Agri Commodity Update (21-Apr-2017)

Turmeric futures traded sharply higher on NCDEX as the turmeric arrivals in the country is declining in first 20 days in April to 66,025 tons (April 1-20) as compared to 1,15,768 tons during the same period in March. Moreover, rising exports demand at the spot market too supporting the prices. On the export front, country exported about 89,704 tons during April-Jan period, up by 28.3% compared to last year exports of 69,870 tons.

Soybean futures traded moderately higher on NCDEX on account of fading supplies in the domestic market. However, on overseas markets, improving planting conditions, lower than expected soybean crush rates and the continued spectre of bumper South American harvests have pressured soybean prices.

Barley futures edged higher on NCDEX due to mounting demand from beer and cattle feed making industries against restricted supply in physical markets

'

Soybean

Our buy call from 2970 to 3069 proven great. 

Now what to expect???

 Support at 2990 and Resistance at 3080

Weekly close above 3080 will take it to 3150---3240 mark in days to come else could touch its support level of 2990 again.

Trade with levels only

Soyaref

Support at 614 and Resistance 626

Looks positive and could touch its resistance level of 626. Further upside rally will see only close above 626 mark else it could touch its support level of 614 again.

Fresh selling can initiate only close below 614 mark

Trade with levels only

Dhaniya 

Support at 6980 and Resistance is 7170

Below 6980 will see more downside panic till 6880---6840 and then 6650 in days to come else it could touch its resistance level of 7170 again.

 Trade in a range with levels only

Jeera 

Support at 18900 and Resistance at 19600

Weekly close below 18900 will see sharp downside panic towards 18500---18350 else it could touch its resistance level of 19600.

Fresh buying can initiate only close above 19600 mark.

Trend- Sideways…

RM Seed 

Support at 3780 and Resistance 3855---3890

Momentum looks positive and could touch its resistance level of 3855---3890. Further upside rally will see above 3890 mark.

Fresh selling can initiate only close below 3780 mark

TMC

Our buy call in Turmeric proven great. 

Now what to expect???

 Resistance 6400 and support at 6150.

Expect choppy session in it. So be careful while trading in Turmeric. Anything seems will update.

Cocudakl

We recomended buying around 2030 with stop loss of 2000. Just made a high of 2075

Now what to expect???

Hurdle at 2090. Weekly close above 2090 will take to 2130---2160 and then to 2250+ mark in days to come.

Already booked part profit... Now revise stop loss at cost to cost. 

Trend- Positive

Mentha oil 

Support at 925 and resistance at 970

Weekly close above 970 will take it to 995---1008+ mark else could test its resistance level of 925 again.

Trade with levels only

Trend- Weak…

CPO 

Support at 505 and Resistance at 528.

Looks positive and could test its resistance level of 528. More and more power will see only close above 528 mark else it could test its support again.

Fresh selling can initiate only close below 505 mark. 

Trade with levels only

Trend – Positive…

Castor Seed

Support at 4700 and resistance is at 4925.

Above 4925…. Rally remain continue till 5200---5350+ mark else could touch its support level of 4700 again

Fresh downside panic will see only close below 4700 mark. Trade in a range with levels only

More will update soon!!

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कमोडिटी बाजार : एग्री कमोडिटी : कपास उत्पादन में महाराष्ट्र ने गुजरात को पछाड़ा, 100 लाख गांठ से ज्यादा उत्पादन: सरकारी अनुमान

पिछले साल तक देश में कपास का सबसे बड़ा उत्पादक राज्य गुजरात रहा है लेकिन इस साल महाराष्ट्र ने गुजरात को दूसरे नंबर पर धकेल दिया है और देश का सबसे बड़ा कपास उत्पादक बन गया है। दोनो राज्यों की तरफ से जारी हुए 2016-17 के लिए तीसरे अग्रिम अनुमान से यह जानकारी निकलकर सामने आई है। महाराष्ट्र में इस साल कपास का उत्पादन 100 लाख गांठ से ज्यादा अनुमानित किया गया है।

महाराष्ट्र कृषि विभाग की ओर से जारी 2016-17 के लिए तीसरे अग्रिम अनुमान के मुताबिक इस साल राज्य में कपास उत्पादन 102.32 लाख गांठ (170 किलो) होने का अनुमान है जो अबतक का सबसे अधिक उत्पादन होगा। वहीं गुजरात कृषि विभाग के तीसरे अग्रिम अनुमान के मुताबिक इस साल उत्पादन 80 लाख गांठ ही हुआ है।

महाराष्ट्र कृषि विभाग ने फरवरी में जब दूसरा अग्रिम अनुमान जारी किया था तो राज्य में सिर्फ 71.73 लाख गांठ कपास उत्पादन का आंकड़ा ही जारी किया था लेकिन तीसरे अग्रिम अनुमान में इसमें 30 लाख गांठ से ज्यादा की बढ़ोतरी की गई है। 

Source: MarketTimesTv

More will update soon!!

