Agri market trends and news for 03 sep

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Agri commodity tips include products like Chana, Pepper, Jeera, Soyabean, Soya Refined Oil, CastorSeed, Mentha Oil, Cotton, Turmeric, Cardamom, chilli, Barley. NCDEX traders also trade in physical market. Traders with less capital are delighted to trade in agri market. The volume is high for these products in the intraday market. We give the best levels for trading in agri market; most of our calls achieve their targets and give rich profit to the clients.

Transcript of Agri market trends and news for 03 sep

  • 1. Daily Newsletter- AGRI COMMODITY P 03 SEP. 2013
  • 2. 09200009266 Page 2 MARKET WRAP. Guar seed, Guar gum and castor seed: - Guar gum and Guar and castor seed hit upper circuit of 4% on Monday. Refined Oil:- NCDEX Refined Oil September contract is closed down by 1.24% on Monday. Soybean:- NCDEX Soybean October contract closed @3428 down by 1.21% on Monday. Open:3456 High:3485 Low:3390 Close:3428 Chana Down by 1.15% on weak demand: - NCDEX Chana September contract closed Down on Monday and registering Loss of 1.15% open: 3181 High: 3240 Low: 3154 Close: 3170 Jeera up 0.9% on rising export demand: - NCDEX Jeera unjha September contract is closed up by 3.71% on Monday. INTRADAY VIEW. Dhaniya Aug NCDEX: Consistent trades above 5600, expect the buying pressure to continue towards 5625/5785 levels Target-6125. Jeera Unjha (Sep.):-Jeera unjha for September contract may trade positive on Tuesday. Resistance:5190,5245.Support: 4955, 4825 NCDEX Chana September: - The trend in NCDEX Chana September contract is positive and further up-tick is expected in the near term. For intra-day, support for the commodity is seen at 3020 while 3250 is the resistance. Traders may buy around 3040 with the stop loss of 3020 for the target of 3240 NCDEX Castor seed (Sep.):-NCDEX Castor seed for September contract may trade negative on Tuesday Resistance:3800,3860 Support:3530, 3485 Soybean (Oct.) and Soy oil (Sep.):- 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, according to our analyst at theequicom.
  • 3. 09200009266 Page 3 DAILY MARKET UPDATE COMMODITY P.CLOSE LAST CLOSE NET CHANGE % CHANGE SOYABEAN (18OCT 2013 ) 3470.00 3428.00 -42.00 -1.21 REFINED SOYA OIL (20AUG2013) 703.00 694.50 -8.50 -1.21 DHANIYA (20AUG2013 ) 5728.00 5900.00 172.00 3.00 JEERA (20AUG2013 ) 13672.00 14180.00 508.00 3.72 TURMERIC (20AUG2013 ) 5232.00 5256.00 24.00 0.46 CHANA (20AUG2013 ) 3207.00 3170.00 -37.00 -1.15 GUARSEED (18OCT 2013 ) 5860.00 6100.00 240.00 4.10 GUARGUM (18OCT 2013 ) 16150.00 16800.00 650.00 4.02 CASTORSEED (20AUG2013 ) 3596.00 3740.00 144.00 4.00 RMSEED (20AUG2013 ) 3532.00 3560.00 28.00 0.79
  • 6. 09200009266 Page 6 CHANA (20 SEP.) CONSOLIDATE BUY ON DIPS TREND STRATEGY 3190 3285 RESISTANCE 3090 2980 SUPPORT
  • 7. 09200009266 Page 7 COMMODITY CONTRACT RESISTANCE SUPPORT TREND STRATAGEY JEERA UNJHA September R1:14300 R2:14590 S1: 13700 S2:13580 CONSOLIDATE BUY ON DIPS CASTORSEED September R1:3800 R2: 3885 S1:3470 S2:3390 UP TREND BUY ON DIPS GUARSEED October R1: 6535 R2: 6765 S1:5950 S2: 5735 UP TREND BUY ON DIPS REFINED OIL September R1: 715.00 R2:722.00 S1: 690.00 S2: 686.00 CONSOLIDATE BUY ON DIPS CHANA September R1: 3260 R2: 3320 S1:3025 S2: 2910 CONSOLIDATE BUY ON DIPS RMSEED September R1:3560 R2:3620 S1:3450 S2:3320 UP TREND BUY ON DIPS CHILLI September R1:5950 R2:6020 S1:5335 S2:5200 CONSOLIDATE SELL ON HIGH
  • 8. 09200009266 Page 8 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.