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Commodities Daily Technical Report

Tuesday| January 01, 2013

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


Tuesday| January 01, 2013

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 Sideways S2 14570 33780 6550 6080 5350 993 S1 14640 34040 6670 6150 5440 1007 LTP 14710 34300 6798 6216 5489 1021.70 R1 14820 34530 6870 6250 5570 1030 R2 14930 34760 6950 6300 5650 1040

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 Down Sideways Down Up Up 3160 4100 687 425 3590 3185 4135 692 431 3645 3203 4165 695.80 435.80 3699 3235 4210 703 441 3735 3270 4250 710 446 3770

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 Down Down Sideways Sideways Sideways Down Sideways Sideways Sideways Sideways Up 3785 3220 965 16430 1360 1085 1580 1350 1320 1399 748 3820 3230 975 16490 1370 1092 1588 1360 1335 1415 760 3852 3238 982 16560 1379 1098 1592 1371 1350 1432.80 767.50 3885 3250 990 16620 1392 1105 1600 1378 1370 1445 780 3920 3260 1000 16740 1405 1115 1610 1385 1384 1460 790

Recommendations CHILLIGTR NCDEX Jan Contract

Recommendations GUR NCDEX Jan Contract

On the daily chart, price closed trading above 10 & 20 EMA and MACD flattening. Intraday Strategy: Buy NCDEX CHILLIGTR Jan between 6160-6170, SL 6040, Target 6340

On the daily chart, price action completed 6 weeks head & shoulder pattern closing below the neckline. Additionally, prices trading below 10 & 20 EMA and MACD negative. Intraday Strategy: Sell NCDEX GUR Jan between 1102-1105, SL 1118, Target 1080

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