Commodities Daily Technical Report

Saturday | August 25, 2012

Agricultural Commodities

Content
Technical Levels Strategy/Recommendations

Anuj Choudhary Research Associate

anuj.choudhary@angelbroking.com
(022) 2921 2000 Extn. 6132

Angel Commodities Broking Pvt. Ltd. Registered Office: G-1, Ackruti Trade Centre, Rd. No. 7, MIDC, Andheri (E), Mumbai - 400 093. Corporate Office: 6th Floor, Ackruti Star, MIDC, Andheri (E), Mumbai - 400 093. Tel: (022) 2921 2000 MCX Member ID: 12685 / FMC Regn No: MCX / TCM / CORP / 0037 NCDEX : Member ID 00220 / FMC Regn No: NCDEX / TCM / CORP / 0302

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Commodities Daily Technical Report

Saturday | August 25, 2012

Agricultural Commodities
Technical Levels
Commodity Exchange Contract Trend S2 S1 LTP R1 R2

Spice Complex
Jeera Pepper Turmeric Chilli Coriander Cardamom NCDEX NCDEX NCDEX NCDEX NCDEX MCX Sept Sept Sept Sept Sept Sept Sideways Down Sideways Down Down Down 15200 40800 5730 5420 4380 938 15325 41050 5780 5480 4425 950 15530 41350 5844 5548 4492 971.30 15680 41520 5900 5610 4525 992 15820 41820 5950 5680 4590 1008

Oilseed Complex
Soybean Mustard Seed Ref Soy Oil CPO Castor seed NCDEX NCDEX NCDEX MCX NCDEX Oct Sept Sept Sept Sept Up Up Up Up Sideways 3975 4420 803 562 4380 4000 4445 806 565 4425 4026.50 4471 808.45 567.80 4492 4060 4500 813 572 4550 4090 4525 816 575 4610

Others
Chana Sugar Kapas Cotton Oilseed Cake Gur Wheat Potato Potato Mentha NCDEX NCDEX NCDEX NCDEX NCDEX NCDEX NCDEX MCX MCX Sept Sept April 2013 Sept Sept Sept Sept Sept Aug Sideways Sideways Up Up Down Sideways Down Down Sideways 4680 3395 1119 1610 1150 1540 1105 1158 1298 4715 3410 1132 1623 1157 1560 1120 1170 1310 4778 3433 1145 1637 1168.50 1586 1135.10 1188.20 1322.20 4805 3455 1156 1650 1176 1600 1145 1200 1338 4825 3475 1172 1665 1185 1620 1165 1212 1355

Recommendations
Kapas NCDEX April Contract

Recommendations
Soybean NCDEX October Contract

On the daily Chart, Kapas prices closed above its 10 & 20 day EMA (Exponential Moving Average) which indicates bullish market sentiments.

On the daily Chart, Soybean prices closed above its 10 & 20 day EMA (Exponential Moving Average) which indicates bullish market sentiments.

Intraday Strategy: Buy NCDEX April Kapas between 11321133, SL-1118, Target-1155/1170.

Intraday Strategy: Buy NCDEX October Soybean between 4000-4003, SL-3972, Target-4055/4085.

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