Commodities Daily Technical Report

Thursday | August 25, 2011

Agricultural Commodities

Content
Technical Levels Strategy/Recommendations

Prepared by:
Badruddin AVP - Research, Commodities

badruddin.khan@angelbroking.com
(022) 2921 2000 Extn. 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 Broking (P) Ltd. Your feedback is appreciated on commodities@angelbroking.com

www.angelcommodities.com

Commodities Daily Technical Report

Thursday | August 25, 2011

Agricultural Commodities
Technical Levels
Commodity Exchange Contract Trend S2 S1 LTP R1 R2

Spice Complex
Jeera Pepper Turmeric Chilli Coriander NCDEX NCDEX NCDEX NCDEX NCDEX September September September September September Sideways Up Down Down Up 15500 32200 5580 8075 5940 15615 32450 5700 8120 6000 15820 33100 5852 8180 6055 16050 33350 6020 8265 6225 16200 33600 6150 8370 6300

Oilseed Complex
Soybean Mustard Seed Ref Soy Oil CPO NCDEX NCDEX NCDEX MCX September September September September Up Up Up Up 2390 2940 657 487 2400 2950 659 489 2431 2973 662.10 492 2455 3000 665 495 2465 3010 667 497

Others
Guar Seed Guar Gum Chana Sugar Sugar Kapas Cotton Oilseed Cake Gur Potato Potato Mentha Cardamom NCDEX NCDEX NCDEX NCDEX MCX NCDEX NCDEX NCDEX NCDEX MCX MCX MCX September September September September September April September September September September August September Sideways Sideways Up Up Up Sideways Sideways Up Up Up Sideways Down 4375 13630 3165 2710 2675 700 1280 1040 350 460 1090 750 4410 13750 3180 2720 2685 705 1288 1045 355 465 1105 756 4452 13960 3215 2736 2703 714.10 1299 1053 360 473 1120 769 4515 14150 3250 2750 2725 722 1320 1058 367 480 1140 782 4550 14330 3265 2760 2735 730 1325 1063 372 484 1147 790

Recommendations
RM Seed NCDEX September Contract Pepper NCDEX September Contract

On the daily Chart, RM Seed breached trend line and closed above its 10 & 20 Day EMA (Exponential Moving Average), which shows bullish market sentiment. MACD also entered in positive territory which indicates for further upside movement. Intraday Strategy: Buy NCDEX September RM Seed between 29502955, SL-2938 Target 3000/3010.

On the daily Chart, Pepper breached contract high and closed above its 10 & 20 Day EMA (Exponential Moving Average), which shows bullish market sentiment. MACD is in positive territory which indicates positive sentiments. Intraday Strategy: Buy NCDEX September Pepper between 3245032500, SL-32200, Target 33350/33600.

www.angelcommodities.com