Epic research daily agri report 16 oct 2014

75 %
25 %
Information about Epic research daily agri report 16 oct 2014
Business

Published on October 16, 2014

Author: EpicResearch

Source: slideshare.net

Description

Our company gives and suggest best opportunities to our existing and new clients.As we are constantly progressing, we use to wider our span to help more.

1. DAILY AGRI COMMODITY REPORT 16 OCTOBER 2014 HNI & NRI Sales Contact Australia Mintara Road, Tarneit, Victoria. Post Code 3029 Phone.: +61 422 063855 HNI & NRI Sales Contact USA 2117 Arbor Vista Dr. Charlotte (NC) Cell: +1 704 249 2315 Toll Free Number 1-800-200-9454 All queries should be directed to Info@epicresearch.co 1 Epic Research India 411 Milinda Manor (Suites 409-417) 2 RNT Marg. Opp Central Mall Indore (M.P.) Hotline: +91 731 664 2300 Alternate: +91 731 664 2320 Or give us a missed call at 026 5309 0639 Our Presence YOUR MINTVISORYCall us at +91-731-6642300

2. Market Views 2 MONTH OPEN HIGH LOW CLOSE % CHG VOL MONTH OPEN HIGH LOW CLOSE % CHG VOL DHANIYA NOV 12200 12428 12190 12275 +0.77 19280 INTRADAY LEVELS SUPPORT SUPP.1 12091 SUPP. 2 12000 PIVOT 12213 Dhaniya shortterm trend is down, further more downsideis expected in comimg days. RESISTANCE RES. 1 12304 RES. 2 12426 CASTORSEED NOV 4495 4506 4427 4445 -1.11 11490 INTRADAY LEVELS SUPPORT SUPP. 1 4459 SUPP. 2 4424 PIVOT 4515 Castorseed short term trend is up,Prices expected to go up in coming days. RESISTANCE RES. 1 4550 RES. 2 4606 TURMERIC NOV 6166 6310 6166 6288 +1.88 9020 INTRADAY LEVELS SUPPORT SUPP. 1 6133 SUPP. 2 6093 PIVOT 6165 Turmeric price is in up trend and may continue in coming days. RESISTANCE RES. 1 6205 RES. 2 6237 GUARGUM NOV 16400 16470 16250 16300 -0.24 3197 INTRADAY LEVELS SUPPORT SUPP. 1 16160 SUPP. 2 15980 PIVOT 16390 Guargum Short term trend is downExpecting price may go downin coming days. RESISTANCE RES. 1 16570 RES. 2 16800

3. Most Active Contract 3 TOP GAINERS SYMBOL EXPIRY DATE CURRENT PRICE CHANGE CHANGE % TURMERIC 20-10-2014 6430.00 160.00 2.55% JEERA 20-10-2014 10870.00 260.00 2.45% RAPESEED-MUSTARD SEED 20-10-2014 3642.00 79.00 2.22% SOYABEAN 20-10-2014 2940.00 60.00 2.08% BARLEY 20-10-2014 1583.00 29.00 1.87% CORIANDER 20-10-2014 11879.00 125.00 1.06% REFINED SOY OIL 20-10-2014 589.80 1.00 0.17% COTTON SEED OIL CAKE AKOLA 19-12-2014 1376.00 2.00 0.15% TOP LOSERS SYMBOL EXPIRY DATE CURRENT PRICE CHANGE CHANGE % CASTOR SEED NEW 20-10-2014 4405.00 -20.00 -0.45% CHANA 20-10-2014 2803.00 -3.00 -0.11% NCDEX INDICES Index Value Pre. Close % Change CASTORSEED 4445 4495 -1.11 CHANA 2879 2908 -1.00 CORIANDER 12276 12182 +0.77 SUGAR 2818 2824 -0.21 JEERA 10980 10730 +2.33 MUSTARD SEED 3637 3613 +0.66 SOYABEAN 2971 2912 +2.03 TURMERIC 6288 6172 +1.88

