DAILY AGRI REPORT BY EPIC RESEARCH- 22 DECEMBER 2012

DAILY AGRI REPORT 22ND DECEMBER 2012

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ďƒ˜ HEADLINES Chana falls on higher output expectations.

Indian chana futures fell due to expectations of higher output from a likely increase in the area under cultivation while the likelihood of higher imports also weighed. The most-active chana contract for January delivery on the National Commodity and Derivatives Exchange was down 0.89 percent per 100 kg as of 0834 GMT. Chana sowing is progressing well

ďƒ˜ Trading tip:

and weather conditions are so far supportive.

Jeera futures decline 0.64% on profit-booking

Sell Turmeric Mar Below 6400

Jeera prices fell by 0.64 per cent per quintal in futures trade as speculators preferred to book profits at prevailing higher levels. However, some overseas enquiries capped the losses.

TGTS-6360/6320 SL- 6442

At the National Commodity and Derivatives Exchange, jeera for delivery in March month declined by Rs 102.50, or 0.64 per cent per quintal with an open interest of 13,539 lots.

EXPERT OPINION

Sell Chana Jan Below 4015 TGTS-3985/3950 SL-4050

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STOCK

S1

S2

R1

R2

CHANA

3977

3922

4056

4102

RM SEED

4198

4139

4294

4334

SOYABEAN

3223

3156

3334

3381

JEERA

15427

15271

15812

15999

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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

CHANGE -102

Chana GUR

18-Jan-13 7/19/2012

4075 1188

4080 1188

4009 1178

4061 1183.5

4020 1178

-41 -5.5

-1.01 -0.46

Chilli JEERA

20-Mar-13 7/19/2012

6224 14955

6246 14960

6050 14650

6248 15052.5

6074 14800

-174 -252.5

-2.78 -1.68

Gur KAPAS

18-Jan-13 7/19/2012

1102 1044

1111 1053

1100 1035

1105.5 1049

1109 1041

3.5 -8

0.32 -0.76

Jeera PEPPER

20-Mar-13 7/19/2012

15900 42300

15947.5 42555

15510 42250

15922.5 42390

15597.5 42435

-325 45

-2.04 0.11

REFKapas SOYA

28-Feb-13 7/19/2012

997 780.5

997 783.6

996.5 777.4

999.5 782.85

996.5 781.3

-3 -1.55

-0.3 -0.2

SOYPepper BEAN

20-Feb-13 7/19/2012

35525 4309

35730 4330

34475 4265.5

35510 4303

34750 4315

-760 12

-2.14 0.28

Ref Soya TURMERIC Oil

18-Jan-13 7/19/2012

705.4 4600

709.5 4676

703.8 4518

701.65 4664

704.7 4540

3.05 -124

0.43 -2.66

Soy Bean WHEAT

18-Jan-13 7/19/2012

3319 1251

3344 1282

3270.5 1251

3297.5 1246

3286.5 1282

-11 36

-0.33 2.89

Turmeric

20-May-13

6652

6664

6370

6626

6400

-226

-3.41

Wheat New

20-Feb-13

1567

1573

1552

1572

1561

-11

-0.7

DAILY MARKET STATISTICS

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CHG

PERCENTAGE CHANGE

-28

-0.61 PERCENTAGE -1.99 CHANGE

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 DAILY SOYABEAN CHART

ANALYSIS OPEN: 3300 HIGH: 3344 LOW: 3270 CLOSE: 3286

SOYABEAN LOOKS DOWNWARD TREND: BEARISH STRATEGY: SELL ON RISE

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 DAILY CHANA CHART

ANALYSIS OPEN: 4061 HIGH: 4080 LOW: 4009 CLOSE: 4020

CHANA LOOKS DOWNWARD TREND: BEARISH STRATEGY: SELL ON RISE

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