SlideShare a Scribd company logo
1 of 6
Download to read offline
DAILY AGRI REPORT
4-AUG-2014
NCDEX DAILY Newsletter 4
AGRI COMMODITY DAILY WRAP UP…..!!!!
CHANA FUTURE
Chana futures traded on a negative note on long liquidation. Revival of monsoon and a sharp increase in the sowing of kharif
pulses kept prices under downside pressure and settled 2.33% lower. Prices gained earlier this month on demand from the millers
coupled with festive demand and declining arrival pressure.
SOYABEAN FUTURE
Soybean futures opened higher on short coverings at lower levels coupled with tight supplies of the old crop. However, a pickup in
the sowing of soybeans and revival of monsoon capped the upside and settled 0.14% higher. The spot continued to remain weak
and declined 2.46%.
CORIANDER FUTURE
Coriander futures are seen trading higher on reports of limited arrivals in the domestic market. On Wednesday, total arrivals of
coriander in major spot markets in Rajasthan were around 11000 bag . However, reports of crop damage in Romania and
negligible stock in domestic market may keep coriander prices higher. Projected decline in coriander production in Indiacompared
to last year might too push up coriander prices.
JEERA FUTURE
Jeera futures declined for the third straight session on weak demand as buyers are waiting for lower levels to initiate fresh buying.
Record output and huge carryover stocks also added to the downside pressure and settled 0.84% lower. Geo-political tensions in
Syria and Turkey have led to a supply crunch in the global markets raising supply concerns from the two major exporting
countries. Export orders are diverted to India. Production is also expected to fall in Syria and Turkey due to crop failure
SUGAR FUTURE
Sugar futures are expected to trade on a mixed note with a negative bias. Higher supplies and lack of fresh export orders may keep
prices under downside pressure. However, festive demand is expected to emerge at lower levels, thus, lending support to the falling
prices.
2 | P a g e
WWW.EPICRESEARCH.CO
CALL: +917316642300
NCDEX DAILY Newsletter 4
NCDEX DAILY TECHNICAL LEVELS
DHANIYA HOURLY CANDLESTICK CHART
Dhaniya Aug chart trend is bullish, Momentum Indicator RSI is above mid range, expecting price may go up
Immediate support @ 11865 & Immediate resistance @ 11940.
R2-12064 R1-11988 PP-11860 S1-11784 S2-11656
TRADING STRATEGY:
BUY DHANIYA AUG ABOVE 11940 TGTS 11970,12020 SL 11890
SELL DHANIYA AUG BELOW 11865 TGTS 11835,11785 SL 11915
3 | P a g e
WWW.EPICRESEARCH.CO
CALL: +917316642300
NCDEX DAILY Newsletter 4
NCDEX DAILY TECHNICAL LEVELS
GUARSEED HOURLY CANDLESTICK CHART
In Guarseed chart, Price is in support level, expecting from here onwards guarseed price may go Down
Momentum indicators RSI is below mid range. In intraday basis immediate support @ 4985 & immediate resistance @ 5040.
R2-5190 R1-5100 PP-5025 S1-4935 S2-4860
TRADING STRATEGY:
BUY GUARSEED AUG ABOVE 5040 TGTS 5070,5120 SL 4990
SELL GUARSEED AUG BELOW 4985 TGTS 4955,4905 SL 5035
4 | P a g e
WWW.EPICRESEARCH.CO
CALL: +917316642300
NCDEX DAILY Newsletter 4
DISCLAIMER
The information and views in this report, our website & all the service we provide are believed to be reliable, but we do not accept any
responsibility (or liability) for errors of fact or opinion. Users have the right to choose the product/s that suits them the most.
Sincere efforts have been made to present the right investment perspective. The information contained herein is based on analysis and
up on sources that we consider reliable.
This material is for personal information and based upon it & takes no responsibility
The information given herein should be treated as only factor, while making investment decision. The report does not provide individually
tailor-made investment advice. Epic research recommends that investors independently evaluate particular investments and strategies,
and encourages investors to seek the advice of a financial adviser. Epic research shall not be responsible for any transaction conducted
based on the information given in this report, which is in violation of rules and regulations of NSE and BSE.
The share price projections shown are not necessarily indicative of future price performance. The information herein, together with all
estimates and forecasts, can change without notice. Analyst or any person related to epic research might be holding positions in the
stocks recommended. It is understood that anyone who is browsing through the site has done so at his free will and does not read any
views expressed as a recommendation for which either the site or its owners or anyone can be held responsible for . Any surfing
and reading of the information is the acceptance of this disclaimer.
All Rights Reserved.
Investment in equity & bullion market has its own risks.
We, however, do not vouch for the accuracy or the completeness thereof. we are not responsible for any loss incurred whatsoever for
any financial profits or loss which may arise from the recommendations above epic research does not purport to be an invitation or
an offer to buy or sell any financial instrument. Our Clients (Paid or Unpaid), Any third party or anyone else have no rights to forward or
share our calls or SMS or Report or Any Information Provided by us to/with anyone which is received directly or indirectly by them. If
found so then Serious Legal Actions can be taken.
5 | P a g e
WWW.EPICRESEARCH.CO
CALL: +917316642300
NCDEX DAILY Newsletter 4
CONTACT US:
WWW.EPICRESEARCH.CO
Epic Research Private Limited Corporate Office
411 Milinda Manor (Suites 409 - 417)
2 RNT MargOpp Central Mall
Indore (M.P.)
Hotline: +91 731 664 2300 / 2427 / 2230
+91 97521 99966
Or give us a missed call at 026 5309 0639
6 | P a g e
WWW.EPICRESEARCH.CO
CALL: +917316642300

