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Daily Agri Tech Report, April 12
Daily Agri Tech Report, April 12
Daily Agri Tech Report, April 12
Agricultural Commodities
Content
Technical Levels Strategy/Recommendations
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Agricultural Commodities
Technical Levels
Commodity Exchange NCDEX NCDEX NCDEX NCDEX NCDEX MCX Contract May May May June May April Trend Up Sideways Up Sideways Sideways Down S2 13630 35340 6800 6510 7440 825 S1 13730 35490 6930 6560 7500 835 LTP 13795 35635 7010 6594 7548 843.40 R1 13930 35820 7100 6650 7645 855 R2 14020 35990 7230 6700 7730 870
Spice Complex
Jeera Pepper Turmeric Chilli Coriander Cardamom
Oil Complex
Soybean Mustard Seed Ref Soy Oil CPO Castor seed NCDEX NCDEX NCDEX MCX NCDEX May May May April May Down Down Down Sideways Down 3835 3550 690 457 3540 3900 3570 696 460 3580 3966 3586 702 461.70 3622 4020 3605 707 466 3690 4080 3625 713 470 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 May May April April May July May May May April May Down Up Sideways Sideways Down Up Down Sideways Down Sideways Sideways 3545 2928 905 18740 1540 1324 1390 1170 1325 985 999 3560 2955 915 18850 1550 1334 1400 1180 1335 1005 1006 3577 2983 929.50 18970 1564 1343 1406 1190 1347.50 1023.80 1010 3600 3000 945 19130 1575 1350 1415 1200 1360 1040 1026 3620 3025 960 19290 1595 1357 1430 1210 1375 1060 1038
On the daily chart, price is consolidating with buying support at lower levels pushing prices up. MACD is also positive. Intraday Strategy: Buy NCDEX Sugar May between 2955-2960, SL 2928, Target 3000
On the daily chart, price trading above 20 day EMA and MACD is positive. After opening lower in yesterdays session, buying at lower levels pushed prices above opening closing positive. Intraday Strategy: Buy NCDEX Turmeric May between 6910-6930, SL 6800, Target 7100
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