Weekly agri report 26 may 2014 by epic research

WEEKLY AGRI REPORT

26-MAY-2014

NCDEX WEEKLY Newsletter 4)

AGRI COMMODITY WEEKLY WRAP UP…..!!!!

JEERA FUTURE

After the recent corrections in rates,arrivals fell in Unjha mandi at these lower levels. Traders expect Exports to pick up in coming weeks but a weak Dollar has been affecting the Export demand adversely. Again, reports of Govt likely to initiate steps to control price rise has kept market sentiments slight weak. With Exports expected toimprove in coming weeks, the Dollar/Re movement would be important for the Export realizations. A falling Dollar may limit the uptrend for the commodity rates despite higher Exports getting noted.

CHANA FUTURE

After the massive fall the earlier day,demand started picking up in the mandis at the lower levels and a fall in arrivals at these lower rates too supported the market sentiments, as a moderate recovery was noted for Chana. Reports of Govt thinking about steps to control Food Inflation are still preventing any strong uptrend for this commodity rates. Higher production in Pulses, better Monsoon reports and a weak Dollar too have kept sentiments slight weak.

TURMERIC FUTURE

Turmeric futures are seen down due to lack of strong demand for poor quality arrivals, coupled with huge carryover stocks. However, the downside in the yellow spice is likely to be limited on hopes of a rise in export enquiries. Meanwhile, during 2013-14 turmeric export performance have seen decline compared to previous year in terms of volume but higher earnings. As per the latest report from Andhra Pradesh Horticulture Department, production of turmeric in the state for this year is seen declining by 11 percent to 1.02 million tonnes, as against last year.

2 | P a g eWWW.EPICRESEARCH.CO

CALL: +917316642300


NCDEX WEEKLY TECHNICAL LEVELS

DHANIYA 4 HOURLY CANDLESTICK CHART

R1-9629 R2-9643 PP-9504 S1-9407 S2-9365

TRADING STRATEGY: BUY DHANIYA JUN ABOVE 9600 TGTS 9700,9800 SL 9450 SELL DHANIYA JUN BELOW 9390 TGTS 9290,9190 SL 9540


CALL: +917316642300



GUARSEED 4 HOURLY CANDLESTICK CHART

R1-5375 R2-5632 PP-5227 S1-5063 S2-4822

TRADING STRATEGY:

BUY GUARSEED JUN ABOVE 5390 TGTS 5540,5740 SL 5190 SELL GUARSEED JUN BELOW 5120 TGTS 4970,4770 SL 5320


CALL: +917316642300



JEERA 4 HOURLY CANDLESTICK CHART

R1-11415 R2-11680 PP-11195 S1-10930 S2-10710

TRADING STRATEGY:

BUY JEERA JUN ABOVE 11265 TGTS 11465,11765 SL 11950 SELL JEERA JUN BELOW 11970 TGTS 11820,11520 SL 11270


CALL: +917316642300


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 sourcesthat 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. Epic research recommends that investors independently evaluate particular investments and strategies, and encouragesinvestors to seek the advice of a financial adviser. Epic research 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 NSE and BSE.

The share price projections shown are not necessarily indicative of future price performance. The information herein, together with all estimates andforecasts, can change without notice. Analyst or any person related to epic research 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 recommendationfor 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 equity & bullion 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 financialprofits or loss which may arise from the recommendations above epic research 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 AnyInformation Provided by us to/with anyone which is received directly or indirectly by them. If found so then Serious Legal Actions can be taken.


CALL: +917316642300


CONTACT US:

WWW. EPICRESEARCH .CO

Epic Research Private Limited Corporate Office

411 Milinda Manor (Suites 409 - 417)2 RNT MargOpp Central Mall

Indore (M.P.)

Hotline: +91 731 664 2300 / 2427 / 2230Alternate: +91 731 664 2320 / 2226

+91 97521 99966

Or give us a missed call at 026 5309 0639


CALL: +917316642300

http://WWW.EPICRESEARCH.CO/

Weekly agri report 26 may 2014 by epic research

Business

Transcript of Weekly agri report 26 may 2014 by epic research