Commodities Daily Technical Report

Saturday| November 24, 2012

Agricultural Commodities

Content
Technical Levels Strategy/Recommendations

Anuj Choudhary – Research Analyst

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
Saturday| November 24, 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 Dec Dec Dec Dec Dec Dec Down Sideways Sideways Sideways Sideways Sideways 14200 37750 5030 5080 4820 908 14350 38110 5080 5132 4875 922 14537.50 38495 5146 5170 4922 936 14680 38820 5200 5212 4960 948 14820 39110 5240 5245 5000 962

Oilseed Complex
Soybean Mustard Seed Ref Soy Oil CPO Castor seed NCDEX NCDEX NCDEX MCX NCDEX Dec Dec Dec Dec Dec Sideways Down Up Down Down 3165 4080 705 422 3430 3200 4135 710 427 3465 3242.50 4193 717.40 431.90 3502 3280 4225 722 436 3535 3315 4260 728 440 3562

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 Dec Dec April 2013 April 2013 Nov Dec Dec Dec Dec Dec Nov Mar Sept Sideways Sideways Sideways Sideways Down Down Down Up Up Up Up Sideways 4190 3265 945 950 15920 1398 1055 1575 1470 1448 1318 720 4235 3283 957 963 16040 1412 1064 1587 1487 1457 1332 725 4269 3299 968 974 16170 1428 1072.50 1599 1502 1475.50 1344.50 729.20 1357.20 4305 3312 978 983 16280 1438 1080 1613 1524 1496 1359 733 1370 4338 3328 988 995 16400 1453 1087 1628 1542 1518 1372 736 1382

Recommendations Mentha
Turmeric

Recommendations Sideways 1333 1345
Jeera

NCDEX December Contract

NCDEX December Contract

On the daily Chart, Maize 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 December Maize between 1487-1489, SL-1468, Target- 1520/1542.

On the daily Chart, Jeera 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 December Jeera between 14650-14680, SL-14830, Target- 14380/14200

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