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WEEKLY AGRI COMMODITY REPORT 10 NOVEMBER 2014 
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 MINTVISORYCall us at +91-731-6642300
Weekly Wrap Up 
2 
MONTH 
OPEN 
HIGH 
LOW 
CLOSE 
% CHG 
VOL 
MONTH 
OPEN 
HIGH 
LOW 
CLOSE 
% CHG 
VOL 
DHANIYA 
DEC 
12270 
12438 
12116 
12176 
-1.29 
39920 
INTRADAY LEVELS 
SUPPORT 
SUPP.1 
12049 
SUPP. 2 
11921 
PIVOT 
12243 
Dhaniya short term trend is down, and further more downis expected in comimg days. 
RESISTANCE 
RES. 1 
12371 
RES. 2 
12565 
CASTORSEED 
DEC 
4940 
4950 
4700 
4815 
-2.90 
341380 
INTRADAY LEVELS 
SUPPORT 
SUPP. 1 
4693 
SUPP. 2 
4572 
PIVOT 
4822 
Castorseed short term is up,Prices expected to go up in coming days. 
RESISTANCE 
RES. 1 
4943 
RES. 2 
5072 
TURMERIC 
DEC 
6246 
6496 
6200 
6430 
+2.90 
10740 
INTRADAY LEVELS 
SUPPORT 
SUPP. 1 
6255 
SUPP. 2 
6079 
PIVOT 
6375 
Turmeric price is in uptrend and may continue in coming days. 
RESISTANCE 
RES. 1 
6551 
RES. 2 
6671 
GUARGUM 
DEC 
15140 
15160 
14210 
14780 
-3.58 
15349 
INTRADAY LEVELS 
SUPPORT 
SUPP. 1 
14273 
SUPP. 2 
13767 
PIVOT 
14717 
Guargum Short term trend is down, Expecting price may go down in coming days. 
RESISTANCE 
RES. 1 
15223 
RES. 2 
15667
Weekly Recommendations 
3 
BUY DHANIYA DEC ABOVE 12330 TGTS 12430,12530 SL 12180 
SELL DHANIYA DEC BELOW 12120 TGTS 12020,11920 SL 12270 
BUY GUARGUM DEC ABOVE 14940 TGTS 15100,15250 SL 14750 
SELL GUARGUM DEC BELOW 14675 TGTS 14525,14375 SL 14875
Commodities In News 
4 
ECONOMIC NEWS 
UnionAgricultureMinisterRadhaMohanSinghtodaysaidthereisaneedofa"bluerevolution"andcalledforpublicprivatepartnership(PPP)modelforthedevelopmentoffisheriesandaquaculturesector."Thegovernmentisaimingfora'bluerevolution'.IfeelthatbythenextBudget,wewillbeabletobringaboutabluerevolutionforthefishermen,"Singhtoldthe12thconvocationoftheCentralInstituteofFisheriesEducationheretoday."Wetalkofgreenandwhiterevolutions,butweneedtolookatbluerevolutiontoo,infisheries.Thereisgreatscopefordevelopmentthere.Wealsoneedtoseethepublic-privatepartnershipmodeltodevelopfisheriesandaquaculturesector,"hesaid.Domesticfisheryproductionisaround10milliontonnes,ofwhich3.4milliontonnesismarineand5.6mtinlandfisheries, makingthecountrysecondlargestintheworldafterChina.TheministerearlierheldareviewinMumbaiwithstategovernmentofficialsofagricultureandanimalhusbandrydepartment.Hediscussedatlengthalltheissuesrelatingtoagricultureandalliedsectors. 
Indiashouldcontinuewithnon-GMOsoybeaninthelargerinterestoffarmersandenvironment,expertssaidheretoday."Non-GMOsoyaistheprideofIndia.Valueaddedsoyproductsincludingsoybeanmealarefetchingpremiumpriceintheinternationalmarketforbeingauthenticnon-GMOsoyproducts.Itisawin-winsituationforallstakeholdersinthevaluechain,"RuchiSoyaIndustriesBSE4.15%founderandMDDineshShahratoldreportersonthesidelinesofconference'SoyaFood-opportunitiesforgrowthanddevelopment'here."GMcropsmayturnouttobeanevilforseveralreasons.Nearly85percentofsoybeangrownintheUSAisfromGMsoybeanseeds,whichisresistanttoherbicides,"CMFreire,CEOofCERTID,aBrazil-basedcompanywhichprovidescertificationservices. 
