Commodities Daily Technical Report

Friday| November 2, 2012

Agricultural Commodities

Content
Technical Levels Strategy/Recommendations

Anuj Choudhary Research Analyst

anuj.choudhary@angelbroking.com
(022) 2921 2000 Extn. 6132

Angel Commodities Broking Pvt. Ltd. Registered Office: G-1, Ackruti Trade Centre, Rd. No. 7, MIDC, Andheri (E), Mumbai - 400 093. Corporate Office: 6th Floor, Ackruti Star, MIDC, Andheri (E), Mumbai - 400 093. Tel: (022) 2921 2000 MCX Member ID: 12685 / FMC Regn No: MCX / TCM / CORP / 0037 NCDEX : Member ID 00220 / FMC Regn No: NCDEX / TCM / CORP / 0302

Disclaimer: The information and opinions contained in the document have been compiled from sources believed to be reliable. The company does not warrant its accuracy, completeness and correctness. The document is not, and should not be construed as an offer to sell or solicitation to buy any commodities. This document may not be reproduced, distributed or published, in whole or in part, by any recipient hereof for any purpose without prior permission from Angel Commodities Broking (P) Ltd. Your feedback is appreciated on commodities@angelbroking.com

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Commodities Daily Technical Report

Friday| November 2, 2012

Agricultural Commodities
Technical Levels
Commodity Exchange Contract Trend S2 S1 LTP R1 R2

Spice Complex
Jeera Pepper Turmeric Chilli Coriander Cardamom NCDEX NCDEX NCDEX NCDEX NCDEX MCX Nov Nov Nov Nov Nov Nov Down Sideways Sideways Down Down Down 13760 42300 5010 4800 4220 774 13920 42580 5060 4855 4280 786 14075 42805 5114 4910 4320 800 14225 43150 5168 4960 4365 812 14350 43480 5250 5010 4407 820

Oilseed Complex
Soybean Mustard Seed Ref Soy Oil CPO Castor seed NCDEX NCDEX NCDEX MCX NCDEX Nov Nov Nov Nov Nov Up Sideways Up Sideways Down 3295 4115 680 426 3430 3332 4160 688 432 3475 3369 4205 693.75 436.70 3510 3405 4240 698 442 3545 3438 4270 705 446 3565

Others
Chana Sugar Kapas Kapas Cotton Cotton Oilseed Cake Gur Wheat Maize Barley Mentha Potato NCDEX NCDEX NCDEX MCX MCX NCDEX NCDEX NCDEX NCDEX NCDEX MCX MCX MCX Nov Nov April 2013 April 2013 Nov Dec Nov Nov Nov Nov Nov Mar Sept Down Up Down Down Down Sideways Up Up Up Sideways Sideways Sideways 4525 3358 950 948 15770 1404 1101 1565 1274 1288 1175 722 4575 3375 960 959 15950 1418 1108 1575 1285 1300 1191 730 4633 3394 976.50 974.90 16100 1433 1119 1588 1296 1315 1202.20 736.80 1357.20 4665 3420 987 984 16230 1448 1130 1602 1310 1335 1218 742 1370 4700 3438 998 995 16350 1462 1142 1613 1324 1353 1229 749 1382

Recommendations Mentha
Jeera

Recommendations Sideways 1333 1345

Mentha oil

NCDEX November Contract

MCX November Contract

On the daily Chart, Jeera prices closed below its 10 & 20 day EMA (Exponential Moving Average) which indicates bearish market sentiments. MACD is in the negative territory, which indicates further downside. Intraday Strategy: Sell NCDEX November Jeera between 14200-14220, SL-14360, Target- 13950/13780.

On the daily Chart, Mentha oil prices closed above its 10 & 20 day EMA (Exponential Moving Average) which indicates bullish market sentiments. MACD is in the positive territory, which indicates further upside. Intraday Strategy: Buy MCX November Mentha oil between 1191-1192, SL-1174, Target- 1218/1229.

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