More Related Content

Viewers also liked

New Home Construction Process in Fredericksburg, VA
New Home Construction Process in Fredericksburg, VANew Home Construction Process in Fredericksburg, VA
New Home Construction Process in Fredericksburg, VAMatthew Rathbun
 
Horeca & Leisure "Het internationale succes van de Keukenhof"
Horeca & Leisure "Het internationale succes van de Keukenhof"Horeca & Leisure "Het internationale succes van de Keukenhof"
Horeca & Leisure "Het internationale succes van de Keukenhof"Kamer van Koophandel
 
Document elaborat per Conxita Mayós
Document elaborat per Conxita MayósDocument elaborat per Conxita Mayós
Document elaborat per Conxita MayósÀngels Miret Rial
 
Презентация "Дышим правильно, говорим легко - болеем мало".
Презентация "Дышим правильно, говорим легко - болеем мало".Презентация "Дышим правильно, говорим легко - болеем мало".
Презентация "Дышим правильно, говорим легко - болеем мало".lenaa1
 
Malayalam vazhimariyapokkilkodibandhangal
Malayalam vazhimariyapokkilkodibandhangalMalayalam vazhimariyapokkilkodibandhangal
Malayalam vazhimariyapokkilkodibandhangalNarayanasamy Prasannam
 
Net Art: Data Hacking, Coding and Critical Thinking
Net Art: Data Hacking, Coding and Critical ThinkingNet Art: Data Hacking, Coding and Critical Thinking
Net Art: Data Hacking, Coding and Critical ThinkingAarhus University
 

Viewers also liked (12)

New Home Construction Process in Fredericksburg, VA
New Home Construction Process in Fredericksburg, VANew Home Construction Process in Fredericksburg, VA
New Home Construction Process in Fredericksburg, VA
 
2014
20142014
2014
 
15 - escolha de tipos
15 - escolha de tipos15 - escolha de tipos
15 - escolha de tipos
 
Mario
MarioMario
Mario
 
Horeca & Leisure "Het internationale succes van de Keukenhof"
Horeca & Leisure "Het internationale succes van de Keukenhof"Horeca & Leisure "Het internationale succes van de Keukenhof"
Horeca & Leisure "Het internationale succes van de Keukenhof"
 
Document elaborat per Conxita Mayós
Document elaborat per Conxita MayósDocument elaborat per Conxita Mayós
Document elaborat per Conxita Mayós
 
Redes Sociales
Redes SocialesRedes Sociales
Redes Sociales
 
Презентация "Дышим правильно, говорим легко - болеем мало".
Презентация "Дышим правильно, говорим легко - болеем мало".Презентация "Дышим правильно, говорим легко - болеем мало".
Презентация "Дышим правильно, говорим легко - болеем мало".
 
