Commodities Daily Technical Report

Thursday| January 10, 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

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Commodities Daily Technical Report

Thursday| January 10, 2013

Agricultural Commodities
Technical Levels
Commodity Exchange NCDEX NCDEX NCDEX NCDEX NCDEX MCX Contract March Feb April March April Feb Trend Down Up Down Sideways Down Down S2 13830 34560 6520 6220 6600 1010 S1 13970 34840 6610 6290 6700 1014 LTP 14117.50 35150 6638 6362 6790 1026.20 R1 14350 35290 6760 6470 6850 1027 R2 14490 35460 6860 6600 6950 1035

Spice Complex
Jeera Pepper Turmeric Chilli Coriander Cardamom

Oil Complex
Soybean Mustard Seed Ref Soy Oil CPO Castor seed NCDEX NCDEX NCDEX MCX NCDEX Feb April Feb Jan Feb Up Up Up Sideways Up 3100 3520 687 435 3685 3145 3535 693 437 3740 3181 3550 698.55 442.20 3788 3210 3570 702 447 3860 3240 3600 706 450 3930

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 April Feb April Jan Feb March Feb Feb April Jan Mar Down Down Sideways Sideways Up Up Sideways Sideways Up Sideways Sideways 3540 3240 930 16240 1365 1090 1480 1380 1445 1385 775 3560 3250 938 16320 1374 1095 1490 1390 1460 1400 785 3574 3258 942 16430 1381 1099 1498 1396 1482 1412.30 791.40 3600 3265 950 16500 1390 1103 1515 1410 1505 1430 804 3630 3270 960 16600 1400 1109 1530 1425 1530 1456 812

Recommendations JEERA NCDEX March Contract

Recommendations BARLEY NCDEX April Contract

On the daily chart, price is trading below 20 EMA and MACD negative. Price closed below support of 14400 Intraday Strategy: Sell NCDEX Jeera March between 14250-14280, SL 14490, Target 13950

On the daily chart, price rallied sharply closing above 20 EMA and MACD turned positive. After trading sideways Barley gained momentum with volumes making a 20 day high. Intraday Strategy: Buy NCDEX Barley April between 1465-1470, SL 1435, Target 1505

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