agri daily report 2 may 2013

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Daily Newsletter- AGRI COMMODITY 2 MAY 201 3

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Agri daily report 2 may 2013

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Page 1: Agri daily report 2 may 2013

Daily Newsletter- AGRI COMMODITY

2 MAY 2013

Page 2: Agri daily report 2 may 2013

MARKET WRAP

� Dhaniya crashed 1.19 % on concerns of higher supply in market.

� Soyabean up 0.98 % @3914.50 but refined soya oil down 3.90 %.

� Jeera witnessed up 0.80 % on adequate stocks.

Turmeric up 0.44% due to increasing demand in market. Black pepper close virtually flat consolidating amid diminishing volume. rmseed remains weak due to continuous supply of the commodity in domestic markets.

DAILY MARKET UPDATE:-

COMMODITY P.CLOSE LAST CLOSE NET CHANGE % CHANGE

SOYABEAN ( 20MAY2013 ) 3876.50 3914.50 38.00 0.98

REFINED SOYOIL ( 20MAY2013 ) 721.50 717.60 -3.90 0.54

DHANIYA ( 20MAY2013 ) 6951.00 6868.00 -83.00 -1.19

JEERA ( 20MAY2013 ) 12807.50 12910.00 102.50 0.80

TURMERIC ( 20MAY2013 ) 6370.00 6398.00 28.00 0.44

CHANA ( 20MAY2013 ) 3409.00 3433.00 24.00 0.70

PEPPER ( 20MAY2013 ) 35405.00 35580.00 175.00 0.49

RMSEED ( 20MAY2013 ) 3452.00 3452.00 0.00 0.00

CASTORSEED ( 20MAY2013 ) 3282.00 3326.00 44.00 1.34

COCUD ( 20MAY2013 ) 1391.00 1403.00 12.00 0.86

Page 3: Agri daily report 2 may 2013

TECHNICAL VIEW

CHANA (MAY)

• CONSOLIDATE

• SELL ON HIGHS

TREND

STRATEGY

• 3480

• 3500RESISTANCE

• 3390

• 3360SUPPORT

Page 4: Agri daily report 2 may 2013

TURMERIC (MAY)

• CONSOLIDATE

• BUY ON DIPS

TREND

STRATEGY

• 6490

• 6560RESISTANCE

• 6270

• 6240SUPPORT

Page 5: Agri daily report 2 may 2013

SOYABEAN (MAY)

• CONSOLIDATE

• SELL ON HIGH

TREND

STRATEGY

• 4020

• 4070RESISTANCE

• 3850

• 3780SUPPORT

Page 6: Agri daily report 2 may 2013

RMSEED (MAY)

• CONSOLIDATE

• SELL ON HIGH

TREND

STRATEGY

• 3500

• 3530RESISTANCE

• 3410

• 3410SUPPORT

Page 7: Agri daily report 2 may 2013

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