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Technical Levels Strategy/Recommendations
Anuj Gupta A.V.P - Technical Research Anuj.gupta@angelbroking.com (022) 29212000 Extn. 6137
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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Agricultural Commodities
Technical Levels
Commodity Exchange NCDEX NCDEX NCDEX NCDEX MCX Contract July July July July June Trend Sideways Down Down Sideways Down S2 13100 5630 5710 6515 690 S1 13220 5690 5740 6595 698 LTP 13362.50 5748 5792 6690 707 R1 13430 5820 5810 6730 720 R2 13530 5880 5850 6785 734
Spice Complex
Jeera Turmeric Chilli Coriander Cardamom
Up Up Up Up Sideways
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
July July April14 June July July July July July June June July June July June
Sideways Up Sideways Up Up Sideways Sideways Sideways Down Up Up Down Down Down Down
3160 3035 1078 18400 1585 1252 1605 1380 1325 928 900 22780 22940 7420 7415
3220 3060 1088 18620 1600 1257 1615 1395 1336 940 915 23110 23220 7540 7520
3262 3088 1095.50 18770 1620 1264.50 1624 1414 1344 957 921.60 23450 23408 7660 7628
3300 3110 1103 18940 1634 1270 1630 1445 1353 970 930 23720 23710 7740 7705
3330 3130 1110 19050 1648 1276 1640 1470 1362 980 938 24000 23920 7820 7790
3114
3120
3217
3223
3320
On the daily chart, price is closed above 20 day EMA and rising Volumes is also supported for bullishness. Intraday Strategy: Buy MCX Cotton June between 18770-18750, SL 18500, Target 19100 /19200
On the daily chart, price is trading above 20day & 5day EMA and MACD in positive zone indicating bullish market sentiments. Intraday Strategy: Buy NCDEX Ref Soya Oil July between 692.50692, SL 688, Target 698 /700
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