Epic Research is a leading financial advisory services provider. We offer daily report on different segment of market to enable traders gain a overview of market's performance .

1. DAILY AGRI COMMODITY REPORT
08 March 2017
HNI & NRI Sales Contact Australia
Mintara Road, Tarneit, Victoria. Post Code 3029
Phone.: +61 422 063855
HNI & NRI Sales Contact USA
2117 Arbor Vista Dr. Charlotte (NC)
Cell: +1 704 249 2315
Toll Free Number
1-800-200-9454
All queries should be directed to
Info@epicresearch.co
1
Epic Research India
411 Milinda Manor (Suites 409- 417)
2 RNT Marg. Opp Central Mall
Indore (M.P.)
Hotline: +91 731 664 2300
Alternate: +91 731 664 2320
Or give us a missed call at
026 5309 0639
Our Presence
YOUR MINTVISORY Call us at +91-731-6642300

2. Market Views
2
MONT
H
OPEN HIGH LOW
CLOS
E
% CHG VOL
MONT
H
OPEN HIGH LOW
CLOS
E
% CHG VOL
TURMERIC
APR 6820 6842 6708 6748 -1.32 6755
INTRADAY
LEVELS
SUPPORT SUPP. 1
6690
SUPP. 2
6632
PIVOT
6766
Turmeric short term trend
is bearish and may
continue in coming days.
RESISTAN
CE
RES. 1
6824
RES. 2
6900
CORIANDER
APR 6703 6830 6600 6607 -1.68 10280
INTRADAY
LEVELS
SUPPORT SUPP.1
6528
SUPP. 2
6449
PIVOT
6679
Coriander short term
trend is bearish and may
continue in coming days.
RESISTAN
CE
RES. 1
6758
RES. 2
6909
GUARGUM 5MT
APR 8272 8333 8062 8080 -2.25 5370
INTRADAY
LEVELS
SUPPORT SUPP. 1
7984
SUPP. 2
7887
PIVOT
8158
Guargum Short term
trend is bearish and may
continue in coming days.
RESISTAN
CE
RES. 1
8255
RES. 2
8429
CASTORSEED
FEB - - - - - -
INTRADAY
LEVELS
SUPPORT SUPP. 1
-
SUPP. 2
-
PIVOT
-
-
RESISTA
NCE
RES. 1
-
RES. 2
-

3. Most Active Contract
3
NCDEX INDICES
Index Value
Pre.
Close
%
Change
Castorseed 4210 4283 -1.7
Chana - - -
Coriander 6607 6720 -1.68
Guargum5MT 8080 8266 -2.25
Jeera 16980 16795 1.10
Mustard seed 3841 3835 0.16
Soybean 2825 2835 -0.35
Turmeric 6614 6742 -1.90
TOP GAINERS
Symbol Expiry Date Current Price Change Change %
JEERA 20-03-2017 16980.00 165.00 0.98%
SUGAR M GRADE 20-03-2017 3748.00 25.00 0.67%
WHEAT 20-03-2017 1678.00 10.00 0.60%
BARLEY 20-04-2017 1540.00 4.00 0.26%
TOP LOSERS
Symbol Expiry Date Current Price Change Change %
GUAR SEED 10 MT 20-03-2017 3780.00 -105.00 -2.70%
TURMERIC 20-04-2017 6614.00 -134.00 -1.99%
CORIANDER 20-04-2017 6607.00 -108.00 -1.61%

