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NCDEX AGRI COMMODITIES DAILY TECHICAL REPORT!!!!

26-NOVEMBER-2013

NCDEX DAILY Newsletter (26-NOV- 2013)

AGRI COMMODITY DAILY WRAP UP..!!!!


CORIANDER Coriander futures ended weak on profit booking after rising in the recent trading sessions. As per market source, coriander acreage in the rabi season is estimated to fall !"# percent this $ear in Ra%asthan as hea&$ rains in the last '! ( weeks in the state has further slowed sowing. According to data from I)D, rainfall in west Ra%asthan during Oct "! No& "', the peak season for sowing of the spice, was "#.* mm, *( percent abo&e normal, while rainfall in east Ra%asthan was '#. mm, percent abo&e normal. CA+,OR+EED Castor seed futures dropped as in&estors booked profits and arri&als impro&ed in spot markets. On the other hand spot castor was traded higher due to good demand from millers and e-porters. According to market sources, e-port demand in castor oil has increased in past few da$s and therefore, mills. bu$ing is good this time. C/I00I Chilli prices traded higher on concern o&er the standing crop due to c$clone caution in Andhra 1radesh. India )eteorological Department warned of a se&ere c$clone hitting Andhra 1radesh b$ 2rida$ afternoon or e&ening, which could bring e-tremel$ hea&$ rains to isolated places o&er there. As per the latest report from Andhra 1radesh Agriculture Department, acreage under chilli in the state as on 3#th No&ember 3#"' rose "#.* percent to 3'45' hectares. ,6R)ERIC ,urmeric futures were down on profit booking. Robust demand from north Indian bu$ers is likel$ to push up turmeric prices in coming da$s. E-pectations of a rise in e-port en7uiries ma$ also support turmeric prices

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NCDEX DAILY Newsletter (26-NOV- 2013)

NCDEX OIL

OIL SEEDS DAILY TECHNICAL LEVELS

CASTOR SEED HOURLY CANDLESTIC! CHART

TRADING STRATEGY" BUY CASTORSEED# $AN% ABOVE &3'0 TG &&20(&&60 SL &3)0 SELL CASTORSEED #$AN% BELOW &2*0 TG &2)0(&210 SL &320

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NCDEX DAILY Newsletter (26-NOV- 2013)

NCDEX PULSES DAILY TECHNICAL LEVELS


CHANA HOURLY CANDLESTIC! CHART

TRADING STRATEGY"

BUY CHANA ABOVE 3135 TGT 3160 / 3200 SL 3090 SELL CHANA BELOW 3070 TGT 3045 / 3005 SL 3120

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NCDEX DAILY Newsletter (26-NOV- 2013)

NCDEX SPICES DAILY TECHNICAL LEVELS


DHANIYA HOURLY CANDLESTIC! CHART

TRADING STRATEGY" BUY DHANIYA #DEC% BELOW +36) TG +3')(+&3) SL +32)


SELL DHANIYA (DEC) BELOW 7290 TG 7260,7220 SL 7330

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NCDEX DAILY Newsletter (26-NOV- 2013)

DISCLAIMER
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NCDEX DAILY Newsletter (26-NOV- 2013)

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