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DAILY AGRI REPORT BY EPIC RESEARCH- 29 DECEMBER 2012
1. DAILY AGRI REPORT
29TH DECEMBER 2012
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2. HEADLINES
Chana falls on sowing hopes.
Chana futures fell, weighed by likelihood of higher imports and
hopes of higher output from an expected increase in acreage.
India's efforts to encourage farmers to plant pulses, used in
staple dishes like dal, will still leave output short of demand in
the year to March 2013, a poll of importers and traders
showed, pushing imports up 7 per cent and adding to inflation
Trading tip: Jeera futures rise 1.16 pc on pick up in demand
Jeera prices rose sharply by 1.16 percent per quintal in futures
Buy Turmeric Apr
market as speculators built-up huge positions on the back of
Below 6620 rising demand in domestic spot markets. However, ongoing
sowing operations in the leading cultivating states, capped the
TGTS-6640/6670 gains. At the National Commodity and Derivatives Exchange,
jeera for delivery in April rose by Rs 172.50, or 1.16 per cent
SL- 6600
per quintal with an open interest of 2,721 lots.
EXPERT OPINION
Sell Dhaniya Jan
STOCK S1 S2 R1 R2
Below 5160
CHANA 3769 3721 3864 3912
TGTS-5140/5120 RM SEED 4120 4069 4223 4269
SOYABEAN
SL-5182 3181 3140 3278 3333
JEERA 14684 14424 15040 15212
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