Commodities Daily Technical Report

Monday| December 10, 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

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Commodities Daily Technical Report

Monday| December 10, 2012

Agricultural Commodities
Technical Levels
Commodity Exchange NCDEX NCDEX NCDEX NCDEX NCDEX MCX Contract March Feb April March Jan Dec Trend Sideways Sideways Up Sideways Up Up S2 14900 33300 5800 6180 5150 989 S1 15030 33600 5880 6245 5200 998 LTP 15177.50 34065 5956 6288 5247 1007.20 R1 15300 34400 6044 6330 5325 1021 R2 15425 34740 6132 6390 5380 1035

Spice Complex
Jeera Pepper Turmeric Chilli Coriander Cardamom

Soybean Mustard Seed Ref Soy Oil CPO Castor seed

NCDEX NCDEX NCDEX MCX NCDEX

Jan Jan Jan Jan Jan

Sideways Down Down Down Down

3200 4135 693 399 3492

3230 4155 701 404 3515

3262 4198 706.65 410.50 3550

3290 4225 712 414 3578

3318 4250 715 418 3600

Chana Sugar Kapas Cotton Cotton Oilseed Cake Gur Wheat Maize Barley Mentha Potato

NCDEX NCDEX NCDEX MCX NCDEX NCDEX NCDEX NCDEX NCDEX MCX MCX

Jan Jan April Dec Jan Jan Jan Jan Jan Dec Mar

Down Up Up Up Up Up Up Up Sideways Up Down

3925 3270 974 16260 1400 1122 1588 1445 1457 1432 708

3950 3282 982 16340 1412 1127 1594 1458 1467 1446 712

3989 3295 991 16420 1424 1134 1602 1474 1475.50 1462.80 718.50

4020 3311 1003 16560 1439 1144 1614 1492 1493 1480 722

4060 3327 1014 16730 1455 1151 1625 1508 1504 1498 726

Recommendations
Chana NCDEX Jan Contract

Recommendations
Mentha Oil MCX Dec Contract

On the daily Chart, prices are trading below 10 and 20 day EMA (Exponential Moving Average) and MACD is also in the negative territory which indicates bearish sentiments. Intraday Strategy: Sell NCDEX Chana Jan between 4015-4020, SL 4062, Target 3950 / 3925

On the daily Chart, prices are trading above 10 and 20 day EMA (Exponential Moving Average) and MACD is in the positive territory which indicates bullish market sentiments. Intraday Strategy: Buy MCX Mentha oil Dec between 1446-1448, SL 1428 Target 1478 / 1495

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