Commodities Daily Technical Report

Tuesday| May 21, 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

Tuesday| May 21, 2013

Agricultural Commodities
Technical Levels
Commodity Exchange NCDEX NCDEX NCDEX NCDEX MCX Contract June June June June June Trend Sideways Down Down Down Up S2 12900 5700 5410 6365 720 S1 12990 5830 5480 6460 735 LTP 13035 5914 5544 6553 744 R1 13130 6030 5590 6690 758 R2 13200 6130 5630 6815 770

Spice Complex
Jeera Turmeric Chilli Coriander Cardamom

Oil Complex
Soybean Mustard Seed Ref Soy Oil CPO Castor seed NCDEX NCDEX NCDEX MCX NCDEX June June June May June Up Sideways Sideways Up Down 3865 3475 694 465 3250 3895 3490 697 468 3275 3915.50 3505 699.30 471.30 3304 3935 3520 702 473 3330 3955 3540 705 475 3355

Others
Chana Sugar Kapas Cotton Cotton Oilseed Cake Gur Wheat Maize Barley Mentha Potato Guar Gum Guar Gum Guar Seed Guar Seed NCDEX NCDEX NCDEX MCX NCDEX NCDEX NCDEX NCDEX NCDEX MCX MCX NCDEX MCX NCDEX MCX June June April14 May June July June June June May June June June June June Down Up Sideways Down Down Sideways Up Up Sideways Up Sideways Down Down Down Down 3300 3020 1010 17780 1430 1257 1525 1190 1330 940 915 28050 28060 9100 9140 3335 3045 1022 17860 1440 1262 1540 1200 1340 952 921 28200 28170 9220 9220 3388 3065 1028.50 17910 1457 1266.50 1554 1208 1361 962.40 929.90 28480 28390 9370 9383 3405 3085 1035 17970 1465 1272 1565 1222 1370 976 932 28600 28450 9500 9475 3455 3100 1045 18010 1475 1277 1576 1235 1380 987 937 28850 28610 9600 9640

Recommendations NCDEX Chana June Contract

MCX Cardamom June Contract

On the daily chart, price pierced through up trend line (in red) and trading below it. MACD is negative. Intraday Strategy: Sell NCDEX Chana June between 3403-3407, SL 3455, Target - 3335

On the daily chart, price rallied sharply with same Open = Low closing at the high making a long white candle, a bullish indication. RSI is rising higher Intraday Strategy: Buy MCX Cardamom June between 733-737, SL 720, Target - 758

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