kedia commodity report

8/3/2019 Kedia Commodity Report

1/7

COMMODITIES FUTURES UPDATE AS ON 18TH MARCH 20111 TIME: -10.40 IS

PARTICULARS R A T E %EURO : 1.4074 0.39

RUPEE : 45.055 -0.28

GOLD$ : 1410.9 0.51

SILVER$ : 34.810 1.72

PLATINUM $ : 1708 0.63

CRUDE$ : 103.08 1.61

I N T E R N A T IO N A L U P D A T E

NA M E %NASDAQ : 2225.24 1.01

SHICOM : 2913.59 0.56

STRAITS : 2950.68 0.27

NIKKEI : 9245.71 3.19

DJ : 11774.59 1.39

FTSE : 5696.11 1.75

HANSANG : 22445.46 0.72

S T O C K S U P D A T E :

C o m m o d it y L a s t Ne tCOPPER 428800 1825

ALUMINIUM 4619400 -1050

NICKEL 125598 -972

LEAD 289500 -425

TIN 18090 -35

ZINC 733475 -100

L M E S T O C K S

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GOLD SILVER CRUDE COPPER

BULLION WILL BE VOLATILE WITH POSITIVEBOUNCEIN MORNING SESSIO0N

CRUDE AS PEREXPECTATION

JUMPED ON ARABCONCERN STILL LOOK

FIRM TILL 4850 INAP R

COPPER JUMPEDAFTER THE CHINA;SBANK UPDATE THT

THEY WILL NOTINCERESE THE RATE

NICKEL PEPPER MENTHOL RUPEE

MORNING UP WEAK MORNING UP45.56 IS NEXT

RESISTANCE RANGE

WILL 45.10-45.40

TODAYS MARKET CALLS

BULLION P LEASE TRADE AS PER SMS / Y AHOO ALERT AS MKT WILL BE VOLATILE.

BULLION / CRUDE WILL BE VOLATILE ON JAPAN S AND ARAB UPDATE. BE ALERT AND TRADE

BUY GOLD APR @ 20680-700 SL 20650 TGT 20738-20775-20805.MCX

BUY SILVER MAY ABV 52200 SL 51950 TGT 52360-52520-52680.MCX

BUY CRUDE APR ABV 4675 SL 4645 TGT 4700-4730-4756.MCX

BUY ZINC MAR ABV 105.50 SL 104.80 TGT 106.20-106.80-107.40.MCX

BUY N ICKEL @ 1178-1180 SL 1170 TGT 1188-1195-1200.MCX

BUY GUARSEED APR @ 2850-2860 SL 2820 TGT 2885-2902.NCDEX

BUY PEPPER APR @ 23000-23080 SL 22880 TGT 23180-23340.NCDEX

BUY MENTHOL MAR ABV 1255 SL 1248 TGT 1260-1268-1275.MCX

SELL SOYABEAN AP R @ 2340-2350 SL 2370 TGT 2318-2290-2270.NCDEX

SELL CHANA APR @ 2535-2545 SLABV 2568 TGT 2512-2490-2472.NCDEX

SELL JEERA APR @ 16550 SL 16720 TGT 16380 -16220-16080.NCDEX

BUY NAT.GAS MAR @ 184 SL 181 .50 TGT 186.50-188.80-190.50.MCX

BUY ALUMIN IUM MAR @ 112 SL 111.20 TGT 113.20-114.20.MCX

SELL REF.SOYA OI L APR BELOW 609 SL 612.50 TGT 604.80-600.50.NCDEX

BUY CP O MAR @ 518 SL 514.80 TGT 520.50-522.80.MCX

SELL WHEAT AP R @ 1169 SL 1174 TGT 1164-1160-1156.50.NCDEX (1-2 DAYS)

BUY RMSEED APR @ 2700-2703 SL 2690 TGT 2718-2728..NCDEX

MENTHA OI L SPREAD BUY MAR SELL MAY ENTRY : -260 SL: -240 TGT -300 / -320.MCXCRUDE SPREAD: BUY MAR SELL AP R ENTRY : 84 SL 104 TGT 64-45-25.MCX


2/7

LEVELS AND DETAILS OF ALL COMMODITY

N A M E OPEN HI GH LOW CLOSE OPEN INTChange

in Rs.

