Commodities Daily Technical Report

Monday| March 25, 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

Monday| March 25, 2013

Agricultural Commodities
Technical Levels
Commodity Exchange NCDEX NCDEX NCDEX NCDEX NCDEX MCX Contract April April April April April April Trend Down Sideways Sideways Down Down Sideways S2 12850 35600 6500 6600 6640 880 S1 12950 35780 6560 6660 6680 890 LTP 13052.50 35975 6614 6706 6709 903.40 R1 13200 36200 6670 6770 6750 911 R2 13400 36420 6720 6840 6800 920

Spice Complex
Jeera Pepper Turmeric Chilli Coriander Cardamom

Oil Complex
Soybean Mustard Seed Ref Soy Oil CPO Castor seed NCDEX NCDEX NCDEX MCX NCDEX April April April March April Up Up Up Up Sideways 3565 3425 679 458 3570 3600 3445 683 460 3600 3637 3462 687.65 461.50 3628 3660 3485 690 463 3665 3685 3510 693 465 3700

Others
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 April April March April July April April April March April Sideways Down Down Down Down Sideways Sideways Up Up Down Sideways 3345 2910 910 18190 1450 1302 1410 1320 1350 1090 893 3365 2925 920 18250 1460 1307 1420 1330 1360 1105 903 3388 2939 925.50 18320 1468 1313.50 1428 1336 1374.50 1124.80 913.20 3425 2960 935 18430 1480 1318 1434 1345 1390 1140 924 3460 2980 945 18540 1505 1325 1440 1355 1400 1160 935

Recommendations NCDEX Jeera April Contract

NCDEX COCUDAKL April Contract

On the daily chart, price took resistance at 20 EMA and MACD difference is reducing. Intraday Strategy: Sell NCDEX Jeera April between 13170-13220, SL 13400, Target - 12870

On the daily chart, price closed below neckline of a 17 day H&S pattern, a bearish indication. Additionally price is trading below 20 EMA and MACD is negative. Intraday Strategy: Sell NCDEX COCUDAKL between 1480-1485, SL 1505. Target - 1450

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