Malayalam vazhimariyapokkilkodibandhangal
Malayalam vazhimariyapokkilkodibandhangalMalayalam vazhimariyapokkilkodibandhangal
Malayalam vazhimariyapokkilkodibandhangal
 
Farmacy s (drama)
Farmacy s (drama)Farmacy s (drama)
Farmacy s (drama)
 
Net Art: Data Hacking, Coding and Critical Thinking
Net Art: Data Hacking, Coding and Critical ThinkingNet Art: Data Hacking, Coding and Critical Thinking
Net Art: Data Hacking, Coding and Critical Thinking
 
Fisika xii ipa
Fisika xii ipaFisika xii ipa
Fisika xii ipa
 

Recently uploaded

Darshan Hiranandani [News About Next CEO].pdf
Darshan Hiranandani [News About Next CEO].pdfDarshan Hiranandani [News About Next CEO].pdf
Darshan Hiranandani [News About Next CEO].pdfShashank Mehta
 
Send Files | Sendbig.comSend Files | Sendbig.com
Send Files | Sendbig.comSend Files | Sendbig.comSend Files | Sendbig.comSend Files | Sendbig.com
Send Files | Sendbig.comSend Files | Sendbig.comSendBig4
 
Healthcare Feb. & Mar. Healthcare Newsletter
Healthcare Feb. & Mar. Healthcare NewsletterHealthcare Feb. & Mar. Healthcare Newsletter
Healthcare Feb. & Mar. Healthcare NewsletterJamesConcepcion7
 
WSMM Media and Entertainment Feb_March_Final.pdf
WSMM Media and Entertainment Feb_March_Final.pdfWSMM Media and Entertainment Feb_March_Final.pdf
WSMM Media and Entertainment Feb_March_Final.pdfJamesConcepcion7
 
WSMM Technology February.March Newsletter_vF.pdf
WSMM Technology February.March Newsletter_vF.pdfWSMM Technology February.March Newsletter_vF.pdf
WSMM Technology February.March Newsletter_vF.pdfJamesConcepcion7
 
NAB Show Exhibitor List 2024 - Exhibitors Data
NAB Show Exhibitor List 2024 - Exhibitors DataNAB Show Exhibitor List 2024 - Exhibitors Data
NAB Show Exhibitor List 2024 - Exhibitors DataExhibitors Data
 
Excvation Safety for safety officers reference
Excvation Safety for safety officers referenceExcvation Safety for safety officers reference
Excvation Safety for safety officers referencessuser2c065e
 
Planetary and Vedic Yagyas Bring Positive Impacts in Life
Planetary and Vedic Yagyas Bring Positive Impacts in LifePlanetary and Vedic Yagyas Bring Positive Impacts in Life
Planetary and Vedic Yagyas Bring Positive Impacts in LifeBhavana Pujan Kendra
 
Supercharge Your eCommerce Stores-acowebs
Supercharge Your eCommerce Stores-acowebsSupercharge Your eCommerce Stores-acowebs
Supercharge Your eCommerce Stores-acowebsGOKUL JS
 
How Generative AI Is Transforming Your Business | Byond Growth Insights | Apr...
How Generative AI Is Transforming Your Business | Byond Growth Insights | Apr...How Generative AI Is Transforming Your Business | Byond Growth Insights | Apr...
How Generative AI Is Transforming Your Business | Byond Growth Insights | Apr...Hector Del Castillo, CPM, CPMM
 
Jewish Resources in the Family Resource Centre
Jewish Resources in the Family Resource CentreJewish Resources in the Family Resource Centre
Jewish Resources in the Family Resource CentreNZSG
 
Fordham -How effective decision-making is within the IT department - Analysis...
Fordham -How effective decision-making is within the IT department - Analysis...Fordham -How effective decision-making is within the IT department - Analysis...
Fordham -How effective decision-making is within the IT department - Analysis...Peter Ward
 
