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Commodities Daily Technical Report

Thursday| January 03, 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 Broking (P) Ltd. Your feedback is appreciated on commodities@angelbroking.com

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Commodities Daily Technical Report


Thursday| January 03, 2013

Agricultural Commodities
Technical Levels
Commodity Exchange NCDEX NCDEX NCDEX NCDEX NCDEX MCX Contract March Feb April March April Feb Trend Down Up Sideways Up Up Down S2 14510 33630 6510 6170 6180 1040 S1 14575 34070 6614 6220 6250 1052 LTP 14647.50 34460 6696 6284 6344 1063.70 R1 14750 34860 6830 6300 6380 1080 R2 14860 35210 6960 6350 6440 1095

Spice Complex
Jeera Pepper Turmeric Chilli Coriander Cardamom

Oil Complex
Soybean Mustard Seed Ref Soy Oil CPO Castor seed NCDEX NCDEX NCDEX MCX NCDEX Feb April Feb Jan Feb Sideways Sideways Down Up Down 3250 3490 680 435 3630 3280 3510 685 439 3670 3301.50 3534 688.85 443.20 3711 3315 3555 693 445 3775 3345 3580 698 450 3840

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 Feb April Jan Feb March Feb Feb April Jan Mar Up Up Down Down Down Down Down Down Down Sideways Up 3530 3250 950 16380 1375 1104 1550 1367 1405 1407 755 3550 3265 960 16460 1385 1109 1554 1379 1419 1420 760 3581 3283 970 16540 1399 1113.50 1560 1392 1428 1433.20 767.70 3600 3290 985 16670 1415 1116 1560 1409 1440 1445 771 3620 3305 1000 16800 1430 1120 1565 1427 1460 1468 776

Recommendations CHILLIGTR NCDEX March Contract

Recommendations KAPAS NCDEX April Contract

On the daily chart, price trading above 10 & 20 EMA and MACD turned positive. Intraday Strategy: Buy NCDEX CHILLIGTR March between 6190-6200, SL 6080, Target 6350

On the daily chart, price trading above 10 & 20 EMA and MACD Negative. On candlestick chart, price formed a long black line a bearish pattern. Intraday Strategy: Sell NCDEX KAPAS April between 983-985, SL 1000, Target 960

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