DAILY AGRI REPORT 18TH DECEMBER 2012
WWW.EPICRESEARCH.CO
+91 9752199966
ďƒ˜ HEADLINES Buy Castorseed, Soybean on dip; sell Chana on rally. Epic Research has come out with its report on agricultural commodities. The research firm has recommended to buy Castorseed, Soybean on dip and sell Chana on pullbacks. Castorseed Prices skyrocketed for the last 3 days and closed the last session at 3838 levels, prices broke a triangle breakout pattern with high volume, signaling possible uptrend towards
ďƒ˜ Trading tip:
Sell Mentha Oil Dec Below 1380
3900 followed by 4010 levels in the immediate run. Moreover, daily RSI is also validating the momentum. Epic
Research
expects
50%
lower
Turmeric
production in FY13 Turmeric futures traded higher despite weak trend in major
TGTS-1365/1345 SL- 1393
spot markets. However, the prices are likely to decline due to overall subdued demand amid recent rise in prices. Prices had gained earlier due to high demand from stockists and exporters to build their inventories.
EXPERT OPINION
Buy Jeera Mar Above 15430 TGTS-15500/15600 SL-15347
www.epicresearch.co
STOCK
S1
S2
R1
R2
CHANA
3931
3874
4023
4097
RM SEED
4098
4037
4178
4223
SOYABEAN
3397
3342
3489
3546
JEERA
15224
15012
15612
15824
+91 9752199966
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
3945 1188
3989 1188
3942 1178
3949 1183.5
3980 1178
31 -5.5
0.79 -0.46
Chilli JEERA
20-Mar-13 7/19/2012
6146 14955
6184 14960
6100 14650
6188 15052.5
6118 14800
-70 -252.5
-1.13 -1.68
Gur KAPAS
18-Jan-13 7/19/2012
1121 1044
1125 1053
1112 1035
1123 1049
1121 1041
-8-2
-0.18 -0.76
Jeera PEPPER
20-Mar-13 7/19/2012
15365 42300
15475 42555
15310 42250
15415 42390
15420 42435
455
0.03 0.11
REFKapas SOYA
29-Mar-13 7/19/2012
1037 780.5
1037 783.6
1010.5 777.4
1019 782.85
1010.5 781.3
-8.5 -1.55
-0.83 -0.2
SOYPepper BEAN
20-Feb-13 7/19/2012
34600 4309
35420 4330
34500 4265.5
34590 4303
35185 4315
595 12
1.72 0.28
Ref Soya TURMERIC Oil
18-Jan-13 7/19/2012
714.5 4600
717.3 4676
709.65 4518
712.65 4664
714.85 4540
2.2 -124
0.31 -2.66
Soy Bean WHEAT
18-Jan-13 7/19/2012
3413 1251
3455 1282
3412 1251
3402 1246
3440 1282
38 36
1.12 2.89
Turmeric
19-Apr-13
6226
6474
6226
6234
6450
216
3.46
Wheat New
18-Jan-13
1592
1594
1587
1591
1589
-2
-0.13
DAILY MARKET STATISTICS
www.epicresearch.co
CHG
PERCENTAGE CHANGE
-28
-0.61
CHANGE -102
PERCENTAGE -1.99 CHANGE
+91 9752199966
DAILY SOYABEAN CHART
ANALYSIS OPEN: 3412 HIGH: 3455 LOW: 3412 CLOSE: 3440
SOYABEAN LOOKS UPWARD TREND: BULLISH STRATEGY: BUY ON DIPS
www.epicresearch.co
+91 9752199966
DAILY CHANA CHART
ANALYSIS OPEN: 3949 HIGH: 3989 LOW: 3942 CLOSE: 3980
CHANA LOOKS SIDEWAYS TREND: CONSOLIDATE STRATEGY: BUY ON DIPS
www.epicresearch.co
+91 9752199966
Disclaimer The information and views in this report, our website & all the service we provide are believed to be reliable, but we do not accept any responsibility (or liability) for errors of fact or opinion. Users have the right to choose the product/s that suits them the most. Sincere efforts have been made to present the right investment perspective. The information contained herein is based on analysis and up on sources that we consider reliable. This material is for personal information and based upon it & takes no responsibility The information given herein should be treated as only factor, while making investment decision. The report does not provide individually tailor-made investment advice. Epic research recommends that investors independently evaluate particular investments and strategies, and encourages investors to seek the advice of a financial adviser. Epic research shall not be responsible for any transaction conducted based on the information given in this report, which is in violation of rules and regulations of NSE and BSE. The share price projections shown are not necessarily indicative of future price performance. The information herein, together with all estimates and forecasts, can change without notice. Analyst or any person related to epic research might be holding positions in the stocks recommended. It is understood that anyone who is browsing through the site has done so at his free will and does not read any views expressed as a recommendation for which either the site or its owners or anyone can be held responsible for . Any surfing and reading of the information is the acceptance of this disclaimer. All Rights Reserved. Investment in equity & bullion market has its own risks. We, however, do not vouch for the accuracy or the completeness thereof. we are not responsible for any loss incurred whatsoever for any financial profits or loss which may arise from the recommendations above epic research does not purport to be an invitation or an offer to buy or sell any financial instrument. Our Clients (Paid Or Unpaid), Any third party or anyone else have no rights to forward or share our calls or SMS or Report or Any Information Provided by us to/with anyone which is received directly or indirectly by them. If found so then Serious Legal Actions can be taken.
www.epicresearch.co
+91 9752199966