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Commodities Daily Technical Report

Friday| March 01, 2013

Agricultural Commodities

Content
Technical Levels Strategy/Recommendations

Dhanik Shah Sr. Technical Analyst


Dhanik.Shah@angelbroking.com
(022) 2921 2000 Extn. 6129

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 Brok ing (P) Ltd. Your feedback is appreciated on commodities@angelbroking.com

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Commodities Daily Technical Report


Friday| March 01, 2013

Agricultural Commodities
Technical Levels
Commodity Exchange NCDEX NCDEX NCDEX NCDEX NCDEX MCX Contract March March April March April March Trend Sideways Up Down Down Down Down S2 12870 37150 6080 6290 6485 945 S1 12920 37390 6130 6370 6525 955 LTP 12990 37615 6174 6428 6566 965 R1 13030 37980 6220 6440 6600 975 R2 13100 38320 6250 6510 6635 985

Spice Complex
Jeera Pepper Turmeric Chilli Coriander Cardamom

Oil Complex
Soybean Mustard Seed Ref Soy Oil CPO Castor seed NCDEX NCDEX NCDEX MCX NCDEX March April March March March Up Down Down Down Up 3260 3345 668 444 3695 3290 3365 674 449 3725 3324.50 3388 680.85 455.50 3766 3340 3410 686 461 3815 3360 3435 692 467 3875

Others
Chana Sugar Kapas Cotton Cotton Oilseed Cake Gur Wheat Maize Barley Mentha Potato NCDEX NCDEX NCDEX MCX NCDEX NCDEX NCDEX NCDEX NCDEX MCX MCX April March April March March March March March April March Mar Down Down Up Up Up Sideways Up Up Up Down Down 3295 3000 990 18220 1445 1092 1505 1295 1370 1210 790 3315 3020 1000 18380 1456 1097 1515 1305 1390 1225 795 3334 3044 1006.50 18530 1469 1104 1524 1312 1400 1238.70 802.60 3360 3075 1015 18660 1480 1107 1530 1320 1420 1255 808 3390 3110 1025 18770 1490 1112 1540 1330 1440 1275 814

Recommendations NCDEX Chana March Contract

MCX CPO March Contract

On the daily chart, prices is trading below 20 EMA and MACD is negative. Price closed at contract low. Intraday Strategy: Sell NCDEX Chana April between 3345-3350, SL 3400, Target - 3270

On the daily chart, price made a long black bearish candle with same Open=High indicating bearishness. CPO closed below 20 EMA and MACD is in negative Intraday Strategy: Sell MCX CPO between 458-459, SL 464, Target - 450

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