SoyabeanpricesfirmedupbyRs63toRs3,304perquintalinfuturestradingtodayasparticipantsenlargedpositionsamidafirmingtrendinglobalmarkets.AttheNationalCommodityandDerivativesExchange, soyabeanfordeliverythismonthclimbedbyRs63,or1.94%,toRs3,304perquintalinanopeninterestof53,930lots.Onsimilarlines,themost-activeDecembercontractsspurtedbyRs61,or1.85%,toRs3,355perquintal, withanopeninterestof1,09,500lots.Marketmensaidafirmingtrendininternationalmarketsamidsttightsuppliesindomesticmarketsmainlyinfluencedsoyabeanpricesatfuturestradehere. 
Sugarpriceseasedby0.46%toRs2,825perquintalinfuturestradetodayasspeculatorstrimmedpositions,triggeredbyhighersuppliesinthespotmarketagainstlowdemandfrombulkconsumers.AttheNationalCommodityandDerivativesExchange,sugarfordeliveryinfar-monthMarchfellRs13,or0.46%toRs2,825perquintalwithanopeninterestof11,500lots.Similarly,thesweetenerfordeliveryinDecembercontracttradedlowerbyRs9,or0.33%toRs2,740perquintalin14,500lots.Marketanalystsattributedthefallinsugarfuturestoadequatestocksinthemarketfollowingamplesuppliesfrommillersagainstweakdemandfrombulkconsumers. 
Chanapricesedgedhigherby0.44%toRs3,170perquintalinfuturestradetodayasspeculatorscreatedfreshpositions,supportedbypickupindemandinthespotmarket.AttheNationalCommodityandDerivativesExchange, chanafordeliveryinDecemberrosebyRs14,or0.44%toRs3,170perquintalwithanopeninterestof58,360lots.Similarly,thecommodityfordeliveryinNovembergainedRs13,or0.41%toRs3,197perquintalin93,670lots.Analystssaidfreshpositionsbuilt-upbyspeculatorsafterpickupindemandinthespotmarketagainstrestrictedarrivalsfromproducingbelts, mainlyledtotheriseinchanaprices.
5 
NEWS RECAP 
COMMODITY HEADLINES 
Non-GM soybean in interest of farmers, environment: Experts. 
Increased private partnership to boost farm sector: Government. 
Crash in prices hit tea planters, small growers in Southern India affected. 
Centre asks states to make way for private & e-markets for agriculture produce. 
Basmati growers in Punjab and Haryana complain of not getting remunerative prices 
Agriculture minister Radha Mohan Singh seeks PPP model in fisheries sector. 
CII recommend government to encourage participation of private sector in food grain procurement. 
Coriander Plunges On Higher Production Estimates . 
Air pollution in India cuts wheat yields by half: Study 
A fraction of sugar mills start production amid pricing dispute. 
Sugar ends mixed at the Vashi wholesale market.
SPOT QUOTES 
6 
COMMODITY NAME 
LOCATION 
PRICE 
Guar Gum 
Jodhpur 
14395.6 
Guar Seed 10 MT 
Jodhpur 
5111.65 
Guarseed 
Jodhpur 
5111.65 
Guarseed 
Bikaner 
5050 
Gur 
Muzaffar Nagar 
995.55 
Jeera 
Unjha 
11500.6 
Maize -Feed/Industrial Grade 
Nizamabad 
1222.5 
Maize -Feed/Industrial Grade 
Davengere 
1125 
Maize -Feed/Industrial Grade 
Karimnagar 
1197.5 
Maize -Feed/Industrial Grade 
Sangli 
1230 
Maize -Feed/Industrial Grade 
Delhi 
1270 
Maize -Feed/Industrial Grade 
Gulabbagh 
1163.6 
COMMODITY NAME 
LOCATION 
PRICE 
Barley 
Jaipur 
1580.6 
Castor Seed 
Disa 
4707.85 
Castor Seed 1 MT 
Disa 
4707.85 
Chana 
Bikaner 
2977.5 
Chana 
Delhi 
3145.55 
Chana 
Indore 
3000.25 
Chana 1 MT 
Delhi 
3145.55 
Chilli 
Guntur 
8616.7 
Chilli Teja 
Khammam 
10516.65 
Coriander 
Kota 
11313.5 
Cotton 
Kadi 
15698.45 
Cotton Seed (Industrial Grade) 
Akola 
1773 
Cotton Seed Oilcake 
Akola 
1260 
Cotton Seed Oilcake 
Kadi 
1537.85
Disclaimer 
The information and views in this report, our website & all the service we provide are believed to be reliable, but we do notaccept any responsibility (or liability) for errors of fact or opinion. Users have the right to choose the product/s that suits them themost. 
