Commodities Daily Technical Report

Saturday| March 09, 2013

Agricultural Commodities

Content
Technical Levels Strategy/Recommendations

Dhanik Shah Sr. Technical Analyst

Dhanik.Shah@angelbroking.com
(022) 2921 2000 Extn. 6129

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| March 09, 2013

Agricultural Commodities
Technical Levels
Commodity Exchange NCDEX NCDEX NCDEX NCDEX NCDEX MCX Contract April April April April April March Trend Up Down Up Up Sideways Sideways S2 13110 33390 6420 6670 6390 850 S1 13240 33750 6550 6720 6450 862 LTP 13307.50 34105 6680 6794 6499 879.90 R1 13480 34620 6740 6840 6575 890 R2 13600 34900 6860 6900 6650 905

Spice Complex
Jeera Pepper Turmeric Chilli Coriander Cardamom

Oil Complex
Soybean Mustard Seed Ref Soy Oil CPO Castor seed NCDEX NCDEX NCDEX MCX NCDEX April April April March April Up Up Down Down Up 3400 3390 673 451 3780 3430 3415 675 454 3800 3493 3450 678.95 457.10 3830 3520 3465 681 461 3845 3565 3485 684 464 3870

Others
Chana Sugar Kapas Cotton Cotton Oilseed Cake Gur Wheat Maize Barley Mentha Potato NCDEX NCDEX NCDEX MCX NCDEX NCDEX NCDEX NCDEX NCDEX MCX MCX April April April March April July April April April March March Up Up Sideways Up Sideways Up Sideways Up Up Down Down 3325 3040 950 18470 1460 1305 1395 1300 1370 1220 768 3360 3060 960 18560 1470 1312 1405 1310 1385 1230 777 3392 3081 970 18640 1480 1316.50 1415 1315 1402.50 1237.50 787.40 3415 3100 975 18740 1490 1322 1430 1326 1410 1250 805 3430 3120 985 18800 1500 1326 1440 1335 1420 1266 815

Recommendations NCDEX Jeera April Contract

NCDEX Castor Seed April Contract

On the daily chart, price rallied sharply closing breaching the down trend line and closing above 20 EMA. MACD turned positive. Intraday Strategy: Buy NCDEX Jeera April between 13220 13250, SL 13010, Target 13550

On the daily chart, price gave a follow through after completing an morning star pattern 2 sessions back. In addition, price is trading above 20 EMA and MACD is positive. Intraday Strategy: Buy NCDEX Castor Seed April between 38003805, SL 3738, Target - 3895

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