Commodities Daily Technical Report

Tuesday| November 6, 2012

Agricultural Commodities

Content
Technical Levels Strategy/Recommendations

Anuj Choudhary Research Analyst

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| November 6, 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 Dec Dec Dec Dec Dec Nov Sideways Down Up Up Sideways Sideways 14780 41800 5076 5045 4585 777 14920 42050 5126 5088 4624 784 15067.50 42305 5180 5128 4669 796.50 15215 42550 5252 5180 4735 808 15410 42800 5310 5230 4782 821

Oilseed Complex
Soybean Mustard Seed Ref Soy Oil CPO Castor seed NCDEX NCDEX NCDEX MCX NCDEX Dec Dec Dec Nov Dec Sideways Sideways Sideways Sideways Up 3255 4100 655 417 3545 3295 4148 661 423 3580 3336.50 4191 668.50 429.70 3612 3365 4235 675 434 3663 3398 4270 681 440 3715

Others
Chana Sugar Kapas Kapas Cotton Cotton Oilseed Cake Gur Wheat Maize Barley Mentha Potato NCDEX NCDEX NCDEX MCX MCX NCDEX NCDEX NCDEX NCDEX NCDEX MCX MCX Dec Dec April 2013 April 2013 Nov Dec Dec Dec Dec Dec Nov Mar Sideways Sideways Down Down Sideways Up Up Up Up Sideways Up Down 4258 3285 942 940 15770 1429 1076 1560 1318 1333 1176 722 4295 3300 956 952 15920 1445 1082 1573 1330 1340 1186 728 4338 3321 967 965.60 16050 1463 1092 1582 1340 1349 1195.30 733.20 4380 3337 978 976 16180 1482 1101 1595 1358 1361 1208 737 4427 3353 991 989 16290 1500 1112 1608 1376 1372 1222 742

Recommendations
Pepper NCDEX December Contract

Recommendations
Mentha Oil MCX November Contract

On the daily Chart, Pepper prices closed below its 10 & 20 day EMA (Exponential Moving Average) which indicates bearish market sentiments. RSI is also moving southwards, which indicates further downside. Intraday Strategy: Sell NCDEX December Pepper between 42520-42550, SL-42820, Target- 42100/41800.

On the daily Chart, Mentha oil prices closed above its 10 & 20 day EMA (Exponential Moving Average) which indicates bullish market sentiments. MACD is in the positive territory, which indicates further upside. Intraday Strategy: Buy MCX November Mentha oil between 1186-1188, SL-1174.50, Target- 1206/1222.

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