Daily agri news letter bytheequicom financial research pvt. ltd. 17 may2013

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Daily Newsletter- AGRI COMMODITY 17 MAY 201 3

Transcript of Daily agri news letter bytheequicom financial research pvt. ltd. 17 may2013

Page 1: Daily agri news letter bytheequicom financial research pvt. ltd. 17 may2013

Daily Newsletter- AGRI COMMODITY

17 MAY 2013

Page 2: Daily agri news letter bytheequicom financial research pvt. ltd. 17 may2013

MARKET WRAP

� Dhaniya rallied by 1.7 % approx on fresh buying at attractive levels.

� Soyabean down 0.9 % @ 3896 but Refined soya Oil up 0.1 % @ 698.5.

� Pepper witnessed down 1.5% @ 35495 on adequate stocks.

Soyabean rebounded from an important resistance level 3970 and may show negative

movement in upcoming days. Dhaniya breaks an important resistance level 6925.

pepper down 1.5 % @ 35495 and may show negative movement in tomorrow.

DAILY MARKET UPDATE:-

COMMODITY P.CLOSE LAST CLOSE NET CHANGE % CHANGE

SOYABEAN ( 20JUNE2013 ) 3929.50 3896.00 -33.50 0.90

REFINED SOYA OIL (20JUNE2013 ) 697.20 698.50 1.40 0.10

DHANIYA ( 20JUNE2013 ) 6835.00 6953.00 118.00 1.70

JEERA ( 20JUNE2013 ) 13182.50 13347.50 165.00 1.20

TURMERIC ( 20JUNE2013 ) 5794.00 6026.00 232.00 4.00

CHANA ( 20JUNE2013 ) 3420.00 3459.00 39.00 1.10

GUARSEED ( 20JUNE2013 ) 9200.00 9570.00 370.00 4.00

GUARGUM ( 20JUNE2013 ) 27730.00 28840.00 1110.00 4.00

PEPPER ( 20JUNE2013 ) 36025.00 35495.00 -530.00 -1.50

RMSEED ( 20JUNE2013 ) 3507.00 3541.00 34.00 0.90

Page 3: Daily agri news letter bytheequicom financial research pvt. ltd. 17 may2013

TECHNICAL VIEW

CHANA (JUNE)

• CONSOLIDATE

• BUY ON DIPS

TREND

STRATEGY

• 3470

• 3500RESISTANCE

• 3400

• 3370SUPPORT

Page 4: Daily agri news letter bytheequicom financial research pvt. ltd. 17 may2013

TURMERIC (JUNE)

• CONSOLIDATE

• BUY ON DIPS

TREND

STRATEGY

• 6050

• 6110RESISTANCE

• 5750

• 5650SUPPORT

Page 5: Daily agri news letter bytheequicom financial research pvt. ltd. 17 may2013

SOYABEAN (JUNE)

• CONSOLIDATE

• SELL ON HIGHS

TREND

STRATEGY

• 3970

• 3980RESISTANCE

• 3830

• 3790SUPPORT

Page 6: Daily agri news letter bytheequicom financial research pvt. ltd. 17 may2013

RMSEED (JUNE)

• CONSOLIDATE

• BUY ON DIPS

TREND

STRATEGY

• 3550

• 3560RESISTANCE

• 3490

• 3480SUPPORT

Page 7: Daily agri news letter bytheequicom financial research pvt. ltd. 17 may2013

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