DAILY AGRI REPORT 30TH JANUARY 2013
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ďƒ˜ HEADLINES Jeera declines 0.2% on higher output concerns. Jeera futures for April drifted by Rs 30, or 0.22%, per quintal in 5,364 lots. At the National Commodity and Derivatives Exchange (NCDEX), the March contract lost Rs 27.50, or 0.21%, per quintal in 11,928 lots. Traders reducing their positions on expectations of higher output affected the trade Besides, subdued demand in spot markets and producing regions also
ďƒ˜ Trading tip:
weighed on the prices. Turmeric prices my trade lower on selling pressure.
Sell Chana Apr Below 3550
Turmeric prices are expected to trade on lower note on continued selling pressure in spot markets. Lack of fresh orders from north India is resulting in sluggish demand from
TGTS- 3520/3480 SL- 3580
exporters and bulk buyers which might weigh down on turmeric prices. However, news of erode farmers alleging for minimum support price of Rs. 9000 per quintal for fresh crop might create volatility in prices in near term.
EXPERT OPINION
Buy Jeera Mar Above 13400 TGTS-13500/13650 SL-13300
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STOCK
S1
S2
R1
R2
CHANA
3,510
3,461
3,602
3,658
RM SEED
3,387
3,321
3,478
3,548
SOYABEAN
3,201
3,150
3,298
3,361
JEERA
13210
13070
13490
13620
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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
19-Apr-13 7/19/2012
3596 1188
3600 1188
3543 1178
3605 1183.5
3555 1178
-50 -5.5
-1.39 -0.46
Chilli JEERA
20-Mar-13 7/19/2012
6794 14955
6846 14960
6752 14650
6734 15052.5
6802 14800
68 -252.5
1.01 -1.68
Gur KAPAS
20-Mar-13 7/19/2012
1103.5 1044
1114 1053
1103 1035
1103.5 1049
1113 1041
9.5 -8
0.86 -0.76
Jeera PEPPER
20-Mar-13 7/19/2012
13400 42300
13417.5 42555
13285 42250
13377.5 42390
13360 42435
-17.5 45
-0.13 0.11
REFKapas SOYA
28-Feb-13 7/19/2012
850 780.5
853 783.6
850 777.4
855 782.85
853 781.3
-2 -1.55
-0.23 -0.2
SOYPepper BEAN
20-Feb-13 7/19/2012
37320 4309
38000 4330
36910 4265.5
37315 4303
37935 4315
620 12
1.66 0.28
Ref Soya TURMERIC Oil
20-Feb-13 7/19/2012
725 4600
727.4 4676
722.1 4518
725.35 4664
726.5 4540
1.15 -124
0.16 -2.66
Soy Bean WHEAT
20-Feb-13 7/19/2012
3236 1251
3262 1282
3235 1251
3246.5 1246
3257 1282
10.5 36
0.32 2.89
Turmeric
19-Apr-13
6014
6090
5980
6050
6038
-12
-0.2
Wheat New
20-Feb-13
1567
1571
1554
1567
1557
-10
-0.64
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: 3246 HIGH: 3262 LOW: 3235 CLOSE: 3257
SOYABEAN LOOKS DOWNWARD TREND: BEARISH STRATEGY: SELL ON RISE
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DAILY CHANA CHART
v
ANALYSIS OPEN: 3605 HIGH: 3605 LOW: 3543 CLOSE: 3555
CHANA LOOKS SIDEWAYS TREND: CONSOLIDATE STRATEGY: SELL ON RISE
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