DAILY AGRI REPORT 12th SEPTEMBER 2012

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 HEADLINES
NCDEX Chana plunges on higher output concerns Chana futures in NCDEX continued downtrend on Tuesday as traders booked profits on the back of higher production concerns due to improved rains along with sluggish domestic demand. Chana in NCDEX October contract traded in the afternoon session at Rs.4523 per quintal,fell by 4% and open interest of the same stood at 89180 lots for the time being. MCX Cardamom to continue bearish trend on arrival pressure Cardamom futures in India extended downtrend on higher arrivals from the producing regions amid subdued spot demand. Cardamom spot price ticked higher on hopes of coming festive demand. However

Trading tip: Sell Mentha Oil Sep below 1312 for Targets 1307/1295 SL 1325

Previous tip: Buy Pepper Oct. Above 43250 For TGTS 43490/43790 SL- 42850 NOT EXECUTED

the increasing arrivals in the market could limit gains.

EXPERT OPINION
STOCK CHANA RM SEED SOYABEAN JEERA S1 4478 4027 3690 13930 S2 4410 3971 3627 13755 R1 4593 4133 3797 14275 R2 4655 4192 3853 14455

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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 KAPAS REF SOYA PEPPER SOY BEAN REF SOYA TURMERIC SOY BEAN WHEAT TURMERIC WHEAT

7/19/2012 EXP DATE 7/19/2012 10/19/2012 7/19/2012 10/19/2012 7/19/2012 11/20/2012 7/19/2012 10/19/2012 7/19/2012 2/28/2013 7/19/2012 10/19/2012 7/19/2012 10/19/2012 7/19/2012 10/19/2012 7/19/2012 10/19/2012 10/19/2012

4556

DAILY MARKET STATISTICS

4573 4525 4560 HIGH 5060 4707 1188 5350 14960 1223.5 1053 14195 42555 990 783.6 42900 4330 780.5 4676 3748 1282 5710 1550 LOW 5018 4523 1178 5286 14650 1210 1035 13937.5 42250 982 777.4 42370 4265.5 772.8 4518 3681 1251 5458 1535 CLOSE 5120 4711 1183.5 5302 15052.5 1218.5 1049 14032.5 42390 986 782.85 42895 4303 784.1 4664 3758.5 1246 5640 1546

4532 LTP 5018

-28 CHANGE -102 -188 -5.5 22 -252.5 -1.5 -8 67.5 45 4 -1.55 -300 12 -5.6 -124 -10.5 36 60 -2

-0.61 PERCENTAGE -1.99 CHANGE -3.99 -0.46 0.41 -1.68 -0.12 -0.76 0.48 0.11 0.41 -0.2 -0.7 0.28 -0.71 -2.66 -0.28 2.89 1.06 -0.13

OPEN 5060 4707 1188 5304 14955 1219 1044 14140 42300 984 780.5 42900 4309 780.5 4600 3738 1251 5600 1543

4523 1178 5324 14800 1217 1041 14100 42435 990 781.3 42595 4315 778.5 4540 3748 1282 5700 1544

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 DAILY SOYABEAN CHART

ANALYSIS
OPEN: 3770 HIGH: 3816 LOW: 3720 CLOSE: 3807

SOYABEAN LOOKS SIDEWAYS TREND: CONSOLIDATE STRATEGY: BUY ON DIPS

 DAILY CHANA CHART

ANALYSIS
OPEN: 4707 HIGH: 4707 LOW: 4523 CLOSE: 4523

CHANA LOOKS DOWNWARD TREND: BEARISH STRATEGY: SELL ON RISE

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