4. Commodities In News 4 ECONOMIC NEWS Amidstshortageofessentialfooditemsinthecyclone-hitAndhraPradesh,theCentretodaysaiditisreadytosupplyfoodgrainstotheaffectedregion."Wearereadytoprovideallkindofsupporttothecyclone-affectedareas.Wehavefoodgrainsstock.Wearereadytosupplyfoodgrainsimmediatelyifthestategovernmentdemands,"FoodMinisterPaswansaidonthesidelinesofaneventhere.Whenaskedaboutthestepsthegovernmentistakingtostophoarderswhoarecreatingartificialscarcityofessentialcommoditiesinthecyclone-hitregion,Paswansaid:"UndertheFoodMinistry,allpossibleactionwillbetaken."AsonSeptember1,theCentrehad47.68milliontonnesofriceandwheatinitsgodowns, muchhigherthantheactualrequirement,asperthegovernmentdata.AfterthedevastationcausedbyCycloneHudhud, VisakhapatnaminAndhraPradeshhasbeenhitbyshortageofessentialfooditemswithpeoplescramblingformilk,drinkingwater,vegetablesandpetrolevenasthepowersupplyisyettoberestored.PeopleintheaffectedareashavesaidthatdrinkingwaterandmilkcostingRs20(each)arebeingsoldforRs50asblack-marketersarehavingafieldday. RetailinflationfellsharplyinSeptemberfromthepreviousmonth,droppingtoitslowestsincethegovernmentlaunchedtheconsumerpriceindex(CPI)in2012andmakingastrongcasefortheReserveBankofIndiagovernorRaghuramRajantoslashinterestratesafterindustrialgrowthdisappointedfor thesecondsuccessivemonthinAugust.Consumerinflationfellto6.46percentinSeptembercomparedtotheyear-agoperiod, from7.8percentinAugust,duetothesharpdeclineinvegetablesinflationandthebaseeffectofhighinflationlastyear,datareleasedbythestatisticsministryshowed. Jeerafuturesgainedforseconddayonpick-upindemandfromstockiestinthespotmarketsamidrestrictedarrivalsfromproducingregions.TheNCDEXJeerabenchmarkNovemberdeliveryendedthedayatRs10,980,upRs240or2.23%.Festivebuyingissupportingthecommodityinthelocalmarket.TradersstatedthatnotmanyarrivalshavebeenreportedininternationalmarketduetolimitedsuppliesfromSyriaandTurkey.ThiswillsupportthedomesticjeerapricesintheneartermasinternationalbuyerswillroutetowardsIndianmarketfortheirseasonaldemand.However, domestictradershavereportedcomfortablestockpositioninlocalmandies.Themarketsourcessuggestedthatheavystocksofaround61lakhbagsinlocalmandieswilleasilycateranydomesticandinternationaldemand.Strongstockpositioniskeepingpricesundercheck.JeeraswellednearRs11konshortcoveringaftertouchingthelowofRs10520almosttwoweeksback.JeeraNovembercontractendedthedayatRs10,980,upRs240or2.23%andtheopeninterestdipped15tonnesto5,079tonnes,indicatingshortcovering. Corianderpricesroseby0.77percentonattheNationalCommodity&DerivativesExchangeLimitedasaresultofthelimitedstocksonaccountofrestrictedarrivalsfromthemajorgrowingbelts.AttheNCDEX,corianderfuturesforNov2014contractwastradingatRs.12276perquintal,upby0.77percentafteropeningatRs.12200againstthepreviousclosingpriceofRs. 12182.Ittouchedtheintra-dayhighofRs.12428tillthetrading. Sentimentimprovedfurtherastheinvestorsenlargedtheirholdingstrackingthesurgeinthedemandforthecommodity.CorianderiscommoninSouthAsian,MiddleEastern,CentralAsian, Mediterranean,Indian,Tex-Mex,LatinAmerican,Portuguese, Chinese,African,andScandinaviancuisine.

5. 5 FundamentalWatch : Chana CHANA DAILY ARRIVALS National & International Market Updates Pulsesmarketnoticedrangeboundmovement.AtJNPT(Mumbai),15containersofyellowpea,214containersoftur,110containersofmasoor, 37containersofgreenpeas,137containersofChana,2containersofgreenmoongarrivedOct.14,2014.AccordingtoMinistryofAgriculture,around102.34lakhhectareofareahasbeensownunderpulses(Kharif)thisyearasonOctober10,around6.17%lowerthanthepreviousyear,whenitwas109.08lakhhectaresduringthesameperiod.TheCyclonicStorm‘HUDHUD’oversouthChhattisgarh&adjoiningsouthwestOdessamovednorthwestwardsandlaycenteredsouthChhattisgarh&neighborhoods, about90kmnorthwestofJagdalpurand190kmsouthofRaipur.Itwouldmovenorth-northwestwards,weakenintoadepressionduringnext06hoursandintoawellmarkedlow-pressureareaduringsubsequent06hours.WarningfornorthAndhraPradeshandsouthOdessa-Undertheinfluenceofthesystem,rainfallatmanyplaceswithisolatedheavyfalls(6.5-12.4cm)wouldoccurovernorthAndhraPradesh(tothenorthofVisakhapatnam)andcoastalOdessaduringnext12hoursandimprovethereafter.Rainfallwouldoccuratmostplaceswithisolatedheavy(6.5- 12.4cm)toveryheavyfalls(12.5-24.4cm)overChhattisgarh&adjoiningeastMadhyaPradeshandinteriorOdessaduringnext24hrsandoverEastUttarPradesh,Jharkhand&Biharduringnext48hrs. InCanada,Peaandlentilpricesdeclineasnewcropharvestingisneartofinished.InUK,farmersarelikelytoshifttowardspulses(peaandbeans) cropinupcomingsowingseasonfromrapeseedandsugarbeetduetofallingprices.Thepulsesarableareawouldbehigherinthisspringseasonagainstthe30,000ha.plantedduringthespringseasoninlastyear. Meanwhile,stocksofspringpulsesseedareunseasonablylow,andwouldbeinsufficientforincreaseddemand.Thepulsespricesarecontinuouslydecline,butsellersstillget30-35Europertonnepremiumoverfeedwheatwithanadditional15-25Europertonnepaidforhumanconsumption. CENTER 13-Oct-14 12-Oct-14 %Change CENTER 14-Oct-14 13-Oct-14 %Change AMRAVATI 400 1000 -600 VIJAYWADA 800 1000 -200 KANPUR NA NA - GADARWADA 1000 1000 UNCH ALWAR 600 1000 -400 KOTA 400 400 UNCH

