DAILY-AGRI-REPORT BY EPIC RESEARCH 21 DEC 2012

Page 1

DAILY AGRI REPORT 21ST DECEMBER 2012

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ďƒ˜ HEADLINES Chana remains up on strong demand Chana prices maintained their upward march for the third straight day and gained Rs 18 per quintal in futures trade as traders enlarged their positions following upsurge in demand in the spot market. However, hopes of higher output this year limited the gain. At the National Commodity and Derivatives Exchange, chana for delivery in December month gained Rs 18,

ďƒ˜ Trading tip:

or 0.43 per quintal, with an open interest of 3,800 lots. Spot jeera steady on dull demand

Buy Chana Jan Above 4065

On the back of dull demand, jeera price ruled steady. Moreover trading activities were dull due to the first phase Assembly Election in Gujarat. Jeera futures, however, declined

TGTS-4090/4130

on profit booking.

SL- 4037 EXPERT OPINION

Sell Soybean Jan

STOCK

S1

S2

R1

R2

Below 3300

CHANA

4012

3959

4098

4154

RM SEED

4201

4159

4291

4351

SOYABEAN

3251

3207

3354

3398

JEERA

15698

15499

16112

16324

TGTS-3270/3240 SL-3333

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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

18-Jan-13 7/19/2012

4017 1188

4083 1188

4017 1178

4020 1183.5

4062 1178

42 -5.5

1.04 -0.46

Chilli JEERA

20-Mar-13 7/19/2012

6108 14955

6288 14960

6100 14650

6128 15052.5

6212 14800

84 -252.5

1.37 -1.68

Gur KAPAS

18-Jan-13 7/19/2012

1117 1044

1118 1053

1102.5 1035

1118.5 1049

1105.5 1041

-13 -8

-1.16 -0.76

Jeera PEPPER

20-Mar-13 7/19/2012

15827.5 42300

15975 42555

15660 42250

15810 42390

15875 42435

65 45

0.41 0.11

REFKapas SOYA

28-Feb-13 7/19/2012

1000 780.5

1000 783.6

999 777.4

1001 782.85

999 781.3

-2 -1.55

-0.2 -0.2

SOYPepper BEAN

20-Feb-13 7/19/2012

35650 4309

35760 4330

35310 4265.5

35770 4303

35575 4315

-195 12

-0.55 0.28

Ref Soya TURMERIC Oil

18-Jan-13 7/19/2012

699 4600

708.5 4676

696.7 4518

702.3 4664

702.4 4540

0.1 -124

0.01 -2.66

Soy Bean WHEAT

18-Jan-13 7/19/2012

3348 1251

3365 1282

3275 1251

3363.5 1246

3304 1282

-59.5 36

-1.77 2.89

Turmeric

19-Apr-13

6640

6666

6532

6590

6586

-4

-0.06

Wheat New

20-Feb-13

1572

1574

1568

1571

1568

-3

-0.19

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: 3340 HIGH: 3365 LOW: 3275 CLOSE: 3304

SOYABEAN LOOKS DOWNWARD TREND: BEARISH STRATEGY: SELL ON RISE

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 DAILY CHANA CHART

ANALYSIS OPEN: 4020 HIGH: 4082 LOW: 4020 CLOSE: 4062

CHANA LOOKS UPWARD TREND: BULLISH STRATEGY: BUY ON DIPS

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