ncdex newsletter 22 may2013

7
Daily Newsletter- AGRI COMMODITY 22 MAY 201 3

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Page 1: Ncdex newsletter 22 may2013

Daily Newsletter- AGRI COMMODITY

22 MAY 2013

Page 2: Ncdex newsletter 22 may2013

MARKET WRAP

� Turmeric hits upper circuit on fresh buying at lower levels.

� Dhaniya also hits upper circuit due to come fresh buying in market.

� Guargum witnessed down by 0.39% @ 28370.

Dhaniya closed at 3% upper circuit on Tuesday as traders bought the commodity at

lower levels buoyed by strong domestic demand against supply. Turmeric closed at 1.3%

with upper circuit and may show up side movement in tomorrow. Guargum down by

0.39% @ 28370.

DAILY MARKET UPDATE:-

COMMODITY P.CLOSE LAST CLOSE NET CHANGE % CHANGE

SOYABEAN ( 20JUNE2013 ) 3915.50 3920.00 4.50 0.10

REFINED SOYA OIL (20JUNE2013 ) 699.30 702.00 2.70 0.30

DHANIYA ( 20JUNE2013 ) 6553.00 6816.00 263.00 4.00

JEERA ( 20JUNE2013 ) 13035.00 13280.00 245.00 1.80

TURMERIC ( 20JUNE2013 ) 5914.00 5992.00 78.00 1.30

CHANA ( 20JUNE2013 ) 3388.00 3397.00 9.00 0.20

GUARSEED ( 20JUNE2013 ) 9370.00 9380.00 10.00 0.10

GUARGUM ( 20JUNE2013 ) 28480.00 28370.00 -110.00 -0.39

CASTORSEED ( 20JUNE2013 ) 3304.00 3321.00 17.00 0.50

RMSEED ( 20JUNE2013 ) 3505 3512.00 7.00 0.20

Page 3: Ncdex newsletter 22 may2013

TECHNICAL VIEW

CHANA (JUNE)

• CONSOLIDATE

• SELL ON HIGHS

TREND

STRATEGY

• 3430

• 3450RESISTANCE

• 3370

• 3340SUPPORT

Page 4: Ncdex newsletter 22 may2013

TURMERIC (JUNE)

• CONSOLIDATE

• BUY ON DIPS

TREND

STRATEGY

• 6110

• 6210RESISTANCE

• 5790

• 5700SUPPORT

Page 5: Ncdex newsletter 22 may2013

SOYABEAN (JUNE)

• CONSOLIDATE

• SELL ON HIGHS

TREND

STRATEGY

• 3980

• 4020RESISTANCE

• 3880

• 3850SUPPORT

Page 6: Ncdex newsletter 22 may2013

RMSEED (JUNE)

• CONSOLIDATE

• BUY ON DIPS

TREND

STRATEGY

• 3530

• 3540RESISTANCE

• 3500

• 3490SUPPORT

Page 7: Ncdex newsletter 22 may2013

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