Daily Agri Report by www.epicresearch.co - 15 FEBURARY 2013

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indore, India (prHWY.com) February 15, 2013 - Chana futures fall 0.14% on higher output hopes
Chana prices fell by Rs 5 to Rs 3496 per quintal in futures trade as speculators trimmed positions amid expectations of higher output this season. At the National Commodity and Derivative Exchange, chana for delivery in May declined by Rs 5, or 0.14 per cent to Rs 3496 per quintal with an open interest of 21180 lots.
Turmeric futures extend gains on pick up in demand
Turmeric prices extended gains for the third day by adding Rs 28 to Rs 6326 per quintal in futures market as speculators enlarged their positions, driven by a pick up in demand in the spot market. Reports of lower output this season also supported the uptrend in turmeric.

 TRADING TIP :
Buy Soybean Mar
Above 3195
TGTS- 3230/3260
SL- 3180
Buy Mentha Oil Feb
Above 1378
TGTS-1388/1400
SL-1370

ANALYSIS
DAILY SOYABEAN
OPEN: 3165
HIGH: 3204
LOW: 3165
CLOSE: 3192
SOYABEAN LOOKS UPWARD
TREND: BULLISH
STRATEGY: BUY ON DIPS

DAILY CHANA
ANALYSIS
OPEN: 3460
HIGH: 3465
LOW: 3436
CLOSE: 3442
CHANA LOOKS SIDEWAYS
TREND: CONSOLIDATE
STRATEGY: BUY ON DIPS

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