Welding Electrode Making Machine By Deccan Dynamics
Welding Electrode Making Machine By Deccan DynamicsWelding Electrode Making Machine By Deccan Dynamics
Welding Electrode Making Machine By Deccan DynamicsIndiaMART InterMESH Limited
 
Onemonitar Android Spy App Features: Explore Advanced Monitoring Capabilities
Onemonitar Android Spy App Features: Explore Advanced Monitoring CapabilitiesOnemonitar Android Spy App Features: Explore Advanced Monitoring Capabilities
Onemonitar Android Spy App Features: Explore Advanced Monitoring CapabilitiesOne Monitar
 
20200128 Ethical by Design - Whitepaper.pdf
20200128 Ethical by Design - Whitepaper.pdf20200128 Ethical by Design - Whitepaper.pdf
20200128 Ethical by Design - Whitepaper.pdfChris Skinner
 
Driving Business Impact for PMs with Jon Harmer
Driving Business Impact for PMs with Jon HarmerDriving Business Impact for PMs with Jon Harmer
Driving Business Impact for PMs with Jon HarmerAggregage
 
Intermediate Accounting, Volume 2, 13th Canadian Edition by Donald E. Kieso t...
Intermediate Accounting, Volume 2, 13th Canadian Edition by Donald E. Kieso t...Intermediate Accounting, Volume 2, 13th Canadian Edition by Donald E. Kieso t...
Intermediate Accounting, Volume 2, 13th Canadian Edition by Donald E. Kieso t...ssuserf63bd7
 
Introducing the Analogic framework for business planning applications
Introducing the Analogic framework for business planning applicationsIntroducing the Analogic framework for business planning applications
Introducing the Analogic framework for business planning applicationsKnowledgeSeed
 
business environment micro environment macro environment.pptx
business environment micro environment macro environment.pptxbusiness environment micro environment macro environment.pptx
business environment micro environment macro environment.pptxShruti Mittal
 

Recently uploaded (20)

WAM Corporate Presentation April 12 2024.pdf
WAM Corporate Presentation April 12 2024.pdfWAM Corporate Presentation April 12 2024.pdf
WAM Corporate Presentation April 12 2024.pdf
 
Darshan Hiranandani [News About Next CEO].pdf
Darshan Hiranandani [News About Next CEO].pdfDarshan Hiranandani [News About Next CEO].pdf
Darshan Hiranandani [News About Next CEO].pdf
 
Send Files | Sendbig.comSend Files | Sendbig.com
Send Files | Sendbig.comSend Files | Sendbig.comSend Files | Sendbig.comSend Files | Sendbig.com
Send Files | Sendbig.comSend Files | Sendbig.com
 
Healthcare Feb. & Mar. Healthcare Newsletter
Healthcare Feb. & Mar. Healthcare NewsletterHealthcare Feb. & Mar. Healthcare Newsletter
Healthcare Feb. & Mar. Healthcare Newsletter
 
WSMM Media and Entertainment Feb_March_Final.pdf
WSMM Media and Entertainment Feb_March_Final.pdfWSMM Media and Entertainment Feb_March_Final.pdf
WSMM Media and Entertainment Feb_March_Final.pdf
 
WSMM Technology February.March Newsletter_vF.pdf
WSMM Technology February.March Newsletter_vF.pdfWSMM Technology February.March Newsletter_vF.pdf
WSMM Technology February.March Newsletter_vF.pdf
 
NAB Show Exhibitor List 2024 - Exhibitors Data
NAB Show Exhibitor List 2024 - Exhibitors DataNAB Show Exhibitor List 2024 - Exhibitors Data
NAB Show Exhibitor List 2024 - Exhibitors Data
 
Excvation Safety for safety officers reference
Excvation Safety for safety officers referenceExcvation Safety for safety officers reference
Excvation Safety for safety officers reference
 
Planetary and Vedic Yagyas Bring Positive Impacts in Life
Planetary and Vedic Yagyas Bring Positive Impacts in LifePlanetary and Vedic Yagyas Bring Positive Impacts in Life
Planetary and Vedic Yagyas Bring Positive Impacts in Life
 
Supercharge Your eCommerce Stores-acowebs
Supercharge Your eCommerce Stores-acowebsSupercharge Your eCommerce Stores-acowebs
Supercharge Your eCommerce Stores-acowebs
 
How Generative AI Is Transforming Your Business | Byond Growth Insights | Apr...
How Generative AI Is Transforming Your Business | Byond Growth Insights | Apr...How Generative AI Is Transforming Your Business | Byond Growth Insights | Apr...
How Generative AI Is Transforming Your Business | Byond Growth Insights | Apr...
 
