Commodities Daily Technical Report

Thursday| March 28, 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

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Commodities Daily Technical Report

Thursday| March 28, 2013

Agricultural Commodities
Technical Levels
Commodity Exchange NCDEX NCDEX NCDEX NCDEX NCDEX MCX Contract April April April April April April Trend Sideways Sideways Down Down Down Down S2 12790 34970 6400 6520 6515 861 S1 12930 35190 6480 6570 6575 875 LTP 13017.50 35450 6544 6594 6675 889.60 R1 13150 35720 6600 6680 6720 900 R2 13240 36030 6640 6750 6800 910

Spice Complex
Jeera Pepper Turmeric Chilli Coriander Cardamom

Soybean Mustard Seed Ref Soy Oil CPO Castor seed

NCDEX NCDEX NCDEX MCX NCDEX

April April April March April

Up Up Up Up Down

3645 3420 688 454 3435

3710 3440 691 457 3475

3732 3458 693.85 459.70 3517

3775 3470 699 462 3545

3810 3490 702 465 3570

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 April April March April July April April April March April

Sideways Sideways Sideways Sideways Up Down Down Down Sideways Down Up

3310 2860 919 18440 1480 1298 1400 1305 1335 1050 922

3335 2885 930 18570 1490 1303 1410 1315 1345 1065 933

3357 2915 941.50 18650 1504 1310 1418 1321 1354.50 1081.70 941

3375 2935 950 18840 1515 1316 1425 1330 1365 1100 952

3390 2960 960 18970 1525 1324 1432 1340 1375 1120 964

Recommendations NCDEX Soybean April Contract

NCDEX Cocudakl April Contract

On the daily chart, price is trading above 20 EMA and MACD is positive. Price trading at contract high and made a long white candle with Open = Low and Close / High almost very close. Intraday Strategy: Buy NCDEX Soybean April between 3705-3710, SL 3645, Target - 3795

On the daily chart, price pierced through down trend line (in red) closing above it and above 20 EMA. Price made a long white candle indicating bullishness Intraday Strategy: Buy NCDEX Cocudakl April between 1490-1495, SL 1470, Target - 1525

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