Commodities Daily Technical Report

Friday| January 04, 2013

Agricultural Commodities

Content
Technical Levels Strategy/Recommendations

Dhanik Shah Sr Technical Analyst

Dhanik.Shah@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

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Commodities Daily Technical Report

Friday| January 04, 2013

Agricultural Commodities
Technical Levels
Commodity Exchange NCDEX NCDEX NCDEX NCDEX NCDEX MCX Contract March Feb April March April Feb Trend Down Up Sideways Sideways Up Down S2 14170 34180 6580 6120 6190 1040 S1 14280 34560 6680 6180 6260 1050 LTP 14405 34910 6774 6272 6322 1058.60 R1 14480 35180 6840 6310 6390 1070 R2 14650 35420 6910 6350 6450 1080

Spice Complex
Jeera Pepper Turmeric Chilli Coriander Cardamom

Soybean Mustard Seed Ref Soy Oil CPO Castor seed

NCDEX NCDEX NCDEX MCX NCDEX

Feb April Feb Jan Feb

Down Sideways Down Up Sideways

3210 3510 684 439 3650

3240 3530 687 442 3700

3257 3548 690.25 445.70 3749

3285 3565 694.50 448.50 3775

3320 3590 699 451 3810

Chana Sugar Kapas Cotton Cotton Oilseed Cake Gur Wheat Maize Barley Mentha Potato

NCDEX NCDEX NCDEX MCX NCDEX NCDEX NCDEX NCDEX NCDEX MCX MCX

April Feb April Jan Feb March Feb Feb April Jan Mar

Up Sideways Down Down Sideways Down Sideways Down Sideways Sideways Up

3530 3250 950 16370 1380 1090 1545 1370 1415 1405 753

3560 3265 960 16460 1395 1099 1555 1377 1430 1415 758

3581 3277 967.50 16530 1412 1106.50 1562 1386 1442.50 1426.30 764.60

3600 3290 975 16630 1420 1114 1570 1390 1450 1440 771

3630 3300 985 16720 1430 1123 1577 1400 1460 1455 776

Recommendations Maize NCDEX Feb Contract

Recommendations Soybean NCDEX Feb Contract

On the daily chart, price trading below 10 & 20 EMA and MACD in negative indicating bearish sentiments.

On the daily chart, price is trading below 10 & 20 EMA and MACD in negative indicating bearish sentiments.

Intraday Strategy: Sell NCDEX Maize Feb between 1400-1405, SL 1420, Target 1375

Intraday Strategy: Sell NCDEX Soybean Feb between 3290-3295, SL 3350, Target 3215

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