Commodities Daily Technical Report

Saturday| April 06, 2013

Agricultural Commodities

Content
Technical Levels Strategy/Recommendations

Dhanik Shah Sr. Technical Analyst

Dhanik.Shah@angelbroking.com
(022) 2921 2000 Ext. 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

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Commodities Daily Technical Report

Saturday| April 06, 2013

Agricultural Commodities
Technical Levels
Commodity Exchange NCDEX NCDEX NCDEX NCDEX NCDEX MCX Contract May May May June May April Trend Up Sideways Sideways Sideways Up Down S2 13550 35350 6460 6740 7220 850 S1 13700 35570 6510 6780 7300 860 LTP 13837.50 35750 6562 6832 7390 868.20 R1 14000 36010 6620 6880 7480 875 R2 14230 36220 6670 6940 7580 890

Spice Complex
Jeera Pepper Turmeric Chilli Coriander Cardamom

Oil Complex
Soybean Mustard Seed Ref Soy Oil CPO Castor seed NCDEX NCDEX NCDEX MCX NCDEX May May May April May Sideways Up Up Up Down 3780 3505 686 458 3520 3835 3540 690 460 3555 3880 3578 694.25 462 3586 3945 3605 700 464 3645 4005 3635 705 466 3690

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 May May April April May July May May May April April Up Up Down Down Down Sideways Sideways Down Up Sideways Down 3470 2945 915 18880 1520 1320 1380 1140 1375 1000 955 3500 2970 922 18980 1530 1324 1390 1150 1385 1015 970 3520 2996 931 19090 1540 1328.50 1397 1159 1397.50 1029.40 981.80 3560 3040 940 19200 1550 1335 1405 1170 1405 1045 1000 3580 3085 955 19320 1560 1340 1415 1180 1415 1060 1015

Recommendations NCDEX CHANA May Contract

NCDEX RM SEED May Contract

On the daily chart, price rallied steadily throughout yesterdays session closing above resistance of 3500. Price trading above 20 EMA and MACD is also positive. Intraday Strategy: Buy NCDEX Chana May between 3505-3510, SL 3470, Target 3560

On the daily chart, after closing above down trend line (in red) RM Seed prices moved higher in yesterdays session. Price trading above 20 EMA and MACD is also positive. Intraday Strategy: Buy NCDEX RM Seed May between 3555-3560, SL 3514, Target 3620 / 3625

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