Change

in %Volume

R SI

(18 DA YS)

MARCH 4435 4608 4435 4586 17926 142 3.1 158529 57

APRIL 4527 4678 4513 4658 6875 141 3.03 17559 56.03

Su p-1 Su p-2 Su p-3

4478 4370 4305

M A R C H Re s-1 Re s- 2 Re s- 3

M O N T H 4651 4716 4824

MARCH 179.7 187.4 178.8 186.7 9249 7.4 3.96 35897 53.36

APRIL 184 192.5 184 191.8 2532 7.3 3.81 3674 53.65


181 .2 175 .7 172 .6


M O N T H 189 .8 192 .9 198 .4

APRIL 422.1 437.9 420.8 436.3 24494 14.65 3.36 148679 48.55

JUNE 426.5 442.25 425.45 440.8 3775 14.55 3.3 11198 49.28


425.43 414.57 408.33

AP RI L Re s-1 Re s- 2 Re s- 3

M O N T H 442.53 448.77 459.63

MARCH 103.5 105.9 102.85 105.05 8554 1.5 1.43 23069 40.34

APRIL 104.9 107.2 104.25 106.5 1362 1.6 1.5 2209 39.98


103.3 101.55 100.25


M O N T H 106.35 107.65 109.4

MARCH 1135.7 1178.5 1134.2 1174.1 7372 40 3.41 60958 39.42

APRIL 1148 1186 1142.5 1182.8 1458 39.4 3.33 3400 37.34


1146 1118 1101.7


M O N T H 1190.3 1206.6 1234.6

MARCH 117 121.25 117 120.85 8265 4 3.31 32155 59.01

APRIL 117.3 121.05 117.1 120.6 1373 3.6 2.99 2276 59.48


118.15 115.45 113.9


M O N T H 122.4 123.95 126.65

MARCH 111.5 113.7 110.9 113.55 2502 2.45 2.16 6719 46.19


111.73 109.92 108.93


M O N T H 114.53 115.52 117.33

ENERGY COMPLEX

CO P P E R

ALUMINIUM

Support P.POINT

POSITIVE

Resistance 112.717

INTRA-DAY

LEVEL FOR

LEAD

Support P.POINT

POSITIVE

Resistance 119.7

INTRA-DAY

LEVEL FOR

NICKEL

Support P.POINT

POSITIVE

Resistance 1162.27

INTRA-DAY

LEVEL FOR

ZINC

Support P.POINTPOSITIVE

Resistance 104.6

I NT RA- DAY

LEVEL

BAS E M E T AL CO M P L EX

Support P.POINT

POSITIVEResistance 431.667

INTRA-DAY

LEVEL FOR

NATURAL GAS

Support P.POINT

POSITIVE

Resistance 184.3

INTRA-DAY

LEVEL FOR

CRUDE OIL

Support P.POINT

POSITIVEResistance 4543

INTRA-DAY

LEVEL FOR


3/7

N A M E OPEN HIGH LOW CLOSE OPEN INTChange

in Rs.

Change

in %Volume

RSI

(18 DA YS)

