Commodities Daily Technical Report

Saturday| April 27, 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

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
Saturday| April 27, 2013

Agricultural Commodities
Technical Levels
Commodity Exchange NCDEX NCDEX NCDEX NCDEX NCDEX MCX Contract May May May June May May Trend Down Down Down Down Sideways Sideways S2 12740 34800 6230 6260 6555 755 S1 12830 35050 6320 6300 6680 768 LTP 12952.50 35300 6410 6350 6818 781.40 R1 13030 35500 6500 6380 6905 795 R2 13140 35700 6590 6440 6990 805

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 Sideways Sideways Up Down 4020 3450 713 460 3330 4060 3485 717 463 3360 4121 3521 721.05 464.90 3398 4160 3550 724 467 3420 4220 3575 727 469 3455

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 May Down Down Sideways Sideways Sideways Down Sideways Down Sideways Down Sideways 3460 2880 825 17440 1385 1268 1445 1130 1330 930 1005 3485 2895 837 17630 1398 1272 1460 1145 1345 945 1020 3518 2915 851.50 17780 1418 1281 1479 1162 1360 955.80 1040.50 3540 2930 860 17930 1430 1285 1490 1175 1365 975 1048 3580 2950 870 18050 1450 1295 1505 1190 1380 992 1060

Recommendations NCDEX Sugar May Contract

NCDEX Chana May Contract

On the daily chart, price is trading below 20 day EMA and RSI is also pointing downward and below 50. Price closed at contract low indicating bearishness. Intraday Strategy: Sell NCDEX Sugar May between 2925-2930, SL – 2950, Target - 2895

On the daily chart, price is trading below 20 EMA and MACD is negative indicating bearishness. Intraday Strategy: Sell NCDEX Chana May between 3540-3545, SL – 3580, Target - 3485

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