Commodities Daily Technical Report

Thursday| May 16, 2013

Agricultural Commodities

Content
Technical Levels Strategy/Recommendations

Dhanik Shah Sr. Technical Analyst

Dhanik.Shah@angelbroking.com
(022) 2921 2000 Ext. 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

Disclaimer: The information and opinions contained in the document have been compiled from sources believed to be reliable. The company does not warrant its accuracy, completeness and correctness. The document is not, and should not be construed as an offer to sell or solicitation to buy any commodities. This document may not be reproduced, distributed or published, in whole or in part, by any recipient hereof for any purpose without prior permission from Angel Commodities Brok ing (P) Ltd. Your feedback is appreciated on commodities@angelbroking.com

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Commodities Daily Technical Report

Thursday| May 16, 2013

Agricultural Commodities
Technical Levels
Commodity Exchange NCDEX NCDEX NCDEX NCDEX MCX Contract June June June June June Trend Up Down Down Up Down S2 13060 5500 5500 6710 735 S1 13120 5600 5600 6775 745 LTP 13182.50 5794 5626 6835 752.40 R1 13250 5850 5700 6900 760 R2 13310 6020 5800 6960 770

Spice Complex
Jeera Turmeric Chilli Coriander Cardamom

Oil Complex
Soybean Mustard Seed Ref Soy Oil CPO Castor seed NCDEX NCDEX NCDEX MCX NCDEX June June June May June Up Up Up Sideways Sideways 3850 3480 692 462 3400 3900 3500 695 464 3420 3929.50 3507 697.15 467.50 3444 3980 3525 699 469 3480 4005 3550 702 472 3510

Others
Chana Sugar Kapas Cotton Cotton Oilseed Cake Gur Wheat Maize Barley Mentha Potato Guar Gum Guar Gum Guar Seed Guar Seed NCDEX NCDEX NCDEX MCX NCDEX NCDEX NCDEX NCDEX NCDEX MCX MCX NCDEX MCX NCDEX MCX June June April14 May June July June June June May May June June June June Sideways Up Down Down Down Down Up Up Down Sideways Down Sideways Sideways Sideways Sideways 3380 3027 1005 17780 1450 1253 1500 1150 1335 885 973 27000 26950 8930 8975 3400 3045 1015 17850 1460 1260 1512 1160 1345 900 979 27360 27320 9050 9080 3420 3060 1025.50 18510 1471 1265 1527 1170 1355.50 909.30 936.40 27730 27713 9200 9192 3440 3076 1035 17990 1484 1270 1535 1180 1365 920 997 28000 28000 9330 9340 3460 3090 1050 18070 1500 1275 1545 1190 1380 934 1008 28250 28300 9420 9420

Recommendations NCDEX Sugar June Contract

NCDEX Soybean June Contract

On the daily chart, price is trading above 10 & 20 day EMA and MACD is rising with rising prices indicating bullishness. Intraday Strategy: Buy NCDEX Sugar June between 3045-3050, SL 3027, Target 3076 / 3080.

On the daily chart, price is trading above 10 & 20 day EMA and is finding support at the trendline. Intraday Strategy: Buy NCDEX Soybean June between 3895-3900, SL 3848, Target 3975/4000.

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