APRIL 1146 1153 1113.3 1125.1 1500 -15.5 -1.38 1235 37.44

Sup-1 Sup-2 Sup-3

1107.9 1090.8 1068.2APRIL Res-1 Res-2 Res-3

MONTH 1147.6 1170.2 1187.3

MARCH 1230 1257.6 1227.1 1248 6608 12.1 0.97 2779 68.48

APRIL 1069.7 1112.2 1068 1101.9 1035 31.2 2.83 1425 54.16

Sup-1 Sup-2 Sup-3

1230.9 1213.7 1200.4

M A R C H Res-1 Res-2 Res-3

MONTH 1261.4 1274.7 1291.9

APRIL 607 612 605.2 610.9 92370 3.9 0.64 119780 37.07

MAY 611.7 618 611.05 616.15 45510 3.05 0.5 53360 37.11

Sup-1 Sup-2 Sup-3

606.73 602.57 599.93

APRIL Res-1 Res-2 Res-3 609.367

MONTH 613.53 616.17 620.33

MARCH 518.1 522.8 518 520.3 1781 1.2 0.23 339 35.51APRIL 518 524 518 521.7 3296 1.2 0.23 1045 36.88

Sup-1 Sup-2 Sup-3

517.93 515.57 513.13

M A R C H Res-1 Res-2 Res-3

MONTH 522.73 525.17 527.53

APRIL 608.3 624.8 606.5 620.1 1395 11.4 1.84 1650 36.32

Sup-1 Sup-2 Sup-3

609.47 598.83 591.17

APRIL Res-1 Res-2 Res-3

MONTH 627.77 635.43 646.07

M CX - OTHER ITEMS

POTAT O - AGRA

Support P.POINT

POSITIVEResistance 617.133

INTRA-DAY

LEVEL

CRUDE PALM OIL

Support P.POINT

WEAK

Resistance 520.367

INTRA-DAY

LEVEL FOR

REF.SOYAOIL

Support P.POINT

POSITIVE

Resistance

INTRA-DAY

LEVEL FOR

M ENTHOL - OIL

Support P.POINT

POSITIVE

Resistance 1244.23

INTRA-DAY

LEVEL FOR

CARDAMOM

Support P.POINT

WEAK

Resistance 1130

INTRA-DAY

LEVEL FOR


4/7


in Rs.

Change

in %Volume

R SI

(18 D AYS)

APRIL 2820 2825 2806 2812 29040 -9 -0.32 14420 34.67

MA Y 2912 2912 2875 2884 7500 -9 -0.31 1220 61.9

Sup-1 Sup-2 Sup-3

2803.7 2795.3 2784.7

A P R I L Res-1 Res-2 Res-3M O N T H 2822.7 2833.3 2841.7

APRIL 9300 9450 9292 9362 9590 -28 -0.3 3390 42.6

JUNE 10088 10150 9976 10034 5300 -90 -0.9 1670 58.91

Sup-1 Sup-2 Sup-3

9286 9210 9128

A P R I L Res-1 Res-2 Res-3

M O N T H 9444 9526 9602

APRIL 7890 8180 7880 8084 19565 219 2.68 21570 51.08

MA Y 8080 8371 8075 8371 34520 322 3.85 9930 53.24

Sup-1 Sup-2 Sup-3

7916 7748 7616


M O N T H 8216 8348 8516

APRIL 2780 2890 2780 2888 189420 110 3.81 276350 51.5

MA Y 2834 2936 2825 2933 25480 110 3.75 18410 51.22

Sup-1 Sup-2 Sup-3

2815.3 2742.7 2705.3A P R I L Res-1 Res-2 Res-3

M O N T H 2925.3 2962.7 3035.3

APRIL 23350 23738 23060 23357 9227 80 0.34 13454 51.87

MA Y 23647 24019 23351 23695 1012 99 0.42 1000 52.74

JUNE 23979 24299 23700 24013 167 -5 -0.02 182 53.3

Sup-1 Sup-2 Sup-3

23032 22707 22354


M O N T H 23710 24063 24388

APRIL 16340 16575 16212 16476 18171 191 1.16 12570 48.88

MA Y 16701 16890 16614 16812 9669 132 0.79 2385 61.14

JUNE 16980 17225 16950 17129 471 170 0.99 204 90.71

Sup-1 Sup-2 Sup-3

16267 16058 15904


M O N T H 16630 16784 16993

JEERA

INTRA- DAY

LEVEL FOR Support P.POINT

POSITIVE

Resistance 16421

P E P P E R

INTRA- DAY


WEAK

Resistance 23385

GUAR SEED

INTRA- DAY


POSITIVE

Resistance 2852.67

GUAR GUM

INTRA- DAY


POSITIVE

Resistance 8048

CHILLI

I N TR A - D A Y

LEVELSupport P.POINT

WEAK

Resistance 9368

N C D EX A G R O ITEM S

M C X - SUG A R M

INTRA- DAY


WEAK

Resistance 2814.33


5/7


in Rs.

Change

in %Volume

R SI

(18 D AYS)

