soybean futures traded higher on NCDEX despite higher supply on
expectation of better crop at the producing belts. The contract for
October delivery was trading at Rs 3186.00, up by 0.09% or Rs 3.00
from its previous closing of Rs 3183.00. The open interest of the
contract stood at 57470 lots. The contract for November delivery was
trading at Rs 3223.00, up by 0.31% or Rs 10.00 from its previous close
of Rs 3213.00. The open interest of the contract stood at 92920 lots on
NCDEX.
 Coriander futures edged down on NCDEX as participants trimmed
their holdings, tracking sluggish demand in the spot market. Besides,
rising arrivals from major producing belts also influenced coriander
futures. The contract for October delivery was trading at Rs 7555.00,
down by 0.62% or Rs 47.00 from its previous closing of Rs 7602.00.
The open interest of the contract stood at 12970 lots. The contract for
November delivery was trading at Rs 7485.00, down by 0.77% or Rs
58.00 from its previous closing of Rs 7543.00. The open interest of the
contract stood at 2550 lots on NCDEX.
 Jeera futures traded higher on NCDEX on expectation of pickup in
export demand at the spot market. Jeera further improved on reports of
lower output in other major producing countries-Syria and Turkey. The
contract for October delivery was trading at Rs 17345.00, up by 0.67%
or Rs 115.00 from its previous closing of Rs 17230.00. The open
interest of the contract stood at 13074.00 lots. The contract for
November delivery was trading at Rs 17490.00, up by 0.60% or Rs
105.00 from its previous closing of Rs 17385.00. The open interest of
the contract stood at 5142.00 lots on NCDEX.
 Turmeric futures traded higher on NCDEX on upsurge in demand at
the spot market. Further, poor arrivals in the market due to rainfall in
the producing belts of Maharashtra, Andhra Pradesh and Tamil Nadu
also added support to turmeric prices’ uptrend.

5. Technical Outlook
5
SELL CORIANDER OCT BELOW 7520 TARGET 7475 7375 SL
ABOVE 7585
BUY GUARGUM OCT ABOVE 6610 TARGET 6660 6730 SL
BELOW 6550
BUY TURMERIC OCT ABOVE 7250 TARGET 7294 7354 SL
BELOW 7190

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.