Commodities Daily Technical Report

Tuesday | August 28, 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

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Commodities Daily Technical Report

Tuesday | August 28, 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 Down Sideways Sideways Down Down Down 14250 41250 5850 5135 4055 870 14370 41430 5920 5205 4120 885 14550 41795 5986 5298 4203 900.90 14700 42050 6054 5355 4270 912 14850 42300 6120 5400 4340 925

Oilseed Complex
Soybean Mustard Seed Ref Soy Oil CPO Castor seed NCDEX NCDEX NCDEX MCX NCDEX Oct Sept Sept Sept Sept Sideways Sideways Sideways Up Down 3940 4400 792 562 4015 3973 4435 796 565 4090 4008 4470 801.25 569.30 4158 4050 4495 806 572 4220 4083 4525 810 575 4265

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 Sept Down Down Down Sideways Down Sideways Down Down Sideways 4485 3370 1070 1565 1133 1543 1057 1126 1308 4540 3390 1080 1588 1142 1564 1068 1138 1320 4595 3419 1100.50 1602 1155.50 1585 1081.80 1152.50 1335.50 4640 3442 1110 1621 1168 1605 1095 1163 1344 4685 3463 1118 1634 1179 1623 1106 1176 1355

Recommendations
Jeera NCDEX September Contract

Recommendations
Kapas NCDEX April Contract

On the daily Chart, Jeera prices closed below its 10 & 20 day EMA (Exponential Moving Average) which indicates bearish market sentiments. MACD is in negative territory, which indicates further downside.

On the daily Chart, Kapas prices closed below its 10 & 20 day EMA (Exponential Moving Average) which indicates bearish market sentiments.

Intraday Strategy: Sell NCDEX September Jeera between 14650-14700, SL-14900, Target-14300/14200.

Intraday Strategy: Sell NCDEX April Kapas between 1102 1104, SL-1118, Target-1080/1070.

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