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HDFC Bank Q4 Result Update

HDFC Bank Q4

Net Profit At Rs 3,990 Cr & NII At Rs 9,055 Cr;

NIM At 4.3% & Gross NPA Unchanged At 1.05% QoQ

Absolute gross NPA at ₹5,885.7 cr  vs ₹5,232 cr QoQ

NIM at 4.3% vs 4.1% QoQ

Gross NPA flat at 1.05% QoQ

Analysis

-In line results

-NIMs higher than exp

-Provisioning increases QoQ

Technical View

Support at 1448 and resistance at 1480

Trend Looks Negative and could touch its Support level of 1448. Close below 1448 will see more downside correction in it else could touch its Resistance level of 1480 again.

Trade with levels only.

More will update soon!!

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कमोडिटी बाजार : एग्री कमोडिटी : NCDEX पर ग्वार, सोयाबीन, जीरा, कपासखल, कैस्टरसीड सहित ज्यादातर कमोडिटीज का अप्रैल वायदा कटान भाव

कमोडिटी एक्सचेंज NCDEX पर गुरुवार को अप्रैल वायदा का कटान हुआ है, मार्च वायदा के मुकाबले अप्रैल वायदा के कटान भाव में भारी अंतर आया है, जीरा, ग्वार, कैस्टर और मक्का जैसी कमोडिटीज के कटना भाव में जोरदार बढ़ोतरी देखने को मिली है जबकि गेहूं, लाल मिर्च, सोया तेल और कपास खल के कटना भाव में भारी गिरावट भी दर्ज की गई है, अप्रैल वायदा के लिए कटना भाव इस तरह से हैं।

 

Source: MarketTimesTv

More will update soon!!

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कमोडिटी बाजार : एग्री कमोडिटी : NCDEX ने सरसों खल का वायदा शुरू किया, जानें वायदा सौदे की विशेषताएं

मार्केट टाइम्स की खबर पर एक बार फिर से मुहर लगी है, पिछले हफ्ते ही मार्केट टाइम्स ने खबर दी थी कि कमोडिटी एक्सचेंज NCDEX जल्दी ही सरसों खल का वायदा कारोबार शुरू कर सकता है और खबर पर मुहर लगाते हुए एक्सचेंज ने गुरुवार शाम को सर्कुलर जारी कर सरसों खल का वायदा शुरू करने की घोषणा कर दी है। एक्सचेंज के प्लेटफॉर्म पर सोमवार यानि 24 अप्रैल से सरसों खल के वायदा में ट्रेडिंग शुरू हो रही है।

सोमवार से एक्सचेंज के प्लेटफॉर्म पर मई, जून, जुलाई और अगस्त वायदा के लिए ट्रेडिंग शुरू होगी, सालभर में सरसों खल के 10 वायदा सौदे लॉन्च होंगे। एक्सचेंज ने सरसों खल के लिए लॉट साइज 10 टन का रखा है और ट्रेडिंग के लिए कम से कम 4 फीसदी मार्जिन चुकाना पड़ेगा। एक दिन में सरसों खल के भाव में अधिकतम 4 फीसदी की तेजी या गिरावट आ सकती है। भाव का टिक साइज 1 रुपये तय किया गया है और एक्सचेंज पर इसका भाव प्रति क्विंटल के तौर पर दर्शाया जाएगा।

एक्सचेंज ने सरसों खल के लिए जयपुर को डिलिवरी सेंटर नियुक्त किया है, इसके अलावा अलवर, कोटा और श्रीगंगानगर को अतीरिक्त डिलिवरी सेंटर बनाया गया है। 

Source: MarketTimesTv

More will update soon!!

