Weekly agri report by epic research 04 aug 2014

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  • WEEKLY AGRI REPORT 04-AUG-2014
  • NCDEX WEEKLY Newsletter 4 AGRI COMMODITY WEEKLY WRAP UP..!!!! CHANA FUTURE Chana futures traded on a negative note on long liquidation. Revival of monsoon and a sharp increase in the sowing of kharif pulses kept prices under downside pressure and settled 2.33% lower. Prices gained earlier this month on demand from the millers coupled with festive demand and declining arrival pressure. SOYABEAN FUTURE Soybean futures opened higher on short coverings at lower levels coupled with tight supplies of the old crop. However, a pickup in the sowing of soybeans and revival of monsoon capped the upside and settled 0.14% higher. The spot continued to remain weak and declined 2.46%. CORIANDER FUTURE Coriander futures are seen trading higher on reports of limited arrivals in the domestic market. On Wednesday, total arrivals of coriander in major spot markets in Rajasthan were around 11000 bag . However, reports of crop damage in Romania and negligible stock in domestic market may keep coriander prices higher. Projected decline in coriander production in Indiacompared to last year might too push up coriander prices. JEERA FUTURE Jeera futures declined for the third straight session on weak demand as buyers are waiting for lower levels to initiate fresh buying. Record output and huge carryover stocks also added to the downside pressure and settled 0.84% lower. Geo-political tensions in Syria and Turkey have led to a supply crunch in the global markets raising supply concerns from the two major exporting countries. Export orders are diverted to India. Production is also expected to fall in Syria and Turkey due to crop failure 2 | P a g e WWW.EPICRESEARCH.CO CALL: +917316642300
  • NCDEX WEEKLY Newsletter 4 NCDEX WEEKLY TECHNICAL LEVELS DHANIYA 4 HOURLY CANDLESTICK CHART R2-12064 R1-11988 PP-11860 S1-11784 S2-11656 TRADING STRATEGY: BUY DHANIYAAUG ABOVE 12040 TGTS 12140,12240 SL 11920 SELL DHANIYAAUG BELOW 11675 TGTS 11575,11475 SL 11795 3 | P a g e WWW.EPICRESEARCH.CO CALL: +917316642300
  • NCDEX WEEKLY Newsletter 4 NCDEX WEEKLY TECHNICAL LEVELS GUARSEED 4 HOURLY CANDLESTICK CHART R2-5190 R1-5100 PP-5025 S1-4935 S2-4860 TRADING STRATEGY: BUY GUARSEED AUG ABOVE 5150 TGTS 5250,5350 SL 5030 SELL GUARSEED AUG BELOW 4995 TGTS 4895,4795 SL 5115 4 | P a g e WWW.EPICRESEARCH.CO CALL: +917316642300
  • NCDEX WEEKLY Newsletter 4 NCDEX WEEKLY TECHNICAL LEVELS JEERA 4 HOURLY CANDLESTICK CHART R2-11387 R1-11313 PP-11247 S1-11173 S2-11107 TRADING STRATEGY: BUY JEERAAUG ABOVE 11480 TGTS 11630,11830 SL 11260 SELL JEERAAUG BELOW 11130 TGTS 10980,10780 SL 11350 5 | P a g e WWW.EPICRESEARCH.CO CALL: +917316642300
  • NCDEX WEEKLY Newsletter 4 DISCLAIMER The information and views in this report, our website & all the service we provide are believed to be reliable, but we do not accept any responsibility (or liability) for errors of fact or opinion. Users have the right to choose the product/s that suits them the most. Sincere efforts have been made to present the right investment perspective. The information contained herein is based on analysis and up on sources that we consider reliable. This material is for personal information and based upon it & takes no responsibility The information given herein should be treated as only factor, while making investment decision. The report does not provide individually tailor-made investment advice. Epic research recommends that investors independently evaluate particular investments and strategies, and encourages investors to seek the advice of a financial adviser. Epic research shall not be responsible for any transaction conducted based on the information given in this report, which is in violation of rules and regulations of NSE and BSE. The share price projections shown are not necessarily indicative of future price performance. The information herein, together with all estimates and forecasts, can change without notice. Analyst or any person related to epic research might be holding positions in the stocks recommended. It is understood that anyone who is browsing through the site has done so at his free will and does not read any views expressed as a recommendation for which either the site or its owners or anyone can be held responsible for . Any surfing and reading of the information is the acceptance of this disclaimer. All Rights Reserved. Investment in equity & bullion market has its own risks. We, however, do not vouch for the accuracy or the completeness thereof. we are not responsible for any loss incurred whatsoever for any financial profits or loss which may arise from the recommendations above epic research does not purport to be an invitation or an offer to buy or sell any financial instrument. Our Clients (Paid or Unpaid), Any third party or anyone else have no rights to forward or share our calls or SMS or Report or Any Information Provided by us to/with anyone which is received directly or indirectly by them. If found so then Serious Legal Actions can be taken. 6 | P a g e WWW.EPICRESEARCH.CO CALL: +917316642300
  • NCDEX WEEKLY Newsletter 4 CONTACT US: WWW.EPICRESEARCH.CO Epic Research Private Limited Corporate Office 411 Milinda Manor (Suites 409 - 417) 2 RNT MargOpp Central Mall Indore (M.P.) Hotline: +91 731 664 2300 / 2427 / 2230 Alternate: +91 731 664 2320 / 2226 +91 97521 99966 Or give us a missed call at 026 5309 0639 7 | P a g e WWW.EPICRESEARCH.CO CALL: +917316642300