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Commodities Daily Technical Report

Friday| December 28, 2012

Agricultural Commodities

Content
Technical Levels Strategy/Recommendations

Dhanik Shah Sr Technical Analyst


Dhanik.Shah@angelbroking.com (022) 2921 2000 Extn. 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 Broking (P) Ltd. Your feedback is appreciated on commodities@angelbroking.com

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Commodities Daily Technical Report


Friday| December 28, 2012

Agricultural Commodities
Technical Levels
Commodity Exchange NCDEX NCDEX NCDEX NCDEX NCDEX MCX Contract March Feb April March Jan Jan Trend Down Down Up Up Up Up S2 14620 33640 6420 6010 5235 1025 S1 14720 33990 6500 6090 5265 1034 LTP 14825 34315 6584 6162 5296 1044.40 R1 14950 34520 6630 6220 5345 1050 R2 15080 34700 6700 6270 5390 1060

Spice Complex
Jeera Pepper Turmeric Chilli Coriander Cardamom

Oil Complex
Soybean Mustard Seed Ref Soy Oil CPO Castor seed NCDEX NCDEX NCDEX MCX NCDEX Jan Jan Jan Jan Jan Sideways Sideways Sideways Up Down 3165 4090 688 422 3495 3195 4125 694 428 3570 3225.50 4151 699.90 432.80 3633 3250 4185 705 439 3670 3280 4215 710 445 3710

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 Jan Jan April Jan Jan Jan Jan Jan Jan Jan Mar Sideways Down Down Down Sideways Up Down Down Down Up Up 3850 3230 988 16500 1353 1100 1575 1345 1315 1425 750 3885 3245 995 16560 1365 1109 1581 1355 1335 1440 754 3915 3260 1004 16610 1377 1113 1588 1366 1351.50 1464.70 756 3940 3270 1015 16700 1390 1120 1595 1384 1370 1490 765 3980 3290 1025 16790 1405 1130 1605 1400 1390 1510 770

Recommendations CHILLI NCDEX March Contract

Recommendations Mentha MCX Jan Contract

On the daily Chart, CHILLI cleared last 3 days consolidation closing above resistance of 6150. Price closed above its 10 & 20 day EMA. Intraday Strategy: Buy CHILLI NCDEX March between 6140-6150, SL 6040, Target 6300

On the daily chart, price rallied sharply after brief period of consolidation closing above its resistance of 1460. Price is trading above its 10 & 20 day EMA. Intraday Strategy: Buy MCX Mentha Jan between 1445-1447, SL 1424, Target 1485

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