APRIL 10260 10448 10080 10278 7425 -64 -0.62 4135 51.6

MA Y 9756 9768 9574 9604 4915 -172 -1.79 1300 46.75

Sup-1 Sup-2 Sup-3

10089 9900.7 9721.3A P R I L Res-1 Res-2 Res-3

M O N T H 10457 10637 10825

APRIL 2717 2737 2703 2728 64710 21 0.77 53920 33.15

MA Y 2761 2781 2746 2770 116840 22 0.79 74280 33.71

Sup-1 Sup-2 Sup-3

2708.3 2688.7 2674.3

A P R I L Res-1 Res-2 Res-3 2722.67

M O N T H 2742.3 2756.7 2776.3

APRIL 1167 1171 1166 1169.4 9180 3.6 0.31 920 35.45

MA Y 1181 1185 1180 1184.4 31870 6 0.51 1020 38.12

Sup-1 Sup-2 Sup-3

1166.6 1163.8 1161.6


M O N T H 1171.6 1173.8 1176.6

APRIL 1167 1171 1166 1169.4 9180 3.6 0.31 920 35.45

MA Y 1181 1185 1180 1184.4 31870 6 0.51 1020 38.12

Sup-1 Sup-2 Sup-3

1166.6 1163.8 1161.6


M O N T H 1171.6 1173.8 1176.6

APRIL 2320.5 2338 2310 2328.5 199380 14.5 0.62 90970 35.54

MA Y 2342.5 2369 2338.5 2357 142690 15.5 0.66 39690 36.1

Sup-1 Sup-2 Sup-3

2313 2297.5 2285


M O N T H 2341 2353.5 2369

JULY 1002.5 1009 996 1006 9080 4.5 0.45 2610 49.54

SEPT 1020 1036 1019 1026 1250 3 0.29 180 48.3

Sup-1 Sup-2 Sup-3

998.33 990.67 985.33

JULY Res-1 Res-2 Res-3

M O N T H 1011.3 1016.7 1024.3

GU R

INTRA- DAY


POSITIVE

Resistance 1003.67

SO YA B EA N

INTRA- DAY


POSITIVE

Resistance 2325.5

N C D EX - W H EA T

INTRA- DAY


POSITIVE

Resistance 1168.8

N C D EX - W H EA T

INTRA- DAY


POSITIVE

Resistance 1168.8

M U STA R D SEED

INTRA- DAY


POSITIVE

Resistance

TU R MER I C

INTRA- DAY


POSITIVE

Resistance 10268.7


6/7

TODAYS DATA

TIME CURRE NCY

All Day ALL

12:30p m E UR

2:30pm EUR

2:30pm EUR

3:30pm EUR

0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0 0 0 0

0

0 0 0

0 0 0

0

0

German P PI m/ m

Current Ac count

Ital ian Trade Balance

Trade Balance

0

0

0

0

0

0

0

0.007

-10.6B

-1.98B

-2.0B

0

0

0

0.012

-13.3B

-2.72B

-2.3B

0

0

0

DATA

G7 Meetings

Previous

0

Forecast

KING OF MARKET: - GOLD, SILVER & CRUDE

COMMODITIES GOLDAPR SILVERMAY COPPERAPR CRUDEMA R CRUDE$ GOLD $ SILVER $

Close 20722 52100 436.30 4586 103.25 1410.66 34.74

Resistance

20922 53240 443.60 4735 106.80 1424.80 35.85

20858 52922 440.80 4698 105.20 1422.10 35.60

20802 52610 439.20 4656 104.40 1417.40 35.22

20765 52380 437.80 4622 103.80 1412.60 34.98

Support

20680 51880 432.80 4546 102.70 1406.40 34.56

20624 51592 430.10 4502 101.60 1402.80 34.22

20578 51380 427.60 4471 100.98 1398.40 33.95

20532 51045 424.20 4434 99.20 1392.20 33.68

SpecialRemark BULLION WILL BE VOLATILEMORNING LOOK FIRM WAIT

CRUDE AS PER EXPECTATION

JUMPED LOOK FIRM TILL 4850 INAP R

GOLD RECOVERED AS CRUD

RECOVERED CAN TEST1418$

NEWS YOU CAN USE

The recent increase in broker-level open interest (OI) limits by the regulator will help attract more actual users to commodity futures exchanges. Opinterest or outstanding buy or sell positions, has been increased from three times to five times the client limits in select farm and non-farm commoditiIn certain products such as gold, soyabean and jeera, client limits have also been increased, allowing actual users with greater exposure to hedthemselves more effectively. In gold the broker-level OI has been increased to 12.5 tonne and the client limit from 2 tonne to 2.5 tonne. In soyabean, broker limit has been increased to 100,000 tonne from 30,000 tonne and the client limit doubled from 10,000 tonne to 20,000 tonne. An exchange offirequesting anonymity said that the Forward Markets Commission, the regulator of commodity futures trading, okayed the long-standing demandcommexes such as NCDEX and MCX by introducing higher member limits in certain commodities for the first time. However, some corporate clients in non-farm business feel the duration and amount of exposure that local commexes offer are simply not good enough for large corporates to hedthemselves on the platform.

