Money Maker Research Pvt. Ltd.

Daily Agri Newsletter

28 APRIL 2015

www.moneymakerfinancial.com An ISO 9001-2008 Company

j

H E A D L I N E S

Soyabean rise on monsoon concerns

Soyabean and Soyoil futures rose on concerns over weak

monsoon, while restricted soybean supplies also supporting.

India is expected to see below-average rains this year as the

emergence of an El Nino weather pattern will likely, a

weather forum said last week. The June soybean ended up

2.16 percent at 4,115 rupees per 100 kg.

Chana ended higher as unseasonal

rains raised concerns over

production

Jeera slips on poor demand

Jeera futures fell 1 percent as weak overseas demand and

local buying amid sufficient supplies weighed on sentiment.

The key May jeera contract fell 1 percent to 17,875 rupees

per 100 kg.

Chana futures ended higher as unseasonal rains raised

concerns over production and limited spot supplies. The May

contract ended up 2.82 percent at 4,226 rupees per 100 kg.

Untimely rains over the last few weeks in the central state of

Madhya Pradesh and in the western state of Maharashtra

damaged the mature chana crop in some districts.

SCRIP CLOSE CHANGE %

CHANGE R2 R1 S1 S2 STRATEGY

MENTHA OIL (APR )

985 -20.8 -2.07 1015 1000 970 955 SELL ON

HIGH

CARDAMOM (APR)

832 -30 -3.48 965 845 815 800 SELL ON

HIGH

SOYBEAN (JUN )

4109 81 2.01 4200 4150 4070 4040 BUY ON DIPS

CHANA (MAY )

4221 111 2.7 4300 4260 4190 4160 BUY ON DIPS

CASTORSEED (MAY )

3780 -31 -0.81 3860 3820 3750 3720 BUY ON DIPS

RM SEED (MAY )

3850 55 1.45 3920 3085 3815 3785 BUY ON DIPS

DHANIYA (MAY )

10089 -182 -1.77 10600 10300 9800 9500 BUY ON DIPS

JEERA (MAY )

17805 -255 -1.41 18600 18200 17500 17100 BUY ON DIPS

TURMERIC (MAY )

8676 332 3.98 9100 8900 8500 8300 BUY ON DIPS

P I V O T T A B L E

C H A R T I S T P I C K

BUY CHANA MAY ABOVE 4210 AND MAINTAIN STOP LOSS BELOW

4170. WE CAN SEE THE TARGETS AROUND 4250/4290

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. Investment in Stocks has its own risks. 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. We, however, do not vouch for the accuracy or the completeness thereof. This material is for personal information and we are not responsible for any loss incurred based upon it & takes no responsibility whatsoever for any financial profit s or loss which may arise from the recommendations above. The stock price projections shown are not necessarily indicative of future price performance. The information herein, together with all estimates and forecasts, can change without notice. Money Maker Research Pvt. Ltd. does not purport to be an invitation or an offer to buy or sell any financial instrument. Analyst or any person related to Money Maker Research Pvt. Ltd. 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. 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. Any surfing and reading of the information is the acceptance of this disclaimer. All Right Reserved.

D I S C L A I M E R