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Commodities Daily Technical Report

Tuesday | August 14, 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

Disclaimer: The information and opinions contained in the document have been compiled from sources believed to be reliable. The company does not warrant its accuracy, completeness and correctness. The document is not, and should not be construed as an offer to sell or solicitation to buy any commodities. This document may not be reproduced, distributed or published, in whole or in part, by any recipient hereof for any purpose without prior permission from Angel Commodities Broking (P) Ltd. Your feedback is appreciated on commodities@angelbroking.com

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Commodities Daily Technical Report


Tuesday | August 14, 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 Sideways Sideways Down Down Sideways 15600 43600 5730 5540 4560 1178 15730 43900 5810 5610 4620 1195 15850 44155 5870 5680 4700 1209.30 16060 44450 5985 5710 4760 1230 16220 44680 6050 5760 4825 1245

Oilseed Complex
Soybean Mustard Seed Ref Soy Oil CPO Castor seed NCDEX NCDEX NCDEX MCX NCDEX Oct Sept Sept Sept Sept Sideways Sideways Sideways Sideways Down 3862 4320 779 541 4090 3920 4345 783 546 4140 3949.50 4375 786.50 550 4176 3990 4400 792 554 4235 4040 4430 796 560 4290

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 Up Sideways Sideways Up Down Sideways Down Down Sideways 4780 3425 1105 1650 1176 1350 1152 1195 1320 4835 3448 1115 1665 1184 1362 1165 1210 1330 4886 3480 1127.50 1690 1196.50 1370 1180.50 1224.30 1348.70 4925 3505 1140 1705 1203 1382 1194 1240 1365 4965 3525 1155 1725 1212 1400 1208 1255 1382

Recommendations
Pepper NCDEX September Contract

Recommendations
Chana NCDEX September Contract

On the daily Chart, Pepper prices closed above its 10 & 20 day EMA (Exponential Moving Average) which indicates bullish market sentiments. Intraday Strategy: Buy NCDEX September Pepper between 43900-43920, SL-43580, Target-44400/44650.

On the daily Chart, Chana prices closed above its 10 & 20 day EMA (Exponential Moving Average) which indicates bullish market sentiments. Intraday Strategy: Buy NCDEX September Chana between 4835-4840, SL-4778, Target-4920/4960.

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