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Commodities Daily Technical Report

Thursday| March 14, 2013

Agricultural Commodities

Content
Technical Levels Strategy/Recommendations

Dhanik Shah Sr. Technical Analyst


Dhanik.Shah@angelbroking.com
(022) 2921 2000 Extn. 6129

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 Brok ing (P) Ltd. Your feedback is appreciated on commodities@angelbroking.com

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Commodities Daily Technical Report


Thursday| March 14, 2013

Agricultural Commodities
Technical Levels
Commodity Exchange NCDEX NCDEX NCDEX NCDEX NCDEX MCX Contract April April April April April April Trend Up Up Up Up Sideways Down S2 13280 35300 6750 6730 6495 890 S1 13360 35780 6850 6840 6570 900 LTP 13417.50 35995 6958 6958 6649 908.40 R1 13530 36570 7090 7080 6770 920 R2 13620 37060 7190 7200 6895 930

Spice Complex
Jeera Pepper Turmeric Chilli Coriander Cardamom

Oil Complex
Soybean Mustard Seed Ref Soy Oil CPO Castor seed NCDEX NCDEX NCDEX MCX NCDEX April April April March April Sideways Up Down Down Down 3435 3400 660 447 3630 3475 3435 664 451 3660 3518 3471 668.30 454.30 3688 3550 3485 671 456 3725 3580 3510 675 459 3755

Others
Chana Sugar Kapas Cotton Cotton Oilseed Cake Gur Wheat Maize Barley Mentha Potato NCDEX NCDEX NCDEX MCX NCDEX NCDEX NCDEX NCDEX NCDEX MCX MCX April April April March April July April April April March April Up Down Sideways Sideways Up Up Sideways Sideways Up Down Up 3360 3050 949 18350 1510 1325 1410 1310 1390 1210 790 3400 3060 959 18500 1525 1329 1417 1320 1400 1220 799 3428 3076 970 18650 1544 1334.50 1426 1326 1413.50 1226.30 808.70 3465 3085 975 18740 1555 1338 1430 1335 1425 1235 818 3505 3100 990 18820 1565 1342 1440 1347 1435 1251 827

Recommendations NCDEX RM Seed April Contract

NCDEX Jeera April Contract

On the daily chart, price bounced taking support at 20 EMA and MACD is also positive. Intraday Strategy: Buy NCDEX RM Seed April between 3445-3450, SL 3403, Target 3510

On the daily chart, price is trading above 20 EMA and MACD is positive. Intraday Strategy: Buy NCDEX Jeera April between 13300-13330, SL 13100, Target 13620

www.angelcommodities.com

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