DAILY AGRI REPORT 23RD JANAURY 2013
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HEADLINES Soybean Feb contract to trade sideways. Epic Commodity Research has come out with its report on Soybean. The research firm expect Soybean February contract to trade sideways to higher. Any intraday corrective declines can’t be ruled out. Soybean future prices ended higher at NCDEX on improvement in global and domestic demand and holding of stocks by farmers. Also, higher closing at BMD
Trading tip:
supported the price move. Chilli, jeera prices recover as demand picks up
Buy Soybean Feb Above 3295
Red chilli and jeera prices recovered by Rs 100 per quintal in the national capital today largely on the back of a pick-up in demand from local parties as well as overseas enquiries. Red
TGTS-3320/3360 SL- 3265
chilli prices rose by Rs 100 to settle at Rs 6,800-11,900 per quintal. Jeera common and jeera best quality also traded higher by Rs 100 each to conclude at Rs 14,400-14,600 and Rs 17,400-18,000 per quintal.
EXPERT OPINION
Buy Jeera Mar Above 13700 TGTS-13800/13900 SL-13600
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STOCK
S1
S2
R1
R2
CHANA
3,523
3,471
3,612
3,671
RM SEED
3,441
3,398
3,551
3,598
SOYABEAN
3,241
3,191
3,354
3,401
JEERA
13510
13390
13750
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
3585 1188
3597 1188
3556 1178
3576 1183.5
3567 1178
-9 -5.5
-0.25 -0.46
Chilli JEERA
20-Mar-13 7/19/2012
6744 14955
6800 14960
6656 14650
6674 15052.5
6714 14800
40 -252.5
0.6 -1.68
Gur KAPAS
20-Mar-13 7/19/2012
1106 1044
1107.5 1053
1104.5 1035
1105 1049
1107 1041
-82
0.18 -0.76
Jeera PEPPER
20-Mar-13 7/19/2012
13700 42300
13750 42555
13600 42250
13690 42390
13640 42435
-50 45
-0.37 0.11
REFKapas SOYA
29-Mar-13 7/19/2012
896 780.5
896 783.6
880 777.4
895.5 782.85
880 781.3
-15.5 -1.55
-1.73 -0.2
SOYPepper BEAN
20-Feb-13 7/19/2012
37065 4309
37460 4330
37030 4265.5
37100 4303
37400 4315
300 12
0.81 0.28
Ref Soya TURMERIC Oil
20-Feb-13 7/19/2012
730.85 4600
736 4676
728.7 4518
728.2 4664
734.3 4540
6.1 -124
0.84 -2.66
Soy Bean WHEAT
20-Feb-13 7/19/2012
3266 1251
3297 1282
3265 1251
3274 1246
3293 1282
19 36
0.58 2.89
Turmeric
19-Apr-13
6234
6272
6126
6250
6128
-122
-1.95
Wheat New
20-Feb-13
1533
1539
1515
1533
1519
-14
-0.91
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: 3275 HIGH: 3297 LOW: 3275 CLOSE: 3293
SOYABEAN LOOKS UPWARD TREND: BULLISH STRATEGY: BUY ON DIPS
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DAILY CHANA CHART
ANALYSIS OPEN: 3576 HIGH: 3597 LOW: 3556 CLOSE: 3567
CHANA LOOKS SIDEWAYS TREND: CONSOLIDATE STRATEGY: BUY ON DIPS
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