4. Commodities In News
4
ECONOMIC NEWS
 India’s sugar output will fall 19% this season due to poor crop yields in
Karnataka, Maharashtra and Andhra Pradesh, a decline not steep enough to
warrant imports yet, the apex industry grouping said in its revised estimates
Tuesday. The Indian Sugar Mills Association (ISMA) said output in the
2016-17 season beginning October would be about 20.3 million tones,
compared with 25.1 million tonnes in the earlier season. In January this
year, ISMA had forecast production of 21.3 million tonnes. "Considering
the opening balance of 7.75 million tonne, and an estimated production of
20.3 million tonnes and consumption of 23.8-24 million tonnes, the closing
balance in the current season would be 4-4.2 million tones,” ISMA said in
a press statement. “This balance will be enough to meet the domestic
requirement until almost end of November 2017." India’s sugar production
fell from a high of 28.3 million tonnes in 2013-14 to 25.1 million tonnes in
2015-16, and hit a seven-year low of 21.3 million tonnes in 2016-17 after
two consecutive years of drought starting 2014.
 West Bengal government has procured 7.52 lakh metric tonne of paddy
till February 24, according to Jyotipriyo Mallick, state food and supplies
minister. The minister said the government had procured 38.59 lakh metric
tonne of paddy in Kharif marketing season (KMS) of 2015-16. Altogether
328 centralised procurement centres have been set up in the state. He said
the state government would meet the procurement target ahead of its
schedule, adding that 18 lakh farming families were benefited in the last
KMS. In 2017 so far, he said 3.2 lakh farmer have sold paddy. The food
and supplies department along with health and family welfare department
jointly run a programme to combat malnutrition. Nearly 4,000 children
suffering from severe acute malnutrition (SAM) identified by the Health
department, are unit wise (mother and SAM child) being provided 5 kg
rice, 2 kg wheat, 1 kg masur dal and 1kg Bengal gram per month free of
cost for six months. Introduced in October 2014, the project has been very
effective, the minister said.
 The export of soybean meal and its other value added products
showed an increase of 594.40% during February 2017. As per data
compiled by Soybean Processors Association of India (SOPA), the
export has been pegged at 207,977 tonnes compared to 29,951 tonnes
in February 2016. On a financial year basis, the export during April
2016 to February 2017 stood at 8,09,271 tonnes as compared to
3,60,652 tonnes in the same period of previous year, showing an
increase of 124.39%. Further, during current oil year (October -
September), total exports during October 2016 to February 2017 stood
at 7,33,539 tonnes as against 1,59,124 tonnes last year, showing an
increase of 360.98%.
 Turmeric futures traded lower on NCDEX on heavy arrivals from
the producing regions. The turmeric arrivals in the country increase to
54,641 tons during February 27- March 4 compared to 28,454 tons
during previous week. Though, some losses were capped on rising
exports as well as domestic demand at the spot market. On the export
front, country exported about 82,115 tons during April-December
period, up by 28% compared to last year exports of 64,105 tons. The
contract for April delivery was trading at Rs 6726.00, down by 1.64%
or Rs 112.00 from its previous closing of Rs 6838.00. The open interest
of the contract stood at 14030 lots. The contract for May delivery was
trading at Rs 6750.00, down by 1.20% or Rs 82.00 from its previous
closing of Rs 6832.00.
 JSoyabean futures traded lower on NCDEX due to ample supplies in
the domestic physical markets. Further, lower prices in international
markets too added pressure on domestic prices. Though, increase in
exports of soybean meal capped some losses. The reports from SOPA
stated that, soymeal exports rose over sevenfold to 207,977 tonnes in
February 2017, compared to 29,951 tonnes in February 2016 showing
7-fould increase in exports.

5. Technical Outlook
5
SELL CORIANDER APRBELOW 6690 TARGET 6675 6615 6545
SL ABOVE 6720
SELL TURMERIC 20APR BELOW 6600 TARGET 6570 6530 6480
SL ABOVE 6648
SELL GUARGUM5 20APRBELOW 8450 TARGET 8420 8360
8310 SL ABOVE 8500

6. Disclaimer
 The information and views in this report, our website & all the service we provide are believed to be reliable, but we do not accept any
responsibility (or liability) for errors of fact or opinion. Users have the right to choose the product/s that suits them the most.
 Sincere efforts have been made to present the right investment perspective. The information contained herein is based on analysis and
up on sources that we consider reliable. This material is for personal information and based upon it & takes no responsibility.
 The information given herein should be treated as only factor, while making investment decision. The report does not provide
individually tailor-made investment advice. Epic research recommends that investors independently evaluate particular investments
and strategies, and encourages investors to seek the advice of a financial adviser. Epic research shall not be responsible for any
transaction conducted based on the information given in this report, which is in violation of rules and regulations of NSE and BSE.
 The share price projections shown are not necessarily indicative of future price performance. The information herein, together with all
estimates and forecasts, can change without notice. Analyst or any person related to epic research might be holding positions in the
stocks recommended. It is understood that anyone who is browsing through the site has done so at his free will and does not read any
views expressed as a recommendation for which either the site or its owners or anyone can be held responsible for. Any surfing and
reading of the information is the acceptance of this disclaimer. All Rights Reserved.
 Investment in equity & bullion market has its own risks.
 We, however, do not vouch for the accuracy or the completeness thereof. we are not responsible for any loss incurred whatsoever for
any financial profits or loss which may arise from the recommendations above epic research does not purport to be an invitation or an
offer to buy or sell any financial instrument. Our Clients (Paid Or Unpaid), Any third party or anyone else have no rights to forward or
share our calls or SMS or Report or Any Information Provided by us to/with anyone which is received directly or indirectly by them. If
found so then Serious Legal Actions can be taken.
Lovelesh
Sharma
Digitally signed by Lovelesh Sharma
DN: cn=Lovelesh Sharma c=IN
o=Personal
Reason: I am the author of this
document
Location:
Date: 2017-03-07 19:46+05:30