Commodities Daily Technical Report

th
Friday | 20 Jan 2017
2016
Agricultural Commodities

Content

Technical Levels

Strategy/Recommendations

Prepared by Technical Team

Anuj Gupta - Head Research (Tech.) Tejas Anil Shigrekar Technical Research
Commodities & Currencies Tejas.shigrekar@angelbroking.com
Anuj.gupta@angelbroking.com (022) 29212000 Extn. 6123
(011) 4916 5954

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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
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 Commodities Daily Technical Report
th
Friday | 20 Jan 2017
2016
Agricultural
` Commodities

Technical Levels
Commodity Exchange Contract Trend S2 S1 LTP R1 R2
Spice Complex
Jeera NCDEX Mar Up 17050 17250 17485 17650 17780
Turmeric NCDEX Apr Up 6650 6740 6852 6910 6980
Coriander NCDEX Apr Sideways 7760 7820 7883 7940 7990
Cardamom MCX Feb Sideways 1520 1540 1557.50 1570 1580
Edible Oil Complex
Soybean NCDEX Feb Sideways 3100 3130 3159 3190 3220
Mustard Seed NCDEX Apr Sideways 3880 3905 3935 3965 3990
Soya Meal NCDEX Mar Sideways 24700 24900 25270 25400 25650
Ref Soy Oil ` NCDEX Feb Sideways 717 722 725.15 729 733
CPO MCX Jan Sideways 587 592 595.10 599 603
Castor MCX / NCDEX Feb Up 4030 4070 4096 4130 4170
Others
Sugar NCDEX Mar Sideways 3800 3820 3835 3850 3870
Kapas NCDEX Apr17 Up 995 1007 1018.50 1025 1030
Cotton MCX Jan Up 19700 19900 20160 20320 20450
Cotton Oilseed Cake NCDEX Feb Up 2180 2200 2222 2250 2270
Wheat NCDEX Feb Sideways 1835 1845 1859 1870 1885
MaizeKhrf NCDEX Feb Sideways 1425 1435 1446 1455 1465
Barley NCDEX Jan Sideways 1525 1535 1542 1550 1556
Mentha Oil MCX Feb Up 1008 1017 1027.70 1032 1045
Guar Gum5 NCDEX Feb Up 6310 6340 6367 6500 6560
Guar Seed 10 NCDEX Jan Up 3310 3340 3366 3410 3445

Recommendations
Jeera NCDEX Mar Contract Cotton MCX Jan Contract

Intraday Strategy: Buy MCX Jan Cotton between 19900 1995s0,

Intraday Strategy: Buy NCDEX Mar Jeera between 17200 17250 , SL
SL 19700, Target 20320 / 20400
17050, Target 17600 / 17650

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