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Daily agri-report 16 may 2013

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Daily agri-report 16 may 2013

  1. 1. DAILY AGRI REPORT16THMAY 2013WWW.EPICRESEARCH.CO +91 9752199966
  2. 2. www.epicresearch.co +91 9752199966 HEADLINESChana future falls on poor demand .Chana continued to rule sluggish in Indore mandis amid poordemand for pulses and ‘besan’ from the millers. In Indore mandis,chana (Kanta) ruled steady at Rs 3,350-75 a quintal, while chana(desi) ruled at Rs 3,150-75 . Chana (Annagiri) ruled at Rs 3,100-50,chana (masumi) at Rs 3,300, chana (kaktu) at Rs 2,700-3,000,chana (vishal) at Rs 3,100-50, while Kabuli Bitki ruled at Rs 3,000-3,100 a quintal.Jeera futures down o.3% on export demandJeera prices fell by 0.28% to Rs 13,225 per quintal in futuresmarket today as speculators reduced their exposures amidrising supplies in the spot market. Besides, weak exportdemand also put pressure on prices. At the NationalCommodity and Derivatives Exchange (NCDEX), jeera fordelivery in June fell Rs 37.50, or 0.28% to Rs 13,225 per quintalwith an open interest of 14,082 lots..EXPERT OPINIONSTOCK S1 S2 R1 R2CHANA 3,400 3,340 3,470 3,500RM SEED 3,470 3440 3550 3580SOYABEAN 3900 3850 3970 4000JEERA 13050 12900 13350 13500 Trading tip:Sell castorseed Junebelow 3436 tg 3406,3356 sl 3480Buy dhaniya juneAbove 6935TGTS- 6965/7000SL-6900www.epicresearch.co +91 9752199966
  3. 3.  DAILY SOYABEAN CHARTANALYSISOPEN: 3930HIGH: 3942LOW: 3925CLOSE: 3933 SOYABEAN LOOKS SIDEWAYS TREND: BULLISH STRATEGY: BUY ON DIPSwww.epicresearch.co +91 9752199966
  4. 4.  DAILY CHANA CHARTANALYSISOPEN: 3420HIGH: 3440LOW: 3420CLOSE: 3433 CHANA LOOKS SIDEWAYS TREND: BEARISH STRATEGY: SELL ON RISEwww.epicresearch.co +91 9752199966
  5. 5. DisclaimerThe information and views in this report, our website & all the service we provide are believed to be reliable, butwe do not accept any responsibility (or liability) for errors of fact or opinion. Users have the right to choose theproduct/s that suits them the most.Sincere efforts have been made to present the right investment perspective. The information contained herein isbased on analysis and up on sources that we consider reliable.This material is for personal information and based upon it & takes no responsibilityThe information given herein should be treated as only factor, while making investment decision. The report doesnot provide individually tailor-made investment advice. Epic research recommends that investors independentlyevaluate 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 informationherein, together with all estimates and forecasts, can change without notice. Analyst or any person related to epicresearch might be holding positions in the stocks recommended. It is understood that anyone who is browsingthrough the site has done so at his free will and does not read any views expressed as a recommendation forwhich either the site or its owners or anyone can be held responsible for . Any surfing and reading of theinformation 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 lossincurred whatsoever for any financial profits or loss which may arise from the recommendations above epicresearch does not purport to be an invitation or an offer to buy or sell any financial instrument. Our Clients (PaidOr Unpaid), Any third party or anyone else have no rights to forward or share our calls or SMS or Report or AnyInformation Provided by us to/with anyone which is received directly or indirectly by them. If found so thenSerious Legal Actions can be taken.www.epicresearch.co +91 9752199966

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