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Update on Nifty levels, Bank Nifty levels and Equity Pick of the day 21st April 2017

Nifty 9,136/Sensex 29,422 / Bank Nifty 21,491

35 Advances / 16 Declines/ 0 Unchanged

Indian benchmarks settle with moderate gains; Sensex ends above 29400 mark

Indian equity markets witnessed a fairly stable day of trade on Thursday as investors picked beaten down counters, including technology stocks that lost ground on disappointing quarterly results from software services exporters Infosys and TCS. Sentiments got some support with the report that a normal monsoon this year should continue to revive rural demand and allow the RBI to cut rates by 25 bps in August. According to the report, rural demand is already reviving and the autumn kharif farm income has jumped by 26 percent last year. However, overall gains remained muted ahead of the first round of the French presidential election over the weekend. Opinion polls suggest that the election will be a close call. Investors also remained nerves with Chief Economic Adviser Arvind Subramanian's statement that India's high economic growth rate last fiscal may not reflect the actual impact of demonetization particularly on the informal sector and it may take a few months to assess its real fallout.

Meanwhile, shares of aviation companies like InterGlobe Aviation, SpiceJet and Jet Airways gained tractions after data showed that air traffic during March quarter was almost 18.6% higher than the corresponding period last year. Sugar stocks surged after the government decided to extend stock limits on sugar traders by another six months till October 2017 to check sweetener prices that are ruling at Rs 42-44 per kg. The move will enable state governments to impose stock limits and licensing requirements in respect of sugar. Furthermore, private sector banks witnessed selling pressure after lower than expected result posted by two leading private banks namely Yes Bank and IndusInd Bank, while good buying was observed in PSU banks after new NPA policy received in-principle nod as Prime Minister's Office, Finance Ministry and RBI have reached a consensus.

On the global front, Asian markets ended mostly higher on Thursday after crude oil prices rebounded from an overnight sell-off and Japan reported stronger-than-expected exports in March. Reports showed that Japan's exports rose at a faster-than-expected 12 percent pace in March, while imports jumped nearly 16 percent from a year earlier. Besides, easing tensions over North Korea too helped brighten the mood after weeks of jitters over the US response to Pyongyang's missile tests and nuclear weapons program. However, Chinese shares ended marginally higher as investors lapped up stocks that would benefit from the newly-launched Xiongan economic zone. Meanwhile, European stocks were trading mixed in early trade, amid a heavy slate of corporate earnings and cautious investor sentiment ahead of this weekend's presidential elections in France.

Back home, after getting a positive start, the local benchmarks traded in tight range for most part of the session and ended the session with moderate gains. Good buying was observed in Realty, Consumer Durables and IT counters, while selling pressure was seen in Banking, Energy and Oil & Gas counters. Finally, the NSE's 50-share broadly followed index - Nifty garnered over quarter percent to settle above the crucial 9,100 levels, while Bombay Stock Exchange's Sensitive Index - Sensex accumulated eighty-five points and closed above the psychological 29,400 mark. Moreover, the broader markets too went home with notable gains in the session. The market breadth remained optimistic, as there were 1829 shares on the gaining side against 1040 shares on the losing side, while 166 shares remained unchanged.

FII’s Activity 20-April-17

The FIIs as per Thursday’s data were net sellers in equity segment, while they were net buyers in debt segment, according to data released by the NSDL.

In equity segment, the gross buying was of Rs 3838.67 crore against gross selling of Rs 4403.49 crore. Thus, FIIs stood as net sellers of Rs 564.82 crore in equities.

In the debt segment, the gross purchase was of Rs 1745.48 crore with gross sales of Rs 1146.57 crore. Thus, FIIs stood as net buyers of Rs 598.91 crore in debt.    

Now what to expect??

Nifty Levels

Support at 9080 and Resistance at 9191—9218.

Above 9150 will see upside rally till 9191--9218 mark else will see sharp downside rally in it.

Fresh selling can initiate only close below 9080 mark.

Bank Nifty Levels

Support at 21400 and resistance at 21800

Trend looks positive and could touch its resistance level of 21800. Close above 21800 will see more upside rally in it else could touch its support level of 21400 again.

Trade in a range with levels only.

Today's Top Pick

Fortis Healthcare

Support at 195 and Resistance at 209.

Above 209 will see upside rally till 219---226+++ mark.

Looks weak only if close below 195

Results Today

ACC Limited

HDFC Bank Limited

More will update soon!!

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