Daily Agri Report By www.epicresearch.co - 15 December 2012

HEADLINES Spices futures up; Jeera gains on slow sowing pace. Indian jeera futures rose due to thin supplies in the domestic market and on a slow progress of sowing due to lesser rains in

Indore, India (prHWY.com) December 15, 2012 - Daily Agri Report by www.epicresearch.co - 15 December 2012

HEADLINES
Spices futures up; Jeera gains on slow sowing pace.
Indian jeera futures rose due to thin supplies in the domestic
market and on a slow progress of sowing due to lesser rains in
parts of Gujarat, the top producer. Jeera is a winter crop, for
which sowing continues through December, the March jeera
contract on the National Commodity and Derivatives Exchange
(NCDEX) was up 0.26 percent per 100 kg.

Cardamom futures extend losses on profit-booking
Cardamom continued its downward journey for the fourth day
profit-booking by speculators amid adequate stocks in the spot
with prices falling by Rs 15.30 per kg in futures trade due to
market. Market men said trading sentiment weakened as the
traders booked profits at the prevailing levels amid adequate
stocks on higher supplies.

Trading tip:
Sell Dhaniya Jan
Below 5100
TGTS-5070/5040
SL- 5130
DAILY SOYABEAN ANALYSIS:

OPEN: 3317
HIGH: 3415
LOW: 3317
CLOSE: 3403
SOYABEAN LOOKS UPWARD
TREND: BULLISH
STRATEGY: BUY ON DIPS
DAILY CHANA ANALYSIS:

OPEN: 3943
HIGH: 3992
LOW: 3925
CLOSE: 3957
CHANA LOOKS SIDEWAYS
TREND: CONSOLIDATE
STRATEGY: BUY ON DIPS
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