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    Daily Agri Tech Report Oct 6

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    Angel Broking
    The document provides a daily technical report on agricultural commodities for Saturday, October 6, 2012. It includes technical levels and analysis for various spices, oilseeds, and other agricultural commodities trading on Indian commodity exchanges. Recommendations are given to sell sugar on the NCDEX October contract and buy pepper on the NCDEX November contract based on technical indicators showing bearish and bullish market sentiments respectively.

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    Daily Agri Tech Report Oct 6

    Uploaded by

    Angel Broking
    13 views2 pages
    The document provides a daily technical report on agricultural commodities for Saturday, October 6, 2012. It includes technical levels and analysis for various spices, oilseeds, and other agricultural commodities trading on Indian commodity exchanges. Recommendations are given to sell sugar on the NCDEX October contract and buy pepper on the NCDEX November contract based on technical indicators showing bearish and bullish market sentiments respectively.

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    The document provides a daily technical report on agricultural commodities for Saturday, October 6, 2012. It includes technical levels and analysis for various spices, oilseeds, and other agricultural commodities trading on Indian commodity exchanges. Recommendations are given to sell sugar on the NCDEX October contract and buy pepper on the NCDEX November contract based on technical indicators showing bearish and bullish market sentiments respectively.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    13 views2 pages

    Daily Agri Tech Report Oct 6

    Uploaded by

    Angel Broking
    The document provides a daily technical report on agricultural commodities for Saturday, October 6, 2012. It includes technical levels and analysis for various spices, oilseeds, and other agricultural commodities trading on Indian commodity exchanges. Recommendations are given to sell sugar on the NCDEX October contract and buy pepper on the NCDEX November contract based on technical indicators showing bearish and bullish market sentiments respectively.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PDF, TXT or read online from Scribd
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    Commodities Daily Technical Report

    Saturday| October 6, 2012

    Agricultural Commodities

    Content
    Technical Levels Strategy/Recommendations

    Anuj Choudhary Research Associate

    [email protected]
    (022) 2921 2000 Extn. 6132

    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 Broking (P) Ltd. Your feedback is appreciated on [email protected]

    www.angelcommodities.com

    Commodities Daily Technical Report


    Saturday| October 6, 2012

    Agricultural Commodities
    Technical Levels
    Commodity Exchange Contract Trend S2 S1 LTP R1 R2

    Spice Complex
    Jeera Pepper Turmeric Chilli Coriander Cardamom NCDEX NCDEX NCDEX NCDEX NCDEX MCX Nov Nov Nov Nov Nov Oct Up Up Down Sideways Up Sideways 13790 42750 5340 5160 4265 915 13940 43000 5410 5220 4305 932 14095 43205 5476 5274 4371 944.40 14250 43550 5520 5325 4425 955 14420 43800 5570 5365 4475 966

    Oilseed Complex
    Soybean Mustard Seed Ref Soy Oil CPO Castor seed NCDEX NCDEX NCDEX MCX NCDEX Nov Nov Nov Oct Nov Sideways Sideways Sideways Sideways Sideways 3035 3830 603 400 3375 3060 3865 610 406 3420 3096 3905 618.10 411 3464 3140 3945 626 418 3510 3175 3980 632 424.50 3560

    Others
    Chana Sugar Kapas Kapas Cotton Cotton Oilseed Cake Gur Wheat Maize Barley Mentha Potato NCDEX NCDEX NCDEX MCX MCX NCDEX NCDEX NCDEX NCDEX NCDEX MCX MCX MCX Nov Nov April 2013 April 2013 Oct Dec Nov Nov Nov Nov Oct Oct Sept Up Down Down Down Down Sideways Down Sideways Sideways Down Down Down 4250 3265 885 883 15550 1340 1136 1425 1212 1180 1122 830 4285 3290 900 899 15670 1360 1142 1440 1234 1193 1138 845 4329 3313 911 909.10 15810 1380 1149.50 1456 1253 1218 1152 860.20 1357.20 4370 3335 925 923 15960 1395 1157 1476 1272 1233 1168 872 1370 4408 3360 935 932 16050 1410 1164 1488 1290 1255 1185 880 1382

    Recommendations Mentha
    Sugar

    Recommendations Sideways 1333 1345


    Pepper

    NCDEX November Contract

    NCDEX November Contract

    On the daily Chart, Sugar prices closed below its 10 & 20 day EMA (Exponential Moving Average) which indicates bearish market sentiments. MACD is in the negative territory, which indicates further downside. Intraday Strategy: Sell NCDEX October Sugar between 33303335, SL-3362, Target- 3295/3260.

    On the daily Chart, Pepper prices closed above its 10 & 20 day EMA (Exponential Moving Average) which indicates bullish market sentiments. MACD is in the positive territory, which indicates further upside. Intraday Strategy: Buy NCDEX November Pepper between 43000-43050, SL-42730, Target- 43550/43800.

    www.angelcommodities.com

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