NCDEX AGRI COMMODITIES DAILY TECHNICAL REPORT……!!!! 20-JANUARY-2014
NCDEX DAILY Newsletter (20-Jan- 2014)
AGRI COMMODITY DAILY WRAP UP‌..!!!! SOYABEAN FUTURE Soybean Feb futures traded on a positive note on Thursday tracking positive overseas markets as well as fresh soy meal export demand. However, prices corrected marginally from higher levels on profit taking and settled 0.26% higher. Arrivals of the new crop across India are reported at 183,000 bags on Thursday as against190,000 bags on Wednesday. SOPA has estimated production to be lower and has revised its output expectations to 122.34 lk tn from 129.83 lk tn earlier.
JEERA FUTURE Jeera futures traded on a mixed note on Thursday. Fresh export enquiries supported prices at lower levels. However, higher sowing, record high output expectations as well as weak demand from bulk consumers capped sharp gains and settled marginally higher 0.02%. Jeera sowing in Gujarat is reported to be complete and is said to be in good condition.
TURMERIC FUTURE Prices seem to find some strong support at these levels even as low trading activities prevented any strong upside movement for the commodity. With new crop arrivals there, the uptrend has been limited. Traders however anticipate present rates are very low and some more recovery cannot be ruled out in coming days once exports start picking up again.
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NCDEX DAILY Newsletter (20-Jan- 2014)
NCDEX OIL & OIL SEEDS DAILY TECHNICAL LEVELS DHANIYA HOURLY CANDLESTICK CHART
TRADING STRATEGY: BUY DHANIYA FEB ABOVE 8090 TGTS 8120,8170 SL 8030 SELL DHANIYA FEB BELOW 8115 TGTS 8085,8035 SL 8165
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NCDEX DAILY Newsletter (20-Jan- 2014)
NCDEX PULSES DAILY TECHNICAL LEVELS CASTORSEED HOURLY CANDLESTICK CHART
TRADING STRATEGY: BUY CASTORSEED FEB ABOVE 4360 TGTS 4390 / 4440 SL 4310 SELL CASTORSEED FEB BELOW 4270 TGTS 4240 / 4190 SL 4320
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NCDEX DAILY Newsletter (20-Jan- 2014)
NCDEX SPICES DAILY TECHNICAL LEVELS CHANA HOURLY CANDLESTICK CHART
TRADING STRATEGY: BUY CHANA FEB ABOVE 3085 TGTS 3115 / 3165 SL 3035 SELL CHANA FEB BELOW 3050 TGTS 3020 / 2970 SL 3100 5|Page WWW.EPICRESEARCH.CO CALL: +917316642300
NCDEX DAILY Newsletter (20-Jan- 2014)
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NCDEX DAILY Newsletter (20-Jan- 2014)
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