Commodities Daily Technical Report

Monday | August 27, 2012

Agricultural Commodities

Content
Technical Levels Strategy/Recommendations

Anuj Choudhary Research Associate

anuj.choudhary@angelbroking.com
(022) 2921 2000 Extn. 6132

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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Commodities Daily Technical Report

Monday | August 27, 2012

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

Spice Complex
Jeera Pepper Turmeric Chilli Coriander Cardamom NCDEX NCDEX NCDEX NCDEX NCDEX MCX Sept Sept Sept Sept Sept Sept Down Sideways Sideways Down Down Down 14600 41000 5720 5400 4210 908 14820 41320 5800 5450 4270 920 15067.50 41620 5896 5508 4366 932.40 15200 41850 5950 5560 4435 942 15430 42050 6020 5622 4495 953

Oilseed Complex
Soybean Mustard Seed Ref Soy Oil CPO Castor seed NCDEX NCDEX NCDEX MCX NCDEX Oct Sept Sept Sept Sept Up Up Up Up Down 3925 4440 797 562 4190 3965 4465 802.50 565 4250 3997.50 4493 805.50 567.90 4331 4035 4538 810 572 4385 4075 4565 813 575 4440

Others
Chana Sugar Kapas Cotton Oilseed Cake Gur Wheat Potato Potato Mentha NCDEX NCDEX NCDEX NCDEX NCDEX NCDEX NCDEX MCX MCX Sept Sept April 2013 Sept Sept Sept Sept Sept Aug Sideways Down Sideways Up Down Sideways Down Down Sideways 4670 3375 1115 1610 1139 1525 1105 1155 1290 4715 3395 1123 1627 1148 1542 1116 1168 1308 4746 3420 1131.50 1640 1157.50 1560 1126.80 1181.40 1322.40 4780 3442 1143 1655 1168 1576 1135 1195 1338 4825 3465 1156 1675 1177 1586 1148 1210 1355

Recommendations
Jeera NCDEX September Contract

Recommendations
Soybean NCDEX October Contract

On the daily Chart, Jeera prices closed below its 10 & 20 day EMA (Exponential Moving Average) which indicates bearish market sentiments. MACD is in negative territory, which indicates further downside.

On the daily Chart, Soybean prices closed above its 10 & 20 day EMA (Exponential Moving Average) which indicates bullish market sentiments.

Intraday Strategy: Sell NCDEX September Jeera between 15180-15200, SL-15440, Target-14825/14600.

Intraday Strategy: Buy NCDEX October Soybean between 3965-3970, SL-3923, Target-4035/4075.

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