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DAILY AGRI REPORT 21 TH MAY 2013 WWW.EPICRESEARCH.CO +91 9752199966

Daily agri-report 21 may 2013

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Page 1: Daily agri-report 21 may 2013

DAILY AGRI REPORT 21TH MAY 2013

WWW.EPICRESEARCH.CO +91 9752199966

Page 2: Daily agri-report 21 may 2013

www.epicresearch.co +91 9752199966

HEADLINES

Chana gains 0.32% on spot demand .

Chana prices rose by Rs 11, or 0.32%, to Rs 3,398 per quintal in

futures trade today as speculators created fresh positions,

tracking firm trends at spot markets. At the National Commodity

and Derivatives Exchange, chana for delivery in June gained Rs 11,

or 0.32%, to Rs 3,398 per quintal, with an open interest of

1,49,630 lots..

Jeera falls 1.27% on profit booking

Jeera prices fell by 1.27% to Rs 13,000 per quintal in futures

market today due to profit-booking at prevailing higher levels. At

the National Commodity and Derivatives Exchange, jeera for

delivery in May fell by Rs 167.50, or 1.27%, to Rs 13,000 per

quintal with an open interest of 198 lots. The spice for delivery in

June contract shed Rs 65, or 0.50%, to Rs 13,060 per quintal in

12,624 lots.

EXPERT OPINION

STOCK S1 S2 R1 R2

CHANA 3,370 3330 3460 3500

RM SEED 3,480 3430 3550 3600

SOYABEAN 3900 3875 3960 4000

JEERA 13500 13350 13700 13850

Trading tip:

Buy jeera June above

13200 tg 13300, 13400

sl 13100

Buy dhaniya June

Above 6680

tg 6730,6800

sl 6630

Page 3: Daily agri-report 21 may 2013

DAILY SOYABEAN CHART

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ANALYSIS

OPEN: 3920

HIGH: 3939

LOW: 3820

CLOSE: 3933

SOYABEAN LOOKS SIDEWAYS

TREND: BULLISH

STRATEGY: BUY ON DIPS

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Page 4: Daily agri-report 21 may 2013

DAILY CHANA CHART

ANALYSIS

OPEN: 3388

HIGH: 3416

LOW: 3388

CLOSE: 3412

CHANA LOOKS SIDEWAYS

TREND: CONSOLIDATE

STRATEGY: SELL ON RISE

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Page 5: Daily agri-report 21 may 2013

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