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Reviews for Daily-Agri-Report-04-Feb-2014BY-EPIC-RESEARCH-pdf
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Date Created: 12/21/15
NCDEX AGRI COMMODITIES DAILY TECHNICAL REPORT……!!!! 04-FEBRUARY-2014 NCDEX DAILY Newsletter (04-feb- 2014) AGRI COMMODITY DAILY WRAP UP…..!!!! MENTHAOIL FUTURE We have not seen any major change in the arrivals over the last few weeks. The overall negative market sentiments are still intact. Some farmers are selling their produce at lower rates to meet their financial needs. However, most of the stockists are stepping back to offload their stocks due to the fear of losing money. Market sources are stating that most of the domestic exporters are purchasing mentha oil at lower rates, which is capping gains in mentha oil prices. According to trade sources, mint sowing across Uttar Pradesh’s growing regions might be delayed due to extreme cold wave conditions. CORIANDER FUTURE Coriander futures are expected to trade higher on robust demand amid concerns over crop damage due to cold weather in Rajasthan and excessive rain occurred during the sowing period. Coriander acreage in Rajasthan was 128220 hectares for the current year which is 80 percent of total area of 158678 hectares in 2012-13. Carryover stocks too stood lower. As per latest report from India Meteorological Department, very dense fog was observed at many places over Rajasthan and adjoining states. SOYABEAN FUTURE Soybean futures may trade on a mixed note. Higher spot prices as well as some recovery in the overseas markets may support prices. However, an increase in the arrivals as well as higher output in South America crop prospects may cap gains and pressurize prices at higher levels. Prices may also take cues from the Rupee movement. 2 | P a g e WWW.EPICRESEARCH.CO CALL: +917316642300 NCDEX DAILY Newsletter (04-feb- 2014) NCDEX OIL & OIL SEEDS DAILY TECHNICAL LEVELS DHANIYA HOURLY CANDLESTICK CHART TRADING STRATEGY: BUY DHANIYA FEB ABOVE 8150 TGTS 8180,8230 SL 8100 SELL DHANIYA FEB BELOW 8015 TGTS 8085,8035 SL 8065 3 | P a g e WWW.EPICRESEARCH.CO CALL: +917316642300 NCDEX DAILY Newsletter (04-feb- 2014) NCDEX PULSES DAILY TECHNICAL LEVELS CASTORSEED HOURLY CANDLESTICK CHART TRADING STRATEGY: BUY CASTORSEED FEB ABOVE 4120 TGTS 4150,4200 SL 4070 SELL CASTORSEED FEB BELOW 4040 TGTS 4010,3960 SL 4090 4 | P a g e WWW.EPICRESEARCH.CO CALL: +917316642300 NCDEX DAILY Newsletter (04-feb- 2014) NCDEX SPICES DAILY TECHNICAL LEVELS CHANA HOURLY CANDLESTICK CHART TRADING STRATEGY: BUY CHANA FEB ABOVE 2910 TGTS 2940,2990 SL 2860 SELL CHANA FEB BELOW 2780 TGTS 2750,2700 SL 2830 5 | P a g e WWW.EPICRESEARCH.CO CALL: +917316642300 NCDEX DAILY Newsletter (04-feb- 2014) DISCLAIMER The information and views in this report, our website & all the service we provide are believed to be reliable, but we do not accept any responsibility (or liability) for errors of fact or opinion. Users have the right to choose the product/s that suits them the most. 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 positions in the stocks recommended. It is understood that anyone who is browsing through the site has done so at his free will and does not read any views expressed as a recommendation for which either the site or its owners or anyone can be held responsible for . Any surfing and 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 to forward or share our calls or SMS or Report or Any Information Provided by us to/with anyone which is received directly or indirectly by them. If found so then Serious Legal Actions can be taken. 6 | P a g e WWW.EPICRESEARCH.CO CALL: +917316642300 NCDEX DAILY Newsletter (04-feb- 2014) CONTACT US: WWW.EPICRESEARCH.CO Epic Research Private Limited Corporate Office 411 Milinda Manor (Suites 409 - 417) 2 RNT MargOpp Central Mall Indore (M.P.) Hotline: +91 731 664 2300 / 2427 / 2230 Alternate: +91 731 664 2320 / 2226 +91 97521 99966 Or give us a missed call at 026 5309 0639 7 | P a g e WWW.EPICRESEARCH.CO CALL: +917316642300
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