DAILY AGRI REPORT BY EPIC RESEARCH- 29 DECEMBER 201

Page 1

DAILY AGRI REPORT 29TH DECEMBER 2012

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ďƒ˜ HEADLINES Chana falls on sowing hopes. Chana futures fell, weighed by likelihood of higher imports and hopes of higher output from an expected increase in acreage. India's efforts to encourage farmers to plant pulses, used in staple dishes like dal, will still leave output short of demand in the year to March 2013, a poll of importers and traders showed, pushing imports up 7 per cent and adding to inflation

ďƒ˜ Trading tip:

Jeera futures rise 1.16 pc on pick up in demand

Buy Turmeric Apr

Jeera prices rose sharply by 1.16 percent per quintal in futures

Below 6620

rising demand in domestic spot markets. However, ongoing

market as speculators built-up huge positions on the back of

sowing operations in the leading cultivating states, capped the

TGTS-6640/6670 SL- 6600

gains. At the National Commodity and Derivatives Exchange, jeera for delivery in April rose by Rs 172.50, or 1.16 per cent per quintal with an open interest of 2,721 lots.

EXPERT OPINION

Sell Dhaniya Jan Below 5160 TGTS-5140/5120 SL-5182

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STOCK

S1

S2

R1

R2

CHANA

3769

3721

3864

3912

RM SEED

4120

4069

4223

4269

SOYABEAN

3181

3140

3278

3333

JEERA

14684

14424

15040

15212

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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

3911 1188

3919 1188

3822 1178

3915 1183.5

3826 1178

-89 -5.5

-2.27 -0.46

Chilli JEERA

20-Mar-13 7/19/2012

6192 14955

6194 14960

6082 14650

6162 15052.5

6150 14800

-12 -252.5

-0.19 -1.68

Gur KAPAS

18-Jan-13 7/19/2012

1113.5 1044

1116.5 1053

1103 1035

1113 1049

1108.5 1041

-4.5 -8

-0.4 -0.76

Jeera PEPPER

20-Mar-13 7/19/2012

14780 42300

15080 42555

14780 42250

14825 42390

14835 42435

10 45

0.07 0.11

REFKapas SOYA

28-Feb-13 7/19/2012

976 780.5

976 783.6

956.5 777.4

970.5 782.85

956.5 781.3

-14 -1.55

-1.44 -0.2

SOYPepper BEAN

20-Feb-13 7/19/2012

34295 4309

34590 4330

33905 4265.5

34315 4303

33980 4315

-335 12

-0.98 0.28

Ref Soya TURMERIC Oil

18-Jan-13 7/19/2012

700.05 4600

704.7 4676

698.3 4518

699.9 4664

702.2 4540

2.3 -124

0.33 -2.66

Soy Bean WHEAT

18-Jan-13 7/19/2012

3231 1251

3263 1282

3225 1251

3225.5 1246

3239.5 1282

14 36

0.43 2.89

Turmeric

19-Apr-13

6616

6746

6516

6584

6600

16

0.24

Wheat New

18-Jan-13

1588

1590

1585

1588

1585

-3

-0.19

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: 3225 HIGH: 3263 LOW: 3225 CLOSE: 3239

SOYABEAN LOOKS SIDEWAYS TREND: CONSOLIDATE STRATEGY: BUY ON DIPS

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 DAILY CHANA CHART

ANALYSIS OPEN: 3915 HIGH: 3919 LOW: 3822 CLOSE: 3828

CHANA LOOKS SIDEWAYS TREND: CONSOLIDATE STRATEGY: SELL ON RISE

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