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 positionsinthe stocks recommended. It is understood that anyone who is browsing through the site has done so at his free will and does not readany views expressed as a recommendation for which either the site or its owners or anyone can be held responsible for. Any surfingand 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 toforward or share our calls or SMS or Report or Any Information Provided by us to/with anyone which is received directly or indirectly bythem. If found so then Serious Legal Actions can be taken.

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Epic research weekly agri report 10 nov 2014

  • 1. WEEKLY AGRI COMMODITY REPORT 10 NOVEMBER 2014 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 MINTVISORYCall us at +91-731-6642300
  • 2. Weekly Wrap Up 2 MONTH OPEN HIGH LOW CLOSE % CHG VOL MONTH OPEN HIGH LOW CLOSE % CHG VOL DHANIYA DEC 12270 12438 12116 12176 -1.29 39920 INTRADAY LEVELS SUPPORT SUPP.1 12049 SUPP. 2 11921 PIVOT 12243 Dhaniya short term trend is down, and further more downis expected in comimg days. RESISTANCE RES. 1 12371 RES. 2 12565 CASTORSEED DEC 4940 4950 4700 4815 -2.90 341380 INTRADAY LEVELS SUPPORT SUPP. 1 4693 SUPP. 2 4572 PIVOT 4822 Castorseed short term is up,Prices expected to go up in coming days. RESISTANCE RES. 1 4943 RES. 2 5072 TURMERIC DEC 6246 6496 6200 6430 +2.90 10740 INTRADAY LEVELS SUPPORT SUPP. 1 6255 SUPP. 2 6079 PIVOT 6375 Turmeric price is in uptrend and may continue in coming days. RESISTANCE RES. 1 6551 RES. 2 6671 GUARGUM DEC 15140 15160 14210 14780 -3.58 15349 INTRADAY LEVELS SUPPORT SUPP. 1 14273 SUPP. 2 13767 PIVOT 14717 Guargum Short term trend is down, Expecting price may go down in coming days. RESISTANCE RES. 1 15223 RES. 2 15667
  • 3. Weekly Recommendations 3 BUY DHANIYA DEC ABOVE 12330 TGTS 12430,12530 SL 12180 SELL DHANIYA DEC BELOW 12120 TGTS 12020,11920 SL 12270 BUY GUARGUM DEC ABOVE 14940 TGTS 15100,15250 SL 14750 SELL GUARGUM DEC BELOW 14675 TGTS 14525,14375 SL 14875
  • 4. Commodities In News 4 ECONOMIC NEWS UnionAgricultureMinisterRadhaMohanSinghtodaysaidthereisaneedofa"bluerevolution"andcalledforpublicprivatepartnership(PPP)modelforthedevelopmentoffisheriesandaquaculturesector."Thegovernmentisaimingfora'bluerevolution'.IfeelthatbythenextBudget,wewillbeabletobringaboutabluerevolutionforthefishermen,"Singhtoldthe12thconvocationoftheCentralInstituteofFisheriesEducationheretoday."Wetalkofgreenandwhiterevolutions,butweneedtolookatbluerevolutiontoo,infisheries.Thereisgreatscopefordevelopmentthere.Wealsoneedtoseethepublic-privatepartnershipmodeltodevelopfisheriesandaquaculturesector,"hesaid.Domesticfisheryproductionisaround10milliontonnes,ofwhich3.4milliontonnesismarineand5.6mtinlandfisheries, makingthecountrysecondlargestintheworldafterChina.TheministerearlierheldareviewinMumbaiwithstategovernmentofficialsofagricultureandanimalhusbandrydepartment.Hediscussedatlengthalltheissuesrelatingtoagricultureandalliedsectors. Indiashouldcontinuewithnon-GMOsoybeaninthelargerinterestoffarmersandenvironment,expertssaidheretoday."Non-GMOsoyaistheprideofIndia.Valueaddedsoyproductsincludingsoybeanmealarefetchingpremiumpriceintheinternationalmarketforbeingauthenticnon-GMOsoyproducts.Itisawin-winsituationforallstakeholdersinthevaluechain,"RuchiSoyaIndustriesBSE4.15%founderandMDDineshShahratoldreportersonthesidelinesofconference'SoyaFood-opportunitiesforgrowthanddevelopment'here."GMcropsmayturnouttobeanevilforseveralreasons.Nearly85percentofsoybeangrownintheUSAisfromGMsoybeanseeds,whichisresistanttoherbicides,"CMFreire,CEOofCERTID,aBrazil-basedcompanywhichprovidescertificationservices. SoyabeanpricesfirmedupbyRs63toRs3,304perquintalinfuturestradingtodayasparticipantsenlargedpositionsamidafirmingtrendinglobalmarkets.AttheNationalCommodityandDerivativesExchange, soyabeanfordeliverythismonthclimbedbyRs63,or1.94%,toRs3,