Agri ncdex report30 apri 2013

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Daily Newsletter- AGRI COMMODITY 30 APRIL 201 3

description

Daily and Weekly newsletter for NCDEX market.

Transcript of Agri ncdex report30 apri 2013

Page 1: Agri ncdex report30 apri 2013

Daily Newsletter- AGRI COMMODITY

30 APRIL 2013

Page 2: Agri ncdex report30 apri 2013

MARKET WRAP

� Soyabean crashed 2.77 % @ 3877 but refined soya oil up 0.08 %.

� Dhaniya up 2.23% on concerns of higher demand in market.

� Chana witnessed a fall of nearly 1.84 % on adequate stocks.

Turmeric up 0.82% due to increasing demand in market. Black pepper to surge on tight supply.Soyabean crashed due to high selling pressure after the increase in margin requirements for the commodity..Chana continue uptrend on weak production prospect.. Jeera remains weak due to continuous supply of the commodity in domestic markets.

DAILY MARKET UPDATE:-

COMMODITY P.CLOSE LAST CLOSE NET CHANGE % CHANGE

SOYABEAN ( 20MAY2013 ) 3987.50 3877.00 -110.50 -2.77

REFINED SOYOIL ( 20MAY2013 ) 720.45 721.00 0.55 0.08

DHANIYA ( 20MAY2013 ) 6822.00 6974.00 152.00 2.23

JEERA ( 20MAY2013 ) 12800.00 12800.00 0.00 0.00

TURMERIC ( 20MAY2013 ) 6334.00 6386.00 52.00 0.82

CHANA ( 20MAY2013 ) 3470.00 3406.00 -64.00 -1.84

PEPPER ( 20MAY2013 ) 35345.00 35385.00 40.00 0.11

RMSEED ( 20MAY2013 ) 3490.00 3453.00 -37.00 -1.06

CASTORSEED ( 20MAY2013 ) 3338.00 3277.00 -61.00 -1.83

COCUD ( 20MAY2013 ) 1401.00 1392.00 -9.00 -0.64

Page 3: Agri ncdex report30 apri 2013

TECHNICAL VIEW

CHANA (MAY)

• BEARISH

• SELL ON HIGHS

TREND

STRATEGY

• 3530

• 3560RESISTANCE

• 3400

• 3360SUPPORT

Page 4: Agri ncdex report30 apri 2013

TURMERIC (MAY)

• CONSOLIDATE

• BUY ON DIPS

TREND

STRATEGY

• 6490

• 6570RESISTANCE

• 6240

• 6130SUPPORT

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SOYABEAN (MAY)

• CONSOLIDATE

• SELL ON HIGH

TREND

STRATEGY

• 4070

• 4130RESISTANCE

• 3780

• 3690SUPPORT

Page 6: Agri ncdex report30 apri 2013

RMSEED (MAY)

• CONSOLIDATE

• SELL ON HIGH

TREND

STRATEGY

• 3530

• 3560RESISTANCE

• 3440

• 3410SUPPORT

Page 7: Agri ncdex report30 apri 2013

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