Commodities Daily Technical Report

Friday| April 26, 2013

Agricultural Commodities

Content
Technical Levels Strategy/Recommendations

Dhanik Shah Sr. Technical Analyst

Dhanik.Shah@angelbroking.com
(022) 2921 2000 Ext. 6129

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 Brok ing (P) Ltd. Your feedback is appreciated on commodities@angelbroking.com

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Commodities Daily Technical Report

Friday| April 26, 2013

Agricultural Commodities
Technical Levels
Commodity Exchange NCDEX NCDEX NCDEX NCDEX NCDEX MCX Contract May May May June May May Trend Down Down Down Down Down Sideways S2 12800 34950 6180 6150 6550 744 S1 12900 35050 6270 6220 6630 755 LTP 12965 35250 6388 6328 6715 771.50 R1 13100 35360 6450 6400 6760 790 R2 13230 35550 6550 6520 6830 800

Spice Complex
Jeera Pepper Turmeric Chilli Coriander Cardamom

Oil Complex
Soybean Mustard Seed Ref Soy Oil CPO Castor seed NCDEX NCDEX NCDEX MCX NCDEX May May May April May Up Down Up Sideways Down 3970 3440 710 458 3340 4035 3460 715 461 3360 4072.50 3474 716.90 462.40 3387 4120 3495 722 464 3410 4160 3515 726 467 3460

Others
Chana Sugar Kapas Cotton Cotton Oilseed Cake Gur Wheat Maize Barley Mentha Potato NCDEX NCDEX NCDEX MCX NCDEX NCDEX NCDEX NCDEX NCDEX MCX MCX May May April April May July May May May April May Down Sideways Sideways Down Sideways Down Sideways Sideways Sideways Down Sideways 3445 2900 825 17100 1380 1268 1445 1150 1320 930 1000 3470 2915 837 17300 1405 1272 1460 1160 1330 945 1012 3501 2923 851 17540 1428 1279 1478 1174 1344.50 953.30 1023.50 3545 2935 860 17700 1445 1285 1490 1185 1355 975 1032 3590 2945 870 17890 1467 1295 1505 1200 1370 992 1038

Recommendations NCDEX Chilli June Contract

NCDEX Soybean May Contract

On the daily chart, price is trading below 20 day EMA and MACD is negative. Additionally price pierced downtrend line (in red) indicating bearishness. Intraday Strategy: Sell NCDEX Chilli June between 6390-6410, SL 6520, Target - 6220

On the daily chart, price is trading above 20 EMA and RSI is rising and above 50. Price pierced down trend line (in red) closing above it indicating bullishness. Intraday Strategy: Buy NCDEX Soybean May between 4030-4035, SL 3970, Target - 4125

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