6. Technical Outlook 6 BUY DHANIYA NOV ABOVE 12300 TGTS 12330,12380 SL 12240 SELL GUARGUM NOV BELOW 16250 TGTS 16200,16100 SL 16340 SELL CASTORSEED NOV BELOW 4440 TGTS 4410,4360 SL 4500 BUY TMC NOV ABOVE 6300 TGTS 6350,6450 SL 6240

7. Disclaimer The information and views in this report, our website & all the service we provide are believed to be reliable, but we do notaccept any responsibility (or liability) for errors of fact or opinion. Users have the right to choose the product/s that suits them themost. Sincere efforts have been made to present the right investment perspective. The information contained herein is based on analysis and up on sources that we consider reliable. This material is for personal information and based upon it & takes no responsibility. The information given herein should be treated as only factor, while making investment decision. The report does not provide individually tailor-made investment advice. Epic research recommends that investors independently evaluate particular investments and strategies, and encourages investors to seek the advice of a financial adviser. Epic research shall not be responsible for any transaction conducted based on the information given in this report, which is in violation of rules and regulations of NSE and BSE. The share price projections shown are not necessarily indicative of future price performance. The information herein, together with all estimates and forecasts, can change without notice. Analyst or any person related to epic research might be holding positionsinthe stocks recommended. It is understood that anyone who is browsing through the site has done so at his free will and does not readany views expressed as a recommendation for which either the site or its owners or anyone can be held responsible for. Any surfingand reading of the information is the acceptance of this disclaimer. All Rights Reserved. Investment in equity & bullion market has its own risks. We, however, do not vouch for the accuracy or the completeness thereof. we are not responsible for any loss incurred whatsoever for any financial profits or loss which may arise from the recommendations above epic research does not purport to be an invitation or an offer to buy or sell any financial instrument. Our Clients (Paid Or Unpaid), Any third party or anyone else have no rights toforward or share our calls or SMS or Report or Any Information Provided by us to/with anyone which is received directly or indirectly bythem. If found so then Serious Legal Actions can be taken.

Add a comment

Related presentations

Boat chandlery

Boat chandlery

October 26, 2014

http://ecommerce-for-business.com/shackles-boats-theboatonlinestore/ We offer a ...

http://vendere-su-internet.com/shackles-for-boats-from-theboatonlinestore/ Moori...

Silver bar!

Silver bar!

October 21, 2014

Pretty similar to gold bars are these silver slabs. Silver is considered as the mo...

Gold coin prices!

Gold coin prices!

October 21, 2014

If you are an investor of gold bars and coins, one of the major things that you ou...

CyberSecurity's social media stats for one week as of Oct 21st 2014

CyberSecurity's social media stats for one week as of Oct 28th 2014

Related pages

DAILY AGRI COMMODITY REPORT 29 April 2016

DAILY AGRI COMMODITY REPORT ... Epic Research India ... beginning new negotiation in February 2014.But barring few trade unions
Read more

DAILY AGRI COMMODITY REPORT 22 March 2016

DAILY AGRI COMMODITY REPORT ... Epic Research India ... March 16, around 62 lakh tonnes of sugar was produced. As compared to
Read more

Epic Research Daily Agri Report 18th April 2016

Epic Research Daily Agri Report 18th ... 58 sugar mills in Maharashtra had produced 82 lakh tons of sugar in 2015-16 (01st Oct ... (01st Oct, 2014
Read more

Epic Research Daily Agri Report 26th FEB 2016

Epic Research Daily Agri Report ... Epic Research Private Limited counts as ... Epic Research Private Limited counts as the top research providing firm ...
Read more

Epic Research Daily Agri Report 26th Feb 2016

Epic Research Daily Agri Report 26th Feb 2016 ... 3.5 MT to 5 MT in 2015-16 (01st Oct, ... (01st Oct, 2014 â•fi 15th Feb, ...
Read more

Epic Research Daily Agri Report 9th May 2016 ...

Epic Research Daily Agri Report ... 5 sugar mills in Andhra Pradesh had produced 8.10 lakh tons of sugar in 2015-16 (01st Oct, ... Copyright © 2011-2014 ...
Read more

Epic research daily agri report 24 sept 2015 by ...

... epicresearch, Name: epic_research_daily_agri_report_24_, Length: 7 pages, ... DAILY AGRI COMMODITY REPORT 24 September 2015. ... OCT. 11125. 11217 ...
Read more

Epic Research Daily Agri Report 18th April 2016 ...

Epic Research; epicresearch; Finance ; Madya Pradesh; Product News; News By Region. USA; UK; ... Epic Research Daily Agri Report 18th April 2016. Jeera on ...
Read more