Daily Agri Report By www.epicresearch.co - 23 November 2012
HEADLINES Jeera futures up on slow progress of sowing, export demand. Jeera prices rose by Rs 65 per quintal in futures trade on fresh

HEADLINES
Jeera futures up on slow progress of sowing, export
demand.
Jeera prices rose by Rs 65 per quintal in futures trade on fresh
offtake by speculators, triggered by reports of slow progress of
sowing in key producing region and some export enquiries. At
the National Commodity and Derivatives Exchange, jeera for
delivery in December rose by Rs 65, or 0.44 percent per
quintal, with an open interest of 15,567 lots.
India soybean drop on higher supplies; soyoil up.
Indian soybean futures extended losses for a third straight
session, tracking a fall in overseas prices and on an estimated
in demand from north India and weakness in the rupee.
increase in production, while soyoil edged higher due to a rise
Trading tip:
Sell Soybean Dec
Below 3210
TGTS-3180/3150
SL- 3239
Previous Performance
TGTS-38350/38550
Buy Pepper Dec
SL-37980
DAILY SOYABEAN ANALYSIS:
OPEN: 3255
HIGH: 3268
LOW: 3212
CLOSE: 3215
SOYABEAN LOOKS DOWNWARD
TREND: BEARISH
STRATEGY: SELL ON RISE
DAILY CHANA ANALYSIS:
OPEN: 4260
HIGH: 4284
LOW: 4196
CLOSE: 4238
CHANA LOOKS DOWNWARD
TREND: BEARISH
STRATEGY: SELL ON RISE
STRATEGY: SELL ON RISE
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