304perquintalinanopeninterestof53,930lots.Onsimilarlines,themost-activeDecembercontractsspurtedbyRs61,or1.85%,toRs3,355perquintal, withanopeninterestof1,09,500lots.Marketmensaidafirmingtrendininternationalmarketsamidsttightsuppliesindomesticmarketsmainlyinfluencedsoyabeanpricesatfuturestradehere. Sugarpriceseasedby0.46%toRs2,825perquintalinfuturestradetodayasspeculatorstrimmedpositions,triggeredbyhighersuppliesinthespotmarketagainstlowdemandfrombulkconsumers.AttheNationalCommodityandDerivativesExchange,sugarfordeliveryinfar-monthMarchfellRs13,or0.46%toRs2,825perquintalwithanopeninterestof11,500lots.Similarly,thesweetenerfordeliveryinDecembercontracttradedlowerbyRs9,or0.33%toRs2,740perquintalin14,500lots.Marketanalystsattributedthefallinsugarfuturestoadequatestocksinthemarketfollowingamplesuppliesfrommillersagainstweakdemandfrombulkconsumers. Chanapricesedgedhigherby0.44%toRs3,170perquintalinfuturestradetodayasspeculatorscreatedfreshpositions,supportedbypickupindemandinthespotmarket.AttheNationalCommodityandDerivativesExchange, chanafordeliveryinDecemberrosebyRs14,or0.44%toRs3,170perquintalwithanopeninterestof58,360lots.Similarly,thecommodityfordeliveryinNovembergainedRs13,or0.41%toRs3,197perquintalin93,670lots.Analystssaidfreshpositionsbuilt-upbyspeculatorsafterpickupindemandinthespotmarketagainstrestrictedarrivalsfromproducingbelts, mainlyledtotheriseinchanaprices.
  • 5. 5 NEWS RECAP COMMODITY HEADLINES Non-GM soybean in interest of farmers, environment: Experts. Increased private partnership to boost farm sector: Government. Crash in prices hit tea planters, small growers in Southern India affected. Centre asks states to make way for private & e-markets for agriculture produce. Basmati growers in Punjab and Haryana complain of not getting remunerative prices Agriculture minister Radha Mohan Singh seeks PPP model in fisheries sector. CII recommend government to encourage participation of private sector in food grain procurement. Coriander Plunges On Higher Production Estimates . Air pollution in India cuts wheat yields by half: Study A fraction of sugar mills start production amid pricing dispute. Sugar ends mixed at the Vashi wholesale market.
  • 6. SPOT QUOTES 6 COMMODITY NAME LOCATION PRICE Guar Gum Jodhpur 14395.6 Guar Seed 10 MT Jodhpur 5111.65 Guarseed Jodhpur 5111.65 Guarseed Bikaner 5050 Gur Muzaffar Nagar 995.55 Jeera Unjha 11500.6 Maize -Feed/Industrial Grade Nizamabad 1222.5 Maize -Feed/Industrial Grade Davengere 1125 Maize -Feed/Industrial Grade Karimnagar 1197.5 Maize -Feed/Industrial Grade Sangli 1230 Maize -Feed/Industrial Grade Delhi 1270 Maize -Feed/Industrial Grade Gulabbagh 1163.6 COMMODITY NAME LOCATION PRICE Barley Jaipur 1580.6 Castor Seed Disa 4707.85 Castor Seed 1 MT Disa 4707.85 Chana Bikaner 2977.5 Chana Delhi 3145.55 Chana Indore 3000.25 Chana 1 MT Delhi 3145.55 Chilli Guntur 8616.7 Chilli Teja Khammam 10516.65 Coriander Kota 11313.5 Cotton Kadi 15698.45 Cotton Seed (Industrial Grade) Akola 1773 Cotton Seed Oilcake Akola 1260 Cotton Seed Oilcake Kadi 1537.85
  • 7. Disclaimer The information and views in this report, our website & all the service we provide are believed to be reliable, but we do notaccept any responsibility (or liability) for errors of fact or opinion. Users have the right to choose the product/s that suits them themost. 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 positionsinthe stocks recommended. It is understood that anyone who is browsing through the site has done so at his free will and does not readany views expressed as a recommendation for which either the site or its owners or anyone can be held responsible for. Any surfingand 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 toforward or share our calls or SMS or Report or Any Information Provided by us to/with anyone which is received directly or indirectly bythem. If found so then Serious Legal Actions can be taken.