Daily Agri Tech Report Oct 1

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Commodities Daily Technical Report

Monday| October 1, 2012

Agricultural Commodities

Content
Technical Levels Strategy/Recommendations

Anuj Choudhary Research Associate

anuj.choudhary@angelbroking.com
(022) 2921 2000 Extn. 6132

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

Disclaimer: The information and opinions contained in the document have been compiled from sources believed to be reliable. The company does not warrant its accuracy, completeness and correctness. The document is not, and should not be construed as an offer to sell or solicitation to buy any commodities. This document may not be reproduced, distributed or published, in whole or in part, by any recipient hereof for any purpose without prior permission from Angel Commodities Broking (P) Ltd. Your feedback is appreciated on commodities@angelbroking.com

www.angelcommodities.com

Commodities Daily Technical Report


Monday| October 1, 2012

Agricultural Commodities
Technical Levels
Commodity Exchange Contract Trend S2 S1 LTP R1 R2

Spice Complex
Jeera Pepper Turmeric Chilli Coriander Cardamom NCDEX NCDEX NCDEX NCDEX NCDEX MCX Nov Nov Nov Nov Nov Oct Sideways Sideways Sideways Down Down Down 13580 42500 5510 5135 3990 960 13725 42750 5560 5185 4045 975 13862.50 43035 5606 5238 4098 990.30 14050 43350 5690 5295 4160 1003 14200 43710 5760 5340 4220 1015

Oilseed Complex
Soybean Mustard Seed Ref Soy Oil CPO Castor seed NCDEX NCDEX NCDEX MCX NCDEX Nov Nov Nov Oct Nov Down Down Down Down Sideways 3110 3830 637 429 3450 3165 3865 645 436 3490 3203 3927 653.05 441.90 3534 3235 3965 658 446 3580 3275 3995 662 450 3605

Others
Chana Sugar Kapas Kapas Cotton Cotton Oilseed Cake Gur Wheat Maize Barley Mentha Potato NCDEX NCDEX NCDEX MCX MCX NCDEX NCDEX NCDEX NCDEX NCDEX MCX MCX Nov Nov April 2013 April 2013 Oct Dec Nov Nov Nov Nov Oct Oct Down Down Down Down Sideways Down Down Down Sideways Sideways Down Down 4125 3380 872 868 15750 1292 1152 1423 1245 1215 1150 932 4165 3405 883 882 15900 1310 1160 1435 1262 1233 1162 948 4213 3430 898 895.80 16050 1328 1167 1453 1274 1250 1175.90 964.90 4255 3450 908 906 16150 1340 1174 1476 1288 1265 1189 975 4305 3475 925 921 16280 1355 1182 1490 1302 1273 1202 983

Recommendations
Soybean NCDEX November Contract

Recommendations
Chana NCDEX November Contract

On the daily Chart, Soybean prices closed below its 10 & 20 day EMA (Exponential Moving Average) which indicates bearish market sentiments. MACD is in the negative territory, which indicates further downside. Intraday Strategy: Sell NCDEX Nov Soybean between 32303235, SL-3278, Target- 3165/3110.

On the daily Chart, Chana prices closed below its 10 & 20 day EMA (Exponential Moving Average) which indicates bearish market sentiments. MACD is in the negative territory, which indicates further downside. Intraday Strategy: Sell NCDEX November Chana between 4245-4250, SL-4308, Target- 4165/4125.

www.angelcommodities.com

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