Professional Documents
Culture Documents
Market Wrap-Up
Castor Seed 20-Apr-18 4085 4090 4149 4072 4134 1.20% -0.31% 23.65%
Chana 20-Apr-18 3584 3610 3788 3610 3769 5.16% -7.66% 7.65%
Dhaniya 20-Apr-18 4989 5020 5075 4972 5028 0.78% -3.29% 87.63%
Cottonseed Oil
20-Apr-18 1407.00 1408.00 1416.50 1380.00 1386.00 -1.49% 4.96% 119.23%
Cake
Guargum5 20-Apr-18 8835 8882 8950 8650 8823 -0.14% -0.43% 69.64%
Guarseed10 20-Apr-18 4157.50 4171.00 4202.00 4045.00 4119.50 -0.91% -0.69% 23.97%
Jeera 20-Apr-18 14820 14865 14880 14370 14520 -2.02% 0.26% 21.42%
Kapas 30-Apr-18 883.00 883.50 902.00 878.00 894.50 1.30% -4.47% -0.08%
RMseed 20-Apr-18 3953 3984 4025 3963 4011 1.47% 13.75% -23.78%
Ref Soya Oil 20-Apr-18 780.15 780.40 781.85 773.30 779.00 -0.15% 5.41% 2.15%
Soyabean 20-Apr-18 3684 3720 3766 3705 3756 1.95% -3.61% -3.13%
Turmeric 20-Apr-18 6678 6666 6736 6500 6614 -0.96% -0.93% -35.85%
Mentha Oil 30-Apr-18 1267.70 1257.00 1356.00 1233.30 1305.50 2.98% -2.40% -4.57%
LME Inventory
Closing In Tonnes Closing In Tonnes
Commodity % Change in Price
(As on 29rd Mar 2018) (As on 23rd Mar 2018)
Continued…….
4 Copyright © 2018 Ways2Capital. All rights reserved 02/04/2018
Inventory Updates
Continued…….
6 Copyright © 2018 Ways2Capital. All rights reserved 02/04/2018
Market Next Week
Crude Oil 19-Apr-18 4531 4381 4308 4231 4158 4081 3931
Natural Gas 26-Mar-18 195.15 186.15 182.8 177.15 173.8 168.15 159.15
Castor Seed 20-Apr-18 4272 4195 4165 4118 4088 4041 3964
Cottonseed Oil Cake 20-Apr-18 1467 1431 1408 1394 1372 1358 1321
Ref Soya Oil 20-Apr-18 795 787 783 778 774 770 761
Mentha Oil 28-Mar-18 1544 1421 1363 1298 1241 1176 1053
BULLION
Gold futures titled lower in American trade away from February 16 highs, even as
the dollar index lost ground following data from the US the world's largest econ-
omy. Gold holdings at SPDR Gold Trust the world's largest gold-backed investment
fund settled at 846.12 tonnes on Wednesday the lowest since March 16, after ris-
ing 3%, or 23.63 tonnes in 2017, while gold prices rose 13% last year the second
yearly rise in a row.
BASE METALS
Base metals traded on the Shanghai Futures Exchange were broadly stronger dur-
ing Asian morning trading on Thursday March 29, with positive data from the
United States overnight and a continued decline in geopolitical risk providing sup-
port. Lead and zinc prices were the laggards both little changed with a slightly
weaker bias while copper led the rest of the complex higher.
ENERGY
US crude stocks showing a build up of 1.6 million barrels in the week ending March
23, compared to a 2.6M draw down in the previous reading and beating expecta-
tions of a 0.5M increase with total stocks now rising to 429.9 million barrels re-
maining within the medium term on average in this time of year. The Energy Infor-
mation Administration released its report on US natural gas storage showing an-
other drawdown of 63 billion cubic feet the week ending March 12, down from 86
SPICES
Jeer traded sideways last week ahead of the long weekend and financial year
ending as most mandis remained closedthus adversely affecting the trading.
Markets are however likely to open on a firm note as traders anticipate the
demand to rise significantly on the export and domestic front.
Low trading activities in mandis ahead of Financial year ending kept pressure
on Turmeric prices last week. Prices faced strong resistance near the 7000
mark. However falling arrivals amidst rise in demand at these lower levels are
likely to support prices in coming weeks.
Trade sources estimated that last year total area under Mentha planting
had fallen by 20% to 1.75 lakh ha this season resulting into a proportionate
drop in Mentha oil production .
The recent week passed on easy note and buying interest was poor mainly
because of reports of soy bean import deals from African markets. All in all
the long term fundamentals are bullish therefore a moderate recovery was
noted. Moving forward bullish tone in soy meal shall continue helping prices
to bounce from support levels.
GUAR COMPLEX
Even as Guar ended on a weak note last week from lower trading from Finan-
cial year ending and with IMD recent bulletin on possibilities of good Mon-
soon this year markets are expected to bounce back this week.
OTHERS
RM seed trade sentiments overall remain bearish and reports of new season
arrivals in regions of Rajasthan are likely to weigh over futures prices in com-
ing sessions. Nevertheless from a broader perspective bullish outlook soy
bean and palm oil higher import duty on mustard oil latest news of govern-
ment to start procurement and drop in the crop acreage shall keep the
downside in check. Prices stabilized at these lower levels for Cotton / Kapas
as reports of an expected lowering of production from crop damage in India
could lend some support to prices. Firmness in International markets could
support Indian prices this.
