Professional Documents
Culture Documents
19 FEB.2014
Analyst speaks:-
www.TheEquicom.com 0731-6770000
Page 1
MARKET WRAP
NCDEX Guarseed down by more than 1.50% on weak demand:NCDEX Guarseed March contract closed down on Tuesday and registering loss of 1.81% Open:4990,High:5000,Low:4850 ,Close:4890. NCDEX Dhaniya up by 1.51% on strong demand:-NCDEX Dhaniya April contract is closed up by 1.51% on Tuesday. NCDEX Soya Refined Oil: - NCDEX Soya Refined Oil March contract is closed up by 0.79% on Tuesday.
www.TheEquicom.com 0731-6770000
Page 2
COMMODITY
P.CLOSE
LAST CLOSE
3954.00
3977.00
23.00
0.58
692.50
698.10
5.60
0.81
8956.00
9080.00
124.00
1.38
11545.00
11582.00
37.00
0.32
7244.00
7326.00
82.00
1.13
3034.00
3024.00
-10.00
-0.33
4985.00
4890.00
-95.00
-1.91
13450.00
13320.00
-130.00
-0.97
CASTORSEED(20 Mar.2013)
4152.00
4170.00
18.00
0.43
3372.00
3380.00
8.00
0.24
www.TheEquicom.com 0731-6770000
Page 3
INTRADAY VIEW
`
Chana (Apr.)- Technically, the trend in NCDEX Chana April delivery looks positive and further upside is expected from current levels. Resistance: 3085.3155 Support: 2975, 2925.
NCDEX Turmeric (Apr.):-NCDEX Turmeric for April contract may trade positive on next trading session. Resistance: 7420, 7550 Support: 6940, 6820. Expect further up-tick in Dhaniya prices (Apr.):- Technically, the trend in NCDEX Dhaniya April delivery looks positive and further up-tick is expected for near term. Support is seen at 8910 while resistance is seen at 9460 level. Traders may buy around 8950 with the stop loss of 8900 for the target of 9450, according to our analyst TheEquicom
Soybean (Mar.) and Soy Oil (Mar.):- soybean and soy oil futures are exhibiting negative sentiments due to profit booking at higher levels. However, both commodities are expected to remain positive for near term by marriage season demand, according to our analyst at TheEquicom.
www.TheEquicom.com 0731-6770000
Page 4
TECHNICAL OUTLOOK `
SUPPORT
www.TheEquicom.com 0731-6770000
Page 5
www.TheEquicom.com 0731-6770000
Page 6
SUPPORT
www.TheEquicom.com 0731-6770000
Page 7
SUPPORT
www.TheEquicom.com 0731-6770000
Page 8
SUPPORT RESISTANCE
`
CONTRACT March
TREND
STRATAGEY
CASTORSEED
March
R1:4930 R2:4995
GUARSEED
March
REFINED OIL
March
CHANA
April
RMSEED
April
R1:3435 R2:3565
TURMERIC
April
R1:7560 R2:7760
www.TheEquicom.com 0731-6770000
Page 9
Disclaimer
The information and views in this report, our website & all the service we provide are believed to be reliable, but we do not accept any responsibility (or liability) for errors of fact or opinion. Users have the right to choose the product/s that suits them the most. Sincere efforts have been made to present the right investment perspective. The information contained herein is based on analysis and up on sources that we consider reliable. This material is for personal information and based upon it & takes no responsibility The information given herein should be treated as only factor, while making investment decision. The report does not provide individually tailor-made investment advice. TheEquicom recommends that investors independently evaluate particular investments and strategies, and encourages investors to seek the advice of a financial adviser. TheEquicom shall not be responsible for any transaction conducted based on the information given in this report, which is in violation of rules and regulations of NCDEX. The commodity price projections shown are not necessarily indicative of future price performance. The information herein, together with all estimates and forecasts, can change without notice. Analyst or any person related to TheEquicom might be holding positions in the stocks recommended. It is understood that anyone who is browsing through the site has done so at his free will and does not read any views expressed as a recommendation for which either the site or its owners or anyone can be held responsible for . Any surfing and reading of the information is the acceptance of this disclaimer. All Rights Reserved. Investment in Commodity and equity market has its own risks. We, however, do not vouch for the accuracy or the completeness thereof. we are not responsible for any loss incurred whatsoever for any financial profits or loss which JULY arise from the recommendations above. TheEquicom does not purport to be an invitation or an offer to buy or sell any financial instrument. Our Clients (Paid Or Unpaid), Any third party or anyone else have no rights to forward or share our calls or SMS or Report or Any Information Provided by us to/with anyone which is received directly or indirectly by them. If found so then Serious Legal Actions can be taken.
www.TheEquicom.com 0731-6770000
Page 10