17 DEC.

2013

MARKET WRAP.
NCDEX Castorseed up by 3.3% on Strong demand: - NCDEX Castorseed January contract closed up on Monday and registering Profit of 3.3% Open: 4730, High: 4868 Low: 4711 Close: 4861 Chana up by 1.2% on weak demand:-NCDEX Chana January contract is closed up by 1.2% on Monday. NCDEX Dhaniya:-NCDEX Dhaniya January contract is closed up by 3.22% hit on Monday. NCDEX Turmeric: - NCDEX Turmeric April contract is up by 2.08% hit upper circuit on Monday.

INTRADAY VIEW.
Soybean (Jan.) and Soy Oil (Jan.):- soybean and soy oil futures are exhibiting
negative sentiments due to profit booking at higher levels. However, both commodities are expected to remain positive for near term by marriage season demand, according to our analyst at TheEquicom.

Dhaniya (Jan.) - The trend in NCDEX Dhaniya January contract is positive and
further up-tick is expected in the near term. For Intra-day, support for the commodity is seen at 7950 while 8500 is the resistance. Traders may buy around 7990 with the stop loss of 7945 for the target of 8480.

Expect further up-tick in Chana prices (Jan.):- Technically, the trend in
NCDEX chana January delivery looks positive and further up-tick is expected for near term. Support is seen at 2890 while resistance is seen at 3200 level. Traders may buy around 2910 with the stop loss of 2890 for the target of 3185, according to our analyst TheEquicom

NCDEX Turmeric (Apr.):-NCDEX Turmeric for April contract may trade positive
on next trading session. Resistance: 6350, 6420 Support: 5650, 5560.

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DAILY MARKET UPDATE
COMMODITY P.CLOSE LAST CLOSE NET CHANGE % CHANGE

SOYABEAN (20 Jan .2013)

3767.00

3747.00

-20.00

-0.53

REFINED SOYA OIL (20 Jan .2013)

694.45

690.00

-4.45

-0.64

DHANIYA (20 Jan .2013)

8137.00

8399.00

262.00

3.22

JEERA (20 Mar.2013)

13042.50

12970.00

-72.50

-0.56

TURMERIC (20 Apr.2013)

6142.00

6270.00

128.00

2.08

CHANA (20 Jan .2013)

3075.00

3038.00

-37.00

-1.20

GUARSEED (20 Jan .2013)

4755.00

4565.00

-190.00

-4.00

GUARGUM (20 Jan .2013)

13210.00

12690.00

-520.00

-3.94

CASTORSEED (20 Jan .2013)

4718.00

4861.00

143.00

3.03

RMSEED (20 Jan .2013)

3739.00

3656.00

-83.00

-2.22

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TECHNICAL VIEW
SOYABEAN (20 Jan.)
TREND STRATEGY RESISTANCE
• CONSOLIDATE • BUY ON DIPS `

• 3845 • 3885 • 3720 • 3690

SUPPORT

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DHANIYA (20 Jan.)
TREND STRATEGY RESISTANCE SUPPORT
•BULLISH •BUY ON DIPS •8450 •8500 •7690 •7560

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CHANA (20 Jan.)
TREND STRATEGY • CONSOLIDATE • BUY ON DIPS • 3175 • 3205 • 3015 • 2985

RESISTANCE

SUPPORT

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Refined soya oil (20 Jan.)
TREND STRATEGY • CONSOLIDATE • BUY ON DIPS • 709 • 716 • 685 • 680

RESISTANCE

SUPPORT

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COMMODITY

CONTRACT

RESISTANCE

SUPPORT

TREND

STRATAGEY

JEERA UNJHA

March

R1:13210 R2:13385

S1:12250 S2:12110 S1:4480 S2:4340 S1:4500 S2:4435

CONSOLIDATE BUY ON DIPS

CASTORSEED

January

R1:4880 R2:4895

BULLISH

BUY ON DIPS

GUARSEED

January

R1: 5520 R2: 5580

CONSOLIDATE BUY ON DIPS

REFINED OIL

January

R1: 719.00 R2:725.00

S1: 685.00 CONSOLIDATE BUY ON DIPS S2: 680.00

CHANA

January

R1: 3195 R2: 3270

S1:2910 S2:2885 S1:3670 S2:3620 S1:5645 S2:5595

CONSOLIDATE BUY ON DIPS

RMSEED

January

R1:3935 R2:3965

CONSOLIDATE BUY ON DIPS

TURMERIC

April

R1:6005 R2:6060

CONSOLIDATE BUY ON DIPS

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Disclaimer
The information and views in this report, our website & all the service we provide are believed to be reliable, but we do not accept any responsibility (or liability) for errors of fact or opinion. Users have the right to choose the product/s that suits them the most. Sincere efforts have been made to present the right investment perspective. The information contained herein is based on analysis and up on sources that we consider reliable. This material is for personal information and based upon it & takes no responsibility The information given herein should be treated as only factor, while making investment decision. The report does not provide individually tailor-made investment advice. TheEquicom recommends that investors independently evaluate particular investments and strategies, and encourages investors to seek the advice of a financial adviser. TheEquicom shall not be responsible for any transaction conducted based on the information given in this report, which is in violation of rules and regulations of NCDEX. The commodity price projections shown are not necessarily indicative of future price performance. The information herein, together with all estimates and forecasts, can change without notice. Analyst or any person related to TheEquicom might be holding positions in the stocks recommended. It is understood that anyone who is browsing through the site has done so at his free will and does not read any views expressed as a recommendation for which either the site or its owners or anyone can be held responsible for . Any surfing and reading of the information is the acceptance of this disclaimer. All Rights Reserved. Investment in Commodity and equity market has its own risks. We, however, do not vouch for the accuracy or the completeness thereof. we are not responsible for any loss incurred whatsoever for any financial profits or loss which JULY arise from the recommendations above. TheEquicom does not purport to be an invitation or an offer to buy or sell any financial instrument. Our Clients (Paid Or Unpaid), Any third party or anyone else have no rights to forward or share our calls or SMS or Report or Any Information Provided by us to/with anyone which is received directly or indirectly by them. If found so then Serious Legal Actions can be taken.

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