Daily Agri Report by www.epicresearch.co - 5th MARCH 2013
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Chana falls to contract low on arrivals.
Chana futures fell to a fresh contract low on due to rising supplies from the new season crop amid expectations of an increase in output and subdued local demand. The key April contract on the National Commodity and Derivatives Exchange was down 0.66 per cent at 3,320 rupees per 100 kg after hitting a contract low of 3,311 rupees earlier in the day.
Chilli, jeera prices rise as demand picks up.
Red chilli and jeera prices rose by Rs 100 per quintal in the national capital largely on the back of a pick-up in domestic as well as export demand. Besides, a firming trend in futures market also supported the uptrend in select spice prices
TRADING TIP :
Sell Chana Apr
Below 3300
TGTS- 3270/3230
SL-3330
Sell Dhaniya Apr
Below 6420
TGTS-6380/6340
SL-6460
ANALYSIS
 DAILY SOYABEAN CHART
OPEN: 3268
HIGH: 3297
LOW: 3268
CLOSE: 3278
* SOYABEAN LOOKS SIDEWAYS
* TREND: CONSOLIDATE
* STRATEGY: SELL ON RISE
 DAILY CHANA CHART
ANALYSIS
OPEN: 3325
HIGH: 3328
LOW: 3302
CLOSE: 3306
* CHANA LOOKS SIDEWAYS
* TREND: CONSOLIDATE
* STRATEGY: SELL ON RISE
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