DAILY-AGRI-REPORT BY EPIC RESEARCH 17 JAN 2013

Page 1

DAILY AGRI REPORT 17TH JANAURY 2013

WWW.EPICRESEARCH.CO

+91 9752199966


 HEADLINES Turmeric futures down on profit-booking. Turmeric prices fell by Rs 20 per quintal in futures trade as speculators trimmed their positions amid weak export demand and higher carry-forward stocks. However, reports of lower area under cultivation this year, due to scant rainfall during the planting season limited the gains. Corn, soybean production took hit in 2012.

 Trading tip:

Sell RMSeed Apr

The U.S. Department of Agriculture's National Agricultural Statistics Service released its end-of-year Crop Production

Below 3420

2012 Annual Summary. Not surprisingly, the report revealed

TGTS-3400/3350

that corn and soy production took a beating last year due to

SL- 3450

U.S. farmers produced 10.8 billion bushels of corn for grain in

the drought that is still ravaging farms all over the Midwest.

2012, down 13 percent from 2011. That’s despite planting at the fastest pace in history the largest acreage of planted corn

Sell Dhaniya Apr

– 97.2 million acres – in 75 years.

EXPERT OPINION

Below 6900 TGTS-6800/6700

STOCK

S1

S2

R1

R2

SL-7000

CHANA

3,423

3,388

3,523

3,587

RM SEED

3,364

3,323

3,478

3,523

SOYABEAN

3,174

3,120

3,264

3,312

JEERA

13,700

13,540

13,980

14,165

www.epicresearch.co

+91 9752199966


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

CHANGE -102

Chana GUR

19-Apr-13 7/19/2012

3497 1188

3517 1188

3481 1178

3504 1183.5

3487 1178

-17 -5.5

-0.49 -0.46

Chilli JEERA

20-Mar-13 7/19/2012

6500 14955

6592 14960

6450 14650

6534 15052.5

6518 14800

-16 -252.5

-0.24 -1.68

Gur KAPAS

20-Mar-13 7/19/2012

1105.5 1044

1112 1053

1103.5 1035

1106 1049

1105.5 1041

-0.5 -8

-0.05 -0.76

Jeera PEPPER

20-Mar-13 7/19/2012

13850 42300

14040 42555

13700 42250

13827.5 42390

13852.5 42435

25 45

0.18 0.11

REFKapas SOYA

28-Feb-13 7/19/2012

883 780.5

887 783.6

883 777.4

880 782.85

887 781.3

7 -1.55

0.8 -0.2

SOYPepper BEAN

20-Feb-13 7/19/2012

37030 4309

37560 4330

36745 4265.5

36955 4303

37100 4315

145 12

0.39 0.28

Ref Soya TURMERIC Oil

20-Feb-13 7/19/2012

712.3 4600

722.8 4676

707.5 4518

710.15 4664

715 4540

4.85 -124

0.68 -2.66

Soy Bean WHEAT

20-Feb-13 7/19/2012

3222 1251

3249 1282

3210 1251

3213 1246

3214 1282

361

0.03 2.89

Turmeric

19-Apr-13

6556

6682

6516

6566

6580

14

0.21

Wheat New

20-Feb-13

1485

1497

1474

1483

1481

-2

-0.13

DAILY MARKET STATISTICS

www.epicresearch.co

CHG

PERCENTAGE CHANGE

-28

-0.61 PERCENTAGE -1.99 CHANGE

+91 9752199966


 DAILY SOYABEAN CHART

ANALYSIS OPEN: 3222 HIGH: 3249 LOW: 3210 CLOSE: 3214

SOYABEAN LOOKS UPWARD TREND: BULLISH STRATEGY: BUY ON DIPS

www.epicresearch.co

+91 9752199966


 DAILY CHANA CHART

ANALYSIS OPEN: 3497 HIGH: 3517 LOW: 3481 CLOSE: 3487

CHANA LOOKS SIDEWAYS TREND: CONSOLIDATE STRATEGY: SELL ON RISE

www.epicresearch.co

+91 9752199966


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.

www.epicresearch.co

+91 9752199966


Turn static files into dynamic content formats.

Create a flipbook
Issuu converts static files into: digital portfolios, online yearbooks, online catalogs, digital photo albums and more. Sign up and create your flipbook.