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29/01/2018

301, 3rd Floor, Mangal City, Vijay Nagar, Indore Toll Free : 9009010900
29/01/2018

Oilseeds on NCDEX:
When the January crop production and World Agricultural
Supply and Demand Estimates (WADSE) reports were
released, U.S. Farm Report conducted a Twitter poll to
see how, if at all, farmers would adjust their planting
intentions for the spring after corn yielded a record high
176.1 bushels per acre. Of the 463 people who
responded, 42 percent said they would stick with a 50/50
rotation of corn and soybeans, while 18 percent said they
would replace corn with a different crop.

Spices on NCDEX: Jeera futures edged higher on NCDEX, as investors broadened their

holdings as on to cover their short positions amid


stronger demand. However, expectations of higher
production of cumin in coming season in tune with the
reports of higher acreage in Gujarat during current
season trimmed further gains.The contract for March
delivery was trading at Rs 16490.00, rise by 0.30% or
Rs 50.00 from its previous closing of Rs 16440.00. The
open interest of the contract stood at 9897 lots.The
contract for April delivery was trading at Rs.16765.00,
up 0.39% or Rs 65.00 from its previous closing of Rs
16700.00. The open interest of the contract stood at
1737 lots on NCDEX

Dhaniya on ncdex:Coriander futures

(Apr) is expected to consolidate in the range of 5800-


5970 levels. Spot Coriander prices inched up at Rajkot
market whereas prices remained stable at other major
market of Madhya Pradesh and Rajasthan. Meanwhile,
prices at Guna, Kota, Ramganj and Baran markets ruled
steady due to lacklustre business activities.

301, 3rd Floor, Mangal City, Vijay Nagar, Indore Toll Free : 9009010900
29/01/2018

TECHNICAL ANALYST

soyabean
OUTLOOK:

TREND: - UP

RESISTANCE: - 3870, 3970

SUPPORT: - 3570, 3470

STRATEGY: - BUY ON LOW.

TECHNICAL OUTLOOK

The contract for Feb delivery was trading at Rs 3673.00, up by 3.55% or Rs


126.00 from its previous closing of Rs 3547.00. The open interest diff. of the
contract stood at -8330 lots.

301, 3rd Floor, Mangal City, Vijay Nagar, Indore Toll Free : 9009010900
29/01/2018

jeera
OUTLOOK:

TREND: - UP

RESISTANCE: - 16650, 16850

SUPPORT: - 16250, 16050

STRATEGY: - BUY ON LOW.

TECHNICAL OUTLOOK

The contract for Mar delivery was trading at Rs 16565.00, down by 0.21% or Rs
35.00 from its previous closing of Rs 16475.00. The open interest diff. of the
contract stood at 255 lots.

301, 3rd Floor, Mangal City, Vijay Nagar, Indore Toll Free : 9009010900
29/01/2018

dhaniya
OUTLOOK:

TREND: - UP

RESISTANCE: - 6100, 6300

SUPPORT: - 5700, 5500

STRATEGY: - BUY ON LOW.

TECHNICAL OUTLOOK

The contract for Apr delivery was trading at Rs 5935.00, up by 1.07% or Rs


63.00 from its previous closing of Rs 5872.00. The open interest of the contract
stood at 80 lots.

301, 3rd Floor, Mangal City, Vijay Nagar, Indore Toll Free : 9009010900
29/01/2018

rmseed

OUTLOOK:

TREND: - UP

RESISTANCE: - 4250, 4400

SUPPORT: - 3950,3800

STRATEGY: - BUY ON LOW.

TECHNICAL OUTLOOK

The contract for FEB delivery was trading at Rs 4124.00, raised by 1.30% or Rs
53.00 from its previous closing of Rs 4071.00. The open interest of the contract
stood at -2580 lots.

301, 3rd Floor, Mangal City, Vijay Nagar, Indore Toll Free : 9009010900
29/01/2018

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