NCDEX AGRI COMMODITIES DAILY TECHNICAL REPORT……!!!! 21-JANUARY-2014
NCDEX DAILY Newsletter (21-Jan- 2014)
AGRI COMMODITY DAILY WRAP UP‌..!!!! CHANA FUTURE Chana futures are expected to trade on a mixed to negative note today. However, higher sowing, favorable climatic conditions as well as comfortable supplies may pressurize prices. Commencement of arrivals of the new crop may add to the downside pressure. However, weather concerns in north India and pickup in demand may support prices at lower levels. Prices are trading near the MSP levels, thus, no major downside is expected.
SOYABEAN FUTURE Soybean futures may trade on a positive note. Fresh meal export demand and positive overseas markets may Support prices. However, higher South American crop prospects may cap gains and pressurize prices. Prices may also take cues from the Rupee movement.
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.
2|Page WWW.EPICRESEARCH.CO CALL: +917316642300
NCDEX DAILY Newsletter (21-Jan- 2014)
NCDEX OIL & OIL SEEDS DAILY TECHNICAL LEVELS DHANIYA HOURLY CANDLESTICK CHART
TRADING STRATEGY: BUY DHANIYA FEB ABOVE 8190 TGTS 8220,8270 SL 8140 SELL DHANIYA FEB BELOW 8090 TGTS 8070,8020 SL 8140
3|Page WWW.EPICRESEARCH.CO CALL: +917316642300
NCDEX DAILY Newsletter (21-Jan- 2014)
NCDEX PULSES DAILY TECHNICAL LEVELS CASTORSEED HOURLY CANDLESTICK CHART
TRADING STRATEGY: BUY CASTORSEED FEB ABOVE 4380 TGTS 4410,4460 SL 4330 SELL CASTORSEED FEB BELOW 4315 TGTS 4285,4235 SL 4365
4|Page WWW.EPICRESEARCH.CO CALL: +917316642300
NCDEX DAILY Newsletter (21-Jan- 2014)
NCDEX SPICES DAILY TECHNICAL LEVELS CHANA HOURLY CANDLESTICK CHART
TRADING STRATEGY: BUY CHANA JAN ABOVE 3090 TGTS 3120,3170 SL 2960 SELL CHANA FEB BELOW 3050 TGTS 3020,2970 SL 3100
5|Page WWW.EPICRESEARCH.CO CALL: +917316642300
NCDEX DAILY Newsletter (21-Jan- 2014)
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 tailormade 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.
6|Page WWW.EPICRESEARCH.CO CALL: +917316642300
NCDEX DAILY Newsletter (21-Jan- 2014)
CONTACT US: WWW.EPICRESEARCH.CO
Epic Research Private Limited Corporate Office 411 Milinda Manor (Suites 409 - 417) 2 RNT MargOpp Central Mall Indore (M.P.) Hotline: +91 731 664 2300 / 2427 / 2230 Alternate: +91 731 664 2320 / 2226 +91 97521 99966 Or give us a missed call at 026 5309 0639
7|Page WWW.EPICRESEARCH.CO CALL: +917316642300