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Commodities Daily Technical Report

Tuesday| October 23, 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


Tuesday| October 23, 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 Nov Sideways Up Down Down Sideways Down 14850 43530 4950 4800 4435 834 14970 43880 5030 4862 4485 849 15122.50 44135 5106 4912 4538 863.80 15300 44550 5160 4960 4585 877 15460 44780 5220 5010 4640 890

Oilseed Complex
Soybean Mustard Seed Ref Soy Oil CPO Castor seed NCDEX NCDEX NCDEX MCX NCDEX Nov Nov Nov Nov Nov Up Up Up Up Sideways 3230 4165 680 432 3745 3270 4225 685 437 3780 3321.50 4269 690.30 442.80 3819 3360 4310 699 448 3850 3410 4370 705 455 3885

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 Nov Dec Nov Nov Nov Nov Nov Mar Sept Sideways Down Up Up Up Sideways Down Sideways Sideways Sideways Down Sideways 4605 3260 992 989 16400 1391 1118 1508 1238 1263 1113 724 4635 3275 1003 1000 16540 1412 1128 1522 1255 1282 1127 730 4661 3291 1014 1010 16710 1429 1138 1537 1274 1299 1141.70 735.30 1357.20 4690 3308 1027 1023 16900 1445 1145 1550 1290 1315 1154 740 1370 4730 3225 1040 1035 17080 1462 1153 1562 1308 1335 1168 747 1382

Recommendations Mentha
Ref Soy Oil

Recommendations Sideways 1333 1345


Pepper

NCDEX November Contract

NCDEX November Contract

On the daily Chart, Ref Soy Oil 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 Ref Soy Oil between 685-686, SL-679, Target- 698/705.

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 43880-43920, SL-43520, Target- 44500/44780.

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