DAILY AGRI REPORT 6TH MARCH 2013

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 HEADLINES
Chana remains weak on subdued local demand. Chana prices fell by Rs 28 to Rs 3,313 per quintal in futures market on rising supplies and expectations of higher in output against subdued local demand. Marketmen said supplies from the new crop have start arriving from Andhra Pradesh, Karnataka, Maharashtra and Madhya Pradesh mainly

influenced the trading sentiment. They said expectations of

Trading tip:

higher output this season against restricted buying further influenced the prices. Chilli, turmeric up on fresh buying support Red chilli and turmeric prices rose by Rs 100 per quintal here on on fresh buying by retailers and stockists amid low stocks.

Buy Soy Refined Oil Apr Around 681 TGTS- 684/688 SL-679

Fall in supplies from producing belts also supported the upside in prices. Red chilli and turmeric prices rose by Rs 100 each to settle at Rs 6,000-11,200 and Rs 6,200-10,100 per quintal, respectively.

Buy Dhaniya Apr Above 6443 TGTS-6480/6520 SL-6410

STOCK CHANA RM SEED SOYABEAN JEERA

EXPERT OPINION
S1 3,261 3,367 3,351 12840 S2 3,223 3,312 3,304 12670 R1 3,359 3,461 3,442 13220 R2 3,398 3,512 3,495 13410

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PRODUCT NAME

EXP DATE

OPEN

HIGH

LOW

CLOSE

LTP

CHG

PERCENTAGE CHANGE

CHANA PRODUCT CHILLI NAME Chana GUR Chilli JEERA Gur KAPAS Jeera PEPPER REFKapas SOYA Pepper SOY BEAN Ref Soya TURMERIC Oil Soy Bean WHEAT Turmeric Wheat New

7/19/2012 EXP DATE 7/19/2012 19-Apr-13 7/19/2012 20-Mar-13 7/19/2012 19-Jul-13 7/19/2012 19-Apr-13 7/19/2012 30-Apr-13 7/19/2012 19-Apr-13 7/19/2012 19-Apr-13 7/19/2012 19-Apr-13 7/19/2012 19-Apr-13 19-Apr-13

4556

DAILY MARKET STATISTICS

4573 4525 4560 HIGH 5060 3323 1188 6520 14960 1300 1053 13225 42555 976 783.6 35450 4330 684.2 4676 3390 1282 6206 1405 LOW 5018 3286 1178 6390 14650 1288 1035 12980 42250 957 777.4 34460 4265.5 673.75 4518 3285 1251 6096 1395 CLOSE 5120 3308 1183.5 6416 15052.5 1287 1049 13155 42390 961.5 782.85 35375 4303 673.6 4664 3279.5 1246 6174 1404

4532 LTP 5018 3313 1178

-28 CHANGE -102 5 -5.5 -6 -252.5 8 -8 -122.5 45 14 -1.55 -665 12 10.3 -124 110.5 36 -32 -1

-0.61 PERCENTAGE -1.99 CHANGE 0.15 -0.46 -0.09 -1.68 0.62 -0.76 -0.93 0.11 1.46 -0.2 -1.88 0.28 1.53 -2.66 3.37 2.89 -0.52 -0.07

OPEN 5060 3302 1188 6500 14955 1288 1044 13165 42300 964 780.5 35185 4309 675.9 4600 3285 1251 6194 1403

6410 14800 1295 1041 13032.5 42435 975.5 781.3 34710 4315 683.9 4540 3390 1282 6142 1403

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 DAILY SOYABEAN CHART

ANALYSIS
OPEN: 3285 HIGH: 3390 LOW: 3285 CLOSE: 3390

SOYABEAN LOOKS UPWARD TREND: BULLISH STRATEGY: BUY ON DIPS

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 DAILY CHANA CHART

ANALYSIS
OPEN: 3308 HIGH: 3323 LOW: 3286 CLOSE: 3313

CHANA LOOKS SIDEWAYS TREND: CONSOLIDATE STRATEGY: SELL ON RISE

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