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Commodities Daily Technical Report

Wednesday| October 3, 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

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Commodities Daily Technical Report


Wednesday| October 3, 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 13550 42700 5520 5070 3930 958 13725 42900 5570 5150 3980 970 13905 43120 5626 5208 4032 985.30 14060 43400 5690 5245 4080 998 14280 43725 5750 5280 4120 1005

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 Down 2960 3710 608 408 3385 3005 3755 613 413 3425 3075 3810 626.95 424.20 3497 3110 3855 630 428 3535 3145 3890 633 432 3565

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 MCX Nov Nov April 2013 April 2013 Oct Dec Nov Nov Nov Nov Oct Oct Sept Down Down Sideways Sideways Sideways Down Down Down Sideways Sideways Down Down 4040 3305 892 888 15750 1305 1138 1390 1245 1198 1103 915 4100 3325 906 902 15900 1325 1147 1412 1253 1212 1115 926 4160 3357 915.50 911.80 16050 1344 1156 1427 1266 1232 1130.80 941.20 1357.20 4205 3375 927 925 16150 1360 1165 1445 1282 1242 1142 952 1370 4250 3398 935 933 16290 1378 1174 1455 1298 1265 1156 965 1382

Recommendations Mentha
Soybean

Recommendations Sideways 1333 1345


Pepper

NCDEX November Contract

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 31053110, SL-3152, Target- 3010/2980.

On the daily Chart, Pepper prices closed above its 10 & 20 day EMA (Exponential Moving Average) which indicates bullish market sentiments. MACD is in the positive territory, which indicates further upside. Intraday Strategy: Buy NCDEX November Pepper between 42900-42920, SL-42680, Target- 43380/43725.

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