ncdex newsletter by the equicom financial research pvt. ltd. 21may2013

7
Daily Newsletter- AGRI COMMODITY 21 MAY 201 3

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Page 1: Ncdex newsletter by the equicom financial research pvt. ltd. 21may2013

Daily Newsletter- AGRI COMMODITY

21 MAY 2013

Page 2: Ncdex newsletter by the equicom financial research pvt. ltd. 21may2013

MARKET WRAP

� Turmeric hits lower circuit due to sluggish demand against adequate supply.

� Dhaniya decline by 1.94 % @ 6559.

� Pepper witnessed down 1.5% @ 35495 on adequate stocks.

Dhaniya headed further south closing with loss of more than a 1.5% on account of

adequate stocks in the domestic markets. Turmeric closed at 2% lower circuit and may

show down side movement in tomorrow. Pepper down 2.60 % @ 34500 and may show

negative movement in tomorrow.

DAILY MARKET UPDATE:-

COMMODITY P.CLOSE LAST CLOSE NET CHANGE % CHANGE

SOYABEAN ( 20JUNE2013 ) 3896.50 3920.00 23.50 0.60

REFINED SOYA OIL (20JUNE2013 ) 698.90 700.00 1.10 0.10

DHANIYA ( 20JUNE2013 ) 6689.00 6559.00 -130.00 -1.94

JEERA ( 20JUNE2013 ) 13125.00 13077.50 -47.50 -0.36

TURMERIC ( 20JUNE2013 ) 5980.00 5950.00 -30.00 -0.50

CHANA ( 20JUNE2013 ) 3387.00 3389.00 2.00 0.00

GUARSEED ( 20JUNE2013 ) 9330.00 9310.00 -20.00 -0.21

GUARGUM ( 20JUNE2013 ) 28200.00 28350.00 150.00 0.50

PEPPER ( 20JUNE2013 ) 35420.00 34500.00 -920.00 -2.60

RMSEED ( 20JUNE2013 ) 3519.00 3505.00 -14.00 -0.40

Page 3: Ncdex newsletter by the equicom financial research pvt. ltd. 21may2013

TECHNICAL VIEW

CHANA (JUNE)

• CONSOLIDATE

• SELL ON HIGHS

TREND

STRATEGY

• 3430

• 3470RESISTANCE

• 3370

• 3350SUPPORT

Page 4: Ncdex newsletter by the equicom financial research pvt. ltd. 21may2013

TURMERIC (JUNE)

• CONSOLIDATE

• SELL ON HIGHS

TREND

STRATEGY

• 6220

• 6260RESISTANCE

• 5740

• 5660SUPPORT

Page 5: Ncdex newsletter by the equicom financial research pvt. ltd. 21may2013

SOYABEAN (JUNE)

• CONSOLIDATE

• BUY ON DIPS

TREND

STRATEGY

• 3970

• 3980RESISTANCE

• 3850

• 3830SUPPORT

Page 6: Ncdex newsletter by the equicom financial research pvt. ltd. 21may2013

RMSEED (JUNE)

• CONSOLIDATE

• BUY ON DIPS

TREND

STRATEGY

• 3550

• 3560RESISTANCE

• 3490

• 3480SUPPORT

Page 7: Ncdex newsletter by the equicom financial research pvt. ltd. 21may2013

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