Jewish Resources in the Family Resource Centre
Jewish Resources in the Family Resource CentreJewish Resources in the Family Resource Centre
Jewish Resources in the Family Resource Centre
 
Fordham -How effective decision-making is within the IT department - Analysis...
Fordham -How effective decision-making is within the IT department - Analysis...Fordham -How effective decision-making is within the IT department - Analysis...
Fordham -How effective decision-making is within the IT department - Analysis...
 
Welding Electrode Making Machine By Deccan Dynamics
Welding Electrode Making Machine By Deccan DynamicsWelding Electrode Making Machine By Deccan Dynamics
Welding Electrode Making Machine By Deccan Dynamics
 
Onemonitar Android Spy App Features: Explore Advanced Monitoring Capabilities
Onemonitar Android Spy App Features: Explore Advanced Monitoring CapabilitiesOnemonitar Android Spy App Features: Explore Advanced Monitoring Capabilities
Onemonitar Android Spy App Features: Explore Advanced Monitoring Capabilities
 
20200128 Ethical by Design - Whitepaper.pdf
20200128 Ethical by Design - Whitepaper.pdf20200128 Ethical by Design - Whitepaper.pdf
20200128 Ethical by Design - Whitepaper.pdf
 
Driving Business Impact for PMs with Jon Harmer
Driving Business Impact for PMs with Jon HarmerDriving Business Impact for PMs with Jon Harmer
Driving Business Impact for PMs with Jon Harmer
 
Intermediate Accounting, Volume 2, 13th Canadian Edition by Donald E. Kieso t...
Intermediate Accounting, Volume 2, 13th Canadian Edition by Donald E. Kieso t...Intermediate Accounting, Volume 2, 13th Canadian Edition by Donald E. Kieso t...
Intermediate Accounting, Volume 2, 13th Canadian Edition by Donald E. Kieso t...
 
Introducing the Analogic framework for business planning applications
Introducing the Analogic framework for business planning applicationsIntroducing the Analogic framework for business planning applications
Introducing the Analogic framework for business planning applications
 
business environment micro environment macro environment.pptx
business environment micro environment macro environment.pptxbusiness environment micro environment macro environment.pptx
business environment micro environment macro environment.pptx
 

