Daily agri news letter bytheequicom financial research pvt. ltd. 17 may2013
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Transcript of Daily agri news letter bytheequicom financial research pvt. ltd. 17 may2013
Daily Newsletter- AGRI COMMODITY
17 MAY 2013
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
TECHNICAL VIEW
CHANA (JUNE)
• CONSOLIDATE
• BUY ON DIPS
TREND
STRATEGY
• 3470
• 3500RESISTANCE
• 3400
• 3370SUPPORT
TURMERIC (JUNE)
• CONSOLIDATE
• BUY ON DIPS
TREND
STRATEGY
• 6050
• 6110RESISTANCE
• 5750
• 5650SUPPORT
SOYABEAN (JUNE)
• CONSOLIDATE
• SELL ON HIGHS
TREND
STRATEGY
• 3970
• 3980RESISTANCE
• 3830
• 3790SUPPORT
RMSEED (JUNE)
• CONSOLIDATE
• BUY ON DIPS
TREND
STRATEGY
• 3550
• 3560RESISTANCE
• 3490
• 3480SUPPORT
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