Professional Documents
Culture Documents
Daily Agri Commodity Report by Epic Research of 2 DECEMBER 2016
Daily Agri Commodity Report by Epic Research of 2 DECEMBER 2016
02 December 2016
Our Presence
Epic Research India
411 Milinda Manor (Suites 409- 417)
2 RNT Marg. Opp Central Mall
Indore (M.P.)
Hotline: +91 731 664 2300
Alternate: +91 731 664 2320
Or give us a missed call at
026 5309 0639
YOUR MINTVISORY
Call us at +91-731-6642300
Market Views
MONT
H
OPEN
HIGH
CLOS
E
LOW
% CHG
VOL
MONT
H
OPEN
HIGH
7941
8120
7920
SUPPORT
SUPP.1
SUPP. 2
7962
7841
8083
PIVOT
INTRADAY
LEVELS
8041
RESISTA
NCE
RES. 1
RES. 2
8162
8241
2.24
1650
SUPPORT
SUPP. 1
SUPP. 2
7300
7388
7258
SUPPORT
SUPP.1
SUPP. 2
7296
7212
RES. 1
RES. 2
7426
7472
RES. 1
RES. 2
GUARGUM
7380
7342
RESISTA
NCE
VOL
LEVELS
RESISTA
NCE
PIVOT
INTRADA
Y LEVELS
% CHG
PIVOT
INTRADAY
TURMERIC
DEC
CLOS
E
CASTORSEED
CORIANDER
DEC
LOW
1.74
1685
DEC
6397
6505
6390
SUPPORT
SUPP. 1
SUPP. 2
6374
6324
6423
PIVOT
INTRADAY
LEVELS
6439
RESISTA
NCE
RES. 1
RES. 2
6489
6554
1.07
6985
Expiry Date
Current Price
Change
Change %
CORIANDER
20-12-2016
8094.00
209.00
2.65%
20-12-2016
1965.00
5.00
0.26%
20-12-2016
727.40
5.70
0.79%
SOY BEAN
20-12-2016
3122.00
10.00
0.32%
Index
Value
Pre.
Close
%
Change
Castorseed
Chana
Coriander
8083
7906
2.24
Guargum5MT
6360
6292
1.08
Jeera
18615
18370
1.33
TOP LOSERS
Symbol
Expiry Date
Current Price
Change
Change %
RAPESEED-MUSTARD
SEED
20-12-2016
4800.00
-29.00
-0.60%
Mustard seed
4790
4834
-0.91
MAIZE FEED/INDUSTRIAL
GRADE
20-12-2016
1434.00
-3.00
-0.21%
Soybean
3112
3116
-0.13
WHEAT
20-12-2016
2022.00
-4.00
-0.20%
Turmeric
7380
7254
1.74
Commodities In News
ECONOMIC NEWS
Given the deficit situation in the domestic and international markets, the
sugar prices are expected to remain firm in the near term, says an
ICRABSE -0.66 % report. This, coupled with the moderate cane prices
seen for the current sugar year across most states, augurs well for
profitability in the near-term. Sabyasachi Majumdar, Head, Corporate
Ratings, ICRA, said, With recent Government estimates pegging sugar
production at a 10% lower level as compared to last year, sugar prices are
likely to remain firm over the three to four quarters. This apart, moderate
cane price hikes effected in most states, notably UP, bode well for the
industry profitability outlook in the short term. Domestic sugar prices
have remained firm, having increased from around Rs. 31,500/MT in
March 2016 to Rs. 36,000/MT in August 2016. After remaining stable at
Rs. 36,000/MT in September, 2016, the surge in prices continued in
October 2016, with prices reaching their highest level of Rs 36,200/MT in
the last five years. The prices continued to remain healthy in November
2016 at Rs 35,500/MT, albeit a marginal dip, following the demonetisation
announcement.
Technical Outlook
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. Epic research recommends that investors independently evaluate particular investments
and strategies, and encourages investors to seek the advice of a financial adviser. Epic research 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 NSE and BSE.
The share 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 epic research 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.
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 may arise from the recommendations above epic research 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.