SILVER
As we can see market is trading in tight range of 39500 to 38000 from last couple of months. And market is getting back
from the level of 38000 reacted as a demand zone and investors are looking interested to buy Silver from lower level.
Technically for this week, we can expect upside movement in it as it was unable to break major support level of 38600
and trading with positive bias. For this week, if it breaks the level of 39000 then it can test the level of 39300 during the
week. One can make buy position in it by maintaining a SL 38400.
WEEKLY STRATEGY
PERTICULAR DETAILS
Action Buy
Target 38800.00
SL 38400.00
LEAD
Last week Lead Apr Futures started the week on positive note and made a high of 158.30. Technically for this week, we
can expect positive movement in it as it was unable to sustain below the major support level of 155 and trading above
the 200Days EMA. For this week, if it breaks the level of 157.60 then it can test the level of 159.60 during the week.
One can make buy position in it by maintaining a SL 156.60.
WEEKLY STRATEGY
PERTICULAR DETAILS
Action Buy
Target 159.60
SL 156.60
The main trend of Turmeric is bearish on charts. Last week Turmeric Apr Futures started the week on positive note and
found enough resistance at the level of 6700 and continue its main movement for the most part of the week. It made a
high of 6736 during the week and closed at 6614 with the overall loss of 0.96% on weekly basis. Technically for this
week, we can expect downside movement in it as it sustaining below the major psychological support level of 6500 with
the negative bias. For this week, if it breaks the level of 6440 then it can test the level of 6195 during the week. One can
make sell position in it by maintaining a SL 6592.
WEEKLY STRATEGY
PERTICULAR DETAILS
Action Sell
Target 6195
SL 6592
CHANA
Last week Chana Apr Futures started the week on positive note and after that it witnessed positive movement for the
most part of the week. It made a high of 3788 during the week and closed at 3769 with the overall gain of 5.16% on
weekly basis. Technically for this week, we can expect upside movement in it as its sustaining above the major psycho-
logical resistance level of 3700 with the positive bias. For this week, if it breaks the level of 3800 then it can test the
level of 3930 during the week. One can make buy position in it by maintaining a SL 3728
WEEKLY STRATEGY
PERTICULAR DETAILS
Action Buy
Target 3930
SL 3728
Last week GBPINR Apr Futures started the week on positive note and after that it witnessed choppy movement for the
most part of the week. It made a high of 92.7050 during the week and closed at 92.5250 with the overall gain of 0.30%
on weekly basis. Technically for this week, we can expect upside movement in it as its sustaining above the major psy-
chological resistance level of 92.000 with the positive bias. For this week, if it breaks the level of 92.8000 then it can test
the level of 93.3975 during the week. One can make buy position in it by maintaining a SL 92.3975.
WEEKLY STRATEGY
PERTICULAR DETAILS
Action Buy
Target 93.3975
SL 92.3975
EURINR
Last week EURINR Apr Futures started the week on positive note and after that it witnessed choppy movement for the
most part of the week. It made a high of 81.1900 during the week and closed at 81.1100 with the overall gain of 0.55%
on weekly basis. Technically for this week, we can expect upside movement in it as it sustaining above the major psy-
chological resistance level of 80.0000 with the positive bias. For this week, if it breaks the level of 81.2000 then it can
test the level of 81.6975 during the week. One can make buy position in it by maintaining a SL 80.8475.
WEEKLY STRATEGY
PERTICULAR DETAILS
Action Sell
Target 81.6975
SL 80.8475
DISCLOSURE (प्रकटीकयण) :
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issuer of products/ securities, this ensures that there is no actual or potential conflicts of interest. To ensure compliance with the regulatory body, we have resolved that the company
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हाई ब्रो भाकेट अनुसंधान ननवेश सराहकाय प्राइवेट लरलभटे ड मा उसके सहमोगी कंऩननमां अनुसंधान रयऩोटा भें शालभर कंऩननमों के साथ कायोफाय नहीं कयती हैं औय न ही ककसी बी तयह के उत्ऩादों / प्रनतबूनतमों के
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औय उसके कोई बी प्रनतननधध फाज़ाय भें ट्रे ड नहीं कयें गे।
Clients are advised to consider information provided in the report as opinion only & make investment decision of their own. Clients are also advised to read & understand terms &
conditions of services published on website. No litigations have been filed against the company since the incorporation of the company by regulatory body.
ग्राहकों को मह सराह दी जाती है कक वे रयऩोटा भें दी गई जानकायी को केवर याम के रूऩ भें दे खें औय ननवेश के लरए स्वमं पैसरा कयें | ग्राहकों को वेफसाइट ऩय प्रकालशत सेवाओं के ननमभों औय शतों को ऩढ़ने औय
सभझने की बी सराह दी जाती है | कंऩनी के ननगभन के फाद ननमाभक ननकाम द्वायाकंऩनी के खखराप कोई भुकदभा (माधचका) दामय नहीं ककमा गमा है ।