DAILY-AGRI-REPORT BY EPIC RESEARCH 24 JAN 2013

Page 1

DAILY AGRI REPORT 24TH JANUARY 2013

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ďƒ˜ HEADLINES Chana futures rise on higher spot demand. Chana prices rose by Rs 29 per quintal in futures trade as traders enlarged their holdings on good demand in the spot market. Restricted arrivals of the commodity in physical market and fears of crop damage in Madhya Pradesh and Rajasthan due to frost capped the gains. At the National Commodity and Derivatives Exchange, chana for delivery in

ďƒ˜ Trading tip:

Buy Dhaniya Apr Above 7195

April rose by Rs 29, or 0.81 per cent, with an open interest of 62,640 lots. Chilli, turmeric prices rise on buying support Red chilli and turmeric prices rose by Rs 100 per quintal in the national capital on fresh buying by retailers and stockists amid

TGTS-7230/7270 SL- 7160

low stocks. Fall in supplies from producing belts also supported the upside in prices. Red chilli and turmeric prices rose by Rs 100 each to settle at Rs 6,900-12,000 and Rs 6,4009,700 per quintal, respectively.

EXPERT OPINION

Sell Castorseed Feb Below 3610 TGTS-3580/3550 SL-3635

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STOCK

S1

S2

R1

R2

CHANA

3,551

3,502

3,654

3,699

RM SEED

3,441

3,398

3,551

3,598

SOYABEAN

3,212

3,154

3,312

3,361

JEERA

13300

13120

13720

13900

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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

3568 1188

3600 1188

3563 1178

3567 1183.5

3597 1178

30 -5.5

0.84 -0.46

Chilli JEERA

20-Mar-13 7/19/2012

6722 14955

6828 14960

6702 14650

6712 15052.5

6826 14800

114 -252.5

1.7 -1.68

Gur KAPAS

20-Mar-13 7/19/2012

1107.5 1044

1108.5 1053

1101 1035

1106.5 1049

1103 1041

-3.5 -8

-0.32 -0.76

Jeera PEPPER

20-Mar-13 7/19/2012

13640 42300

13675 42555

13530 42250

13642.5 42390

13580 42435

-62.5 45

-0.46 0.11

REFKapas SOYA

30-Apr-13 7/19/2012

906 780.5

910.5 783.6

899 777.4

903 782.85

900 781.3

-3 -1.55

-0.33 -0.2

SOYPepper BEAN

20-Feb-13 7/19/2012

37355 4309

37875 4330

37250 4265.5

37345 4303

37875 4315

530 12

1.42 0.28

Ref Soya TURMERIC Oil

20-Feb-13 7/19/2012

733.8 4600

733.8 4676

724.5 4518

733.65 4664

725.05 4540

-8.6 -124

-1.17 -2.66

Soy Bean WHEAT

20-Feb-13 7/19/2012

3283.5 1251

3308 1282

3267 1251

3289 1246

3268.5 1282

-20.5 36

-0.62 2.89

Turmeric

19-Apr-13

6150

6310

6140

6150

6276

126

2.05

Wheat New

20-Feb-13

1529

1559

1529

1520

1550

30

1.97

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: 3289 HIGH: 3308 LOW: 3267 CLOSE: 3270

SOYABEAN LOOKS DOWNWARD TREND: BEARISH STRATEGY: SELL ON RISE

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 DAILY CHANA CHART

ANALYSIS OPEN: 3567 HIGH: 3600 LOW: 3563 CLOSE: 3597

CHANA LOOKS SIDEWAYS TREND: CONSOLIDATE STRATEGY: BUY ON DIPS

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