Kerala's commodity exporters fear shipments to Japan will take a major hit in the coming months as the tsunami-ravaged nation focusses its energy rescue and relief operations. Japan is a big market for Kerala's premium commodities such as cashew and shrimp. Exporters fear Japan might cut downthe consumption of luxury food till the country comes to terms with the disaster. Seafood exports to Japan stood at `1,358 crore during the April-tDecember period of the current fiscal. Japan is a major consumer of seafood varieties such as shrimp, cuttle fish and squid shipped from the state. "Wwere planning to shift our attention from the European Union to the Japanese market," said a spokesman of the industry. Spices exports will take a knas Japan buys some quantities of pepper and cardamom which are among the major cash crops in the state. But the impact will not be as adverse as value-added spice products such as oleoresins and spice oils as Japan is a significant market for such products. Japan still accounts for limited quantitiescardamom going from Kerala , a Spices Board official said. Kerala's rubber traders would like to see the fall in the commodity prices as a temporphenomenon. Prices have crashed following speculation that production at auto plants in Japan would be hit.

The price of sugar could shoot up once again, this time on account of the government, with the Finance Bill proposing to omit the commodity from Schedule of Additional Duties of excise (goods and Special Importance) Act, 1957. The change, which will come into effect on enactment of the FinanBill, will empower state governments to impose VAT on sugar at a maximum 5% rate, in addition to the existing excise duty. Currently, that stands at38/qtl for levy sugar and Rs 71/qtl for free sale sugar, the level at which it has remained since 2006. An exercised sugar industry has now written to fominister Thomas and the finance ministry urging that the provision be withdrawn at the earliest. "We'll have to pass on the hike in price on account of


7/7

VAT, which is different for different states, to the consumer at a time when the market price is already much lower than the production price," IndSugar Mills Association (ISMA) director general A Verma told. According to ISMA , if states choose to levy the maximum of 5% VAT on sugar in additionthe existing excise duty, the total levy (excise plus VAT) on free sale sugar (on an assumed price of Rs 3000/qtl) could be as high as Rs 221/qtl. Of tVAT alone could total up to Rs 150/qtl.

Cotton output in India, the worlds second-largest producer, may rise to a record for a second straight year as a rally in prices spurs farmers to boplanting, traders said. Output could reach 40 million bales in the 2011-2012 season, said Parth Mehta, joint managing director of Bhadresh Trading Cothe nations top cotton exporter. India will produce its biggest ever crop in the current season that began October 1, according to a Cotton Advisory Boestimate. Cotton futures surged 92 per cent in 2010, the biggest gain since 1973. The fibre is the top-performing commodity on the S&P GSCI CommodIndex in the past 12 months, ahead of silver and coffee. Prices slumped by the exchange limit of seven cents to $1.9 yesterday on signs demand frChina may ease. Production in India is forecast to rise to 31.2 million bales in the current season, the Cotton Advisory Board predicted in February. Tcompares with 29.5 million bales last year and the record 30.7 million bales set in the 2007-2008 season. Farmers sowed 11.16 million hectares of cot

this season, the biggest ever crop. The area planted with cotton in Pakistan, the fourth-biggest grower, may widen 10 per cent in the new seasoMuhammad Atif Dada, chairman of the Karachi Cotton Association, said at a conference in Dubai on Tuesday.

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Note:Buy at supports and sell at target. Support broken becomes resistance and a resistance broken becomes support. Always use Stop-loss never average loss makingpositions. This report is based on previous closing. levels may change based on next days opening price. Please register on the site for daily levels. Yahoo messengerid is for getting latest levels on your messenger. The call expires once the target is achieved or the stop-loss is hit. The calls given in this report are valid only for thecurrent day. A trader should understand that, he/she should not carry forward the trade, unless explicitly stated. Date Source: MCX, NCDEX, COMEX, NYMEX, andother Exchange.

Disclaimer: The calls made herein are for informational purpose and report contains only the viewpoints. We make no representation or warranty regarding thecorrectness, accuracy or completeness of any information, and is not responsible for errors of any kind though the information obtained from the sources, which isbelieved to be reliable. The information contained herein is strictly confidential and is meant for the intended recipients. Any alteration, transmission, photocopieddistribution in part or in whole or reproduction of any form of the information without prior consent of Kedia Commodities is prohibited. The information and data arederived from the source that are deemed to be reliable the above calls are based on the theory of Technical Analysis. Neither the company nor its employee isresponsible for the Profit (es) & loss (es) arising due to the trader(s). The commodities and derivatives discussed and opinions expressed in this report may not besuitable for all investors falling under different jurisdictions. All futures entail significant risk, which should be fully understood prior to trading. Consult your InvestmentAdvisor / Broker before making any investment. www.kediacommodity.com

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