daily agri report by epicresearch 19-3-2013

DAILY AGRI REPORT 19TH MARCH 2013

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ďƒ˜ HEADLINES Chana futures up; new supply weighs.

Chana futures were up on on hopes of a pick-up in domestic buying, though supplies from the new season crop and prospects of a higher output capped the gains. Traders expect fresh demand created by the upcoming Holi festival to lend support to prices. Indians will celebrate Holi on March 27.

Chilli, turmeric prices decline on subdued demand

ďƒ˜ Trading tip:

Red chilli and turmeric prices fell by Rs 100 per quintal in the

Sell Jeera Apr

national capital on subdued demand from retailers and

Around 13300

market also put pressure on the select spice prices. Red chilli

stockists amid adequate stocks. Weakening trend in futures

and turmeric prices fell by Rs 100 each to Rs 6,100-11,100 and

TGTS- 13200/13100

Rs 6,700-11,400 per quintal, respectively.

SL-13400 EXPERT OPINION

Buy Soybean Apr

STOCK

S1

S2

R1

R2

Above 3512

CHANA

3,367

3,312

3,457

3,498

RM SEED

3,415

3,359

3,467

3,511

SOYABEAN

3,438

3,381

3,523

3,574

JEERA

13090

12920

13440

13600

TGTS-3550/3590 SL-3480

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PRODUCT NAME

EXP DATE

OPEN

HIGH

LOW

CLOSE

LTP

CHANA

7/19/2012

4556

4573

4525

4560

4532

PRODUCT CHILLI NAME

EXP DATE 7/19/2012

OPEN 5060

HIGH 5060

LOW 5018

CLOSE 5120

LTP 5018

Chana GUR

19-Apr-13 7/19/2012

3410 1188

3449 1188

3405 1178

3409 1183.5

3419 1178

10 -5.5

0.29 -0.46

Chilli JEERA

19-Apr-13 7/19/2012

6686 14955

6750 14960

6600 14650

6710 15052.5

6736 14800

26 -252.5

0.39 -1.68

Gur KAPAS

19-Jul-13 7/19/2012

1295 1044

1296.5 1053

1285 1035

1299 1049

1288 1041

-11 -8

-0.85 -0.76

Jeera PEPPER

19-Apr-13 7/19/2012

13355 42300

13385 42555

13252.5 42250

13365 42390

13265 42435

-100 45

-0.75 0.11

REFKapas SOYA

30-Apr-13 7/19/2012

982 780.5

982 783.6

962 777.4

985 782.85

968 781.3

-17 -1.55

-1.73 -0.2

SOYPepper BEAN

19-Apr-13 7/19/2012

35700 4309

35940 4330

35515 4265.5

35765 4303

35555 4315

-210 12

-0.59 0.28

Ref Soya TURMERIC Oil

19-Apr-13 7/19/2012

674.5 4600

674.5 4676

669.6 4518

675.75 4664

671.9 4540

-3.85 -124

-0.57 -2.66

Soy Bean WHEAT

19-Apr-13 7/19/2012

3464.5 1251

3508 1282

3439 1251

3479.5 1246

3487 1282

7.5 36

0.22 2.89

Turmeric

19-Apr-13

6790

6880

6560

6760

6586

-174

-2.57

Wheat New

19-Apr-13

1423

1430

1420

1426

1429

3

0.21

DAILY MARKET STATISTICS

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CHG

PERCENTAGE CHANGE

-28

-0.61

CHANGE -102

PERCENTAGE -1.99 CHANGE

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 DAILY SOYABEAN CHART

ANALYSIS OPEN: 3464 HIGH: 3508 LOW: 3439 CLOSE: 3487

SOYABEAN LOOKS UPWARD TREND: BULLISH STRATEGY: BUY ON DIPS

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 DAILY CHANA CHART

ANALYSIS OPEN: 3410 HIGH: 3449 LOW: 3405 CLOSE: 3419

CHANA LOOKS SIDEWAYS TREND: CONSOLIDATE STRATEGY: BUY ON DIPS

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