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Commodities Daily Technical Report

Tuesday| June 04, 2013

Agricultural Commodities

Content
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

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 wit hout prior permission from Angel Commodities Broking (P) Ltd. Your feedback is appreciated on commodities@angelbroking.com

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Commodities Daily Technical Report


Tuesday| June 04, 2013

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

Soybean Mustard Seed Ref Soy Oil CPO Castor seed

NCDEX NCDEX NCDEX MCX NCDEX

July July July June July

Up Up Up Up Sideways

3610 3450 686 479 3220

3675 3515 690 482 3265

3746 3531 694.05 484.10 3314

3780 3540 698 486 3345

3820 3555 703 489 3375

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

Recommendations MCX Cotton June Contract

3114

3120

3217

3223

3320

NCDEX Ref Soya Oil July Contract

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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