Money Maker Research Pvt. Ltd.

Daily Agri Newsletter

19 MAY 2015

www.moneymakerfinancial.com An ISO 9001-2008 Company

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H E A D L I N E S

Jeera is looking bullish in near term

Jeera hit 4% upper circuit at 18500 on Tuesday. Jeera

supported by fresh buying in spot market and reduction in

daily arrivals is also supported. Strong export demand in physical market will encourage jeera to test new high in near

term.

Chana closed higher as good

demand supporting

Mustard Seed is supported by

receding supply

Mustard Seed is supported by receding supplies and good

demand. However Soyabean could trade on a bearish trend,

could limit the gain of mustard seed. Mustard seed closed

higher at 4093 on Tuesday trading session.

Chana closed higher due to good demand from the traders

and stockiest on lower production estimates from the new

season crop. Chana is expected to trade positive for the day.

SCRIP CLOSE CHANGE %

CHANGE R2 R1 S1 S2 STRATEGY

MENTHA OIL (MAY )

930 -3.2 -0.34 960 945 915 900 SELL ON

HIGH

SOYBEAN (JUN )

4143 40 0.97 4220 4185 4110 4080 BUY ON DIPS

CHANA (JUN )

4758 128 2.76 4840 4800 4720 4680 BUY ON DIPS

CASTORSEED (JUN )

3958 93 2.41 4030 4000 3930 3900 BUY ON DIPS

RMSEED (JUN )

4097 45 1.11 4160 4135 4055 4020 BUY ON DIPS

GUARSEED (JUN )

5194 169 3.36 5260 5225 5160 5120 BUY ON DIPS

DHANIYA (JUN )

11660 660 6 12200 11900 10450 10250 SELL ON

HIGH

JEERA (JUN )

18500 710 3.99 19200 18800 18200 17900 SELL ON

HIGH

TURMERIC (JUN )

8250 34 0.41 8500 8400 8100 8000 SELL ON

HIGH

P I V O T T A B L E

P I V O T TA B L E

C H A R T I S T P I C K

SELL MENTHA OIL MAY BELOW 927 AND MAINTAIN STOP LOSS ABOVE

947. WE CAN SEE THE TARGETS AROUND 912/905

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