DAILY AGRI REPORT 24TH JULY 2012

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 HEADLINES
NCDEX Chilli hits lower circuit on profit selling: Chilli futures hits lower circuit in NCDEX on Monday afternoon session due to profit booking by the traders, though firm fundamentals prevailed in the markets could limit the downtrend. In NCDEX Chilli August contract traded at Rs.5466 per quintal, lower by 3.97% in the afternoon session and open interest of the same stood at 7975 lots so far. Cardamom futures gain 1.91 pc on spot demand, low arrivals: Cardamom prices rose by 1.91 per cent to Rs 1,364 per kg in futures trade today as traders increased their positions, tracking a firm trend at spot market on pickup in the demand against low arrivals from producing belts.

Trading tip: Buy Jeera above 16500 for target 16550/16600 SL 16375

EXPERT OPINION
STOCK CHANA RM SEED SOYABEAN JEERA S1 4768 4300 4836 15534 S2 4731 4246 4772 15282 R1 4871 4418 5004 16119 R2 4937 4482 5108 16452

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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 8/17/2012 7/19/2012 8/17/2012 7/19/2012 8/17/2012 7/19/2012 8/17/2012 7/19/2012 8/17/2012 7/19/2012 8/17/2012 7/19/2012 8/17/2012 7/19/2012 8/17/2012 7/19/2012 8/17/2012 8/17/2012

4556

DAILY MARKET STATISTICS

4573 4525 4560 HIGH 5060 4980 1188 6010 14960 1195.5 1053 16525 42555 1148 783.6 43735 4330 811.25 4676 4155 1282 6338 1496 LOW 5018 4887 1178 5664 14650 1182 1035 16000 42250 1101.5 777.4 42595 4265.5 802.1 4518 4028.5 1251 5912 1449 CLOSE 5120 4957 1183.5 5898 15052.5 1196.5 1049 16560 42390 1147 782.85 43650 4303 817.7 4664 4196 1246 6094 1509

4532 LTP 5018 4891 1178

-28 CHANGE -102 -66 -5.5 -234 -252.5 -8.5 -8 -377.5 45 -41 -1.55 -55 12 -13.9 -124 -167.5 36 144 -55

-0.61 PERCENTAGE -1.99 CHANGE -1.33 -0.46 -3.97 -1.68 -0.71 -0.76 -2.28 0.11 -3.57 -0.2 -0.13 0.28 -1.7 -2.66 -3.99 2.89 2.36 -3.64

OPEN 5060 4968 1188 5840 14955 1190 1044 16500 42300 1148 780.5 43505 4309 810 4600 4140 1251 6110 1493

5664 14800 1188 1041 16182.5 42435 1106 781.3 43595 4315 803.8 4540 4028.5 1282 6238 1454

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 DAILY SOYABEAN CHART

ANALYSIS
OPEN: 5044 HIGH: 5044 LOW: 4876 CLOSE: 4900

SOYABEAN LOOKS BEARISH TREND: DOWNWARDS STRATEGY: SELL ON RISE.

 DAILY CHANA CHART

ANALYSIS
OPEN: 4898 HIGH: 4901 LOW: 4798 CLOSE: 4805

CHANA LOOKS BEARISH TREND: DOWNWARDS STRATEGY: SELL ON RISE

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