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DAILY AGRI REPORT BY EPIC RESEARCH-09 AUGUST 2012
1. DAILY AGRI REPORT
09TH AUGUST 2012
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2. HEADLINES
Turmeric futures down on profit-booking,
subdued demand:
Amid continued profit-booking by speculators after
recent gains and subdued spot demand, turmeric
futures prices today fell by 3.97 per cent to Rs 6,092
per quintal. At the National Commodity and
Derivatives Exchange, turmeric for delivery in August
fell sharply by Rs 205, or 3.97 per cent, to Rs 6,092 per
Trading tip:
quintal, with an open interest of 23,715 lots.
Sell Chana below Cardamom futures dip 4 pc on profit-booking:
Cardamom futures prices plunged by 4 per cent to hit
4820 for target lower circuit at Rs 1,185.20 per kg in futures trade
today as speculators booked profits after recent gains
4780/4730
amid fall in demand in the spot market. the spice for
Stop Loss 4860 delivery in September fell by Rs 25.80, or 2.08 per cent,
to Rs 1,214.70 per kg, with a business turnover of 967
Previous lots.
Performance EXPERT OPINION
Sell Dhaniya below
STOCK S1 S2 R1 R2
5080 for target CHANA 4815 4780 4890 4925
5020/4960 RM SEED 4295 4260 4365 4390
Stop Loss 5150 SOYABEAN 3795 3755 3875 3920
JEERA 15995 15920 16130 16190
Target achieved
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