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Commodities Daily Technical Report

Thursday| March 21, 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 Brok ing (P) Ltd”. Your feedback is appreciated on commodities@angelbroking.com

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Commodities Daily Technical Report
Thursday| March 21, 2013

Agricultural Commodities
Technical Levels
Commodity Exchange NCDEX NCDEX NCDEX NCDEX NCDEX MCX Contract April April April April April April Trend Down Sideways Sideways Sideways Up Down S2 12840 34720 6470 6630 6715 845 S1 12940 35070 6540 6700 6755 860 LTP 13065 35445 6618 6784 6808 874.30 R1 13120 35690 6670 6820 6840 890 R2 13220 35950 6740 6880 6885 905

Spice Complex
Jeera Pepper Turmeric Chilli Coriander Cardamom

Oil Complex
Soybean Mustard Seed Ref Soy Oil CPO Castor seed NCDEX NCDEX NCDEX MCX NCDEX April April April March April Sideways Down Down Down Down 3450 3385 665 448 3580 3470 3400 668 450 3595 3490 3421 671.55 451.90 3610 3510 3430 673 453 3630 3540 3450 676 456 3650

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 April April March April July April April April March April Up Down Sideways Up Sideways Up Up Up Up Down Up 3370 2965 960 18760 1485 1288 1410 1300 1355 1100 890 3400 2980 970 18870 1495 1295 1420 1310 1365 1115 912 3434 2989 980 18980 1508 1301 1430 1324 1374.50 1124.80 913.30 3450 3010 985 19050 1515 1306 1440 1335 1395 1135 930 3470 3025 1000 19120 1525 1311 1450 1345 1405 1150 945

Recommendations NCDEX CHANA April Contract

NCDEX Jeera April Contract

On the daily chart, price bounced taking support at 20 EMA closing 0.82% up. MACD is also positive and RSI is rising. Intraday Strategy: Buy NCDEX Chana April between 3410-3415, SL – 3365, Target - 3480

On the daily chart, price is trading below 20 EMA. Price completed a 14 days H&S pattern piercing through neckline (in red) 2 sessions ago. RSI is declining. Intraday Strategy: Sell NCDEX Jeera between 13180-13220, SL – 13410, Target - 12900

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