Daily agri report by epic research 04 aug 2014

  • 2. NCDEX DAILY Newsletter 4 AGRI COMMODITY DAILY WRAP UP…..!!!! CHANA FUTURE Chana futures traded on a negative note on long liquidation. Revival of monsoon and a sharp increase in the sowing of kharif pulses kept prices under downside pressure and settled 2.33% lower. Prices gained earlier this month on demand from the millers coupled with festive demand and declining arrival pressure. SOYABEAN FUTURE Soybean futures opened higher on short coverings at lower levels coupled with tight supplies of the old crop. However, a pickup in the sowing of soybeans and revival of monsoon capped the upside and settled 0.14% higher. The spot continued to remain weak and declined 2.46%. CORIANDER FUTURE Coriander futures are seen trading higher on reports of limited arrivals in the domestic market. On Wednesday, total arrivals of coriander in major spot markets in Rajasthan were around 11000 bag . However, reports of crop damage in Romania and negligible stock in domestic market may keep coriander prices higher. Projected decline in coriander production in Indiacompared to last year might too push up coriander prices. JEERA FUTURE Jeera futures declined for the third straight session on weak demand as buyers are waiting for lower levels to initiate fresh buying. Record output and huge carryover stocks also added to the downside pressure and settled 0.84% lower. Geo-political tensions in Syria and Turkey have led to a supply crunch in the global markets raising supply concerns from the two major exporting countries. Export orders are diverted to India. Production is also expected to fall in Syria and Turkey due to crop failure SUGAR FUTURE Sugar futures are expected to trade on a mixed note with a negative bias. Higher supplies and lack of fresh export orders may keep prices under downside pressure. However, festive demand is expected to emerge at lower levels, thus, lending support to the falling prices. 2 | P a g e WWW.EPICRESEARCH.CO CALL: +917316642300
  • 3. NCDEX DAILY Newsletter 4 NCDEX DAILY TECHNICAL LEVELS DHANIYA HOURLY CANDLESTICK CHART Dhaniya Aug chart trend is bullish, Momentum Indicator RSI is above mid range, expecting price may go up Immediate support @ 11865 & Immediate resistance @ 11940. R2-12064 R1-11988 PP-11860 S1-11784 S2-11656 TRADING STRATEGY: BUY DHANIYA AUG ABOVE 11940 TGTS 11970,12020 SL 11890 SELL DHANIYA AUG BELOW 11865 TGTS 11835,11785 SL 11915 3 | P a g e WWW.EPICRESEARCH.CO CALL: +917316642300
  • 4. NCDEX DAILY Newsletter 4 NCDEX DAILY TECHNICAL LEVELS GUARSEED HOURLY CANDLESTICK CHART In Guarseed chart, Price is in support level, expecting from here onwards guarseed price may go Down Momentum indicators RSI is below mid range. In intraday basis immediate support @ 4985 & immediate resistance @ 5040. R2-5190 R1-5100 PP-5025 S1-4935 S2-4860 TRADING STRATEGY: BUY GUARSEED AUG ABOVE 5040 TGTS 5070,5120 SL 4990 SELL GUARSEED AUG BELOW 4985 TGTS 4955,4905 SL 5035 4 | P a g e WWW.EPICRESEARCH.CO CALL: +917316642300
  • 5. NCDEX DAILY Newsletter 4 DISCLAIMER The information and views in this report, our website & all the service we provide are believed to be reliable, but we do not accept any responsibility (or liability) for errors of fact or opinion. Users have the right to choose the product/s that suits them the most. Sincere efforts have been made to present the right investment perspective. The information contained herein is based on analysis and up on sources that we consider reliable. This material is for personal information and based upon it & takes no responsibility The information given herein should be treated as only factor, while making investment decision. The report does not provide individually tailor-made investment advice. Epic research recommends that investors independently evaluate particular investments and strategies, and encourages investors to seek the advice of a financial adviser. Epic research shall not be responsible for any transaction conducted based on the information given in this report, which is in violation of rules and regulations of NSE and BSE. The share price projections shown are not necessarily indicative of future price performance. The information herein, together with all estimates and forecasts, can change without notice. Analyst or any person related to epic research might be holding positions in the stocks recommended. It is understood that anyone who is browsing through the site has done so at his free will and does not read any views expressed as a recommendation for which either the site or its owners or anyone can be held responsible for . Any surfing and reading of the information is the acceptance of this disclaimer. All Rights Reserved. Investment in equity & bullion market has its own risks. We, however, do not vouch for the accuracy or the completeness thereof. we are not responsible for any loss incurred whatsoever for any financial profits or loss which may arise from the recommendations above epic research does not purport to be an invitation or an offer to buy or sell any financial instrument. Our Clients (Paid or Unpaid), Any third party or anyone else have no rights to forward or share our calls or SMS or Report or Any Information Provided by us to/with anyone which is received directly or indirectly by them. If found so then Serious Legal Actions can be taken. 5 | P a g e WWW.EPICRESEARCH.CO CALL: +917316642300
  • 6. NCDEX DAILY Newsletter 4 CONTACT US: WWW.EPICRESEARCH.CO Epic Research Private Limited Corporate Office 411 Milinda Manor (Suites 409 - 417) 2 RNT MargOpp Central Mall Indore (M.P.) Hotline: +91 731 664 2300 / 2427 / 2230 +91 97521 99966 Or give us a missed call at 026 5309 0639 6 | P a g e WWW.EPICRESEARCH.CO CALL: +917316642300