Pivot Points Daily

Kotak Commodity Services Ltd

28

29

30

31

32

33

34

35

36

February 18, 2015

MCX -Agriculturals

MCX Energy

MCX- Industrial Metals

MCX- Precious Metals

GROUP

COMMODITY
MCX Gold Apr 15
MCX Gold Jun 15
MCX Silver Mar 15
MCX Silver May 15
MCX Gold Mini Mar 15
MCX Gold Mini Apr 15
MCX Silver Mini Feb 15
MCX Silver Mini Apr 15
MCX Copper Feb 15
MCX Copper Apr 15
MCX Zinc Feb 15
MCX Zinc Mar 15
MCX Nickel Feb 15
MCX Nickel Mar 15
MCX Aluminium Feb 15
MCX Aluminium Mar 15
MCX Lead Feb 15
MCX Lead Mar 15
MCX Crude Oil Feb 15
MCX Crude Oil Mar 15
MCX Natural Gas Feb 15
MCX Natural Gas Mar 15
MCX Mentha Oil Feb 15
MCX Mentha Oil Mar 15
MCX Cotton Feb 15
MCX Cotton Mar 15
MCX Kapas Mar 15
MCX Kapas Apr 15
MCX Cardamom Mar 15
MCX Cardamom Apr 15
MCX CPO Feb 15
MCX CPO Mar 15

18/02/2015

S4
24946
25332
31949
32468
24872
24977
31424
32045
329.6
342.5
122.3
125.1
800.6
823.6
110.0
111.3
104.2
107.6
2776
2859
140.7
145.8
718.6
733.5
13933
14580
239.7
245.0
1051.6
1101.2
448.2
457.4

S3
25414
25727
33565
33995
25379
25447
33236
33744
338.0
348.1
125.3
127.4
829.6
847.1
110.8
112.0
106.8
109.4
2932
3012
151.2
155.3
725.9
739.3
14233
14750
239.7
245.0
1075.4
1116.4
453.4
460.9

S2
25882
26122
35181
35522
25886
25917
35048
35443
346.4
353.7
128.4
129.7
858.6
870.6
111.7
112.8
109.3
111.2
3088
3165
161.7
164.8
733.2
745.1
14533
14920
239.7
245.0
1099.2
1131.6
458.6
464.4

S1
26051
26263
35778
36098
26063
26084
35713
36074
350.4
356.5
129.4
130.5
870.2
880.2
112.1
113.2
110.2
111.9
3167
3243
165.5
168.4
737.2
748.2
14717
15020
479.4
490.0
1112.2
1140.3
461.2
466.2

PP
26350
26517
36797
37049
26393
26387
36860
37142
354.8
359.3
131.4
132.0
887.6
894.1
112.5
113.5
111.9
113.0
3244
3318
172.2
174.3
740.5
750.9
14833
15090
239.7
245.0
1123.0
1146.8
463.8
467.9

R1
26519
26658
37394
37625
26570
26554
37525
37773
358.8
362.1
132.5
132.8
899.2
903.7
113.0
113.9
112.8
113.7
3323
3396
176.0
177.9
744.5
754.0
15017
15190
479.4
490.0
1136.0
1155.5
466.4
469.7

R2
26818
26912
38413
38576
26900
26857
38672
38841
363.2
364.9
134.5
134.3
916.6
917.6
113.4
114.3
114.4
114.8
3400
3471
182.7
183.8
747.8
756.7
15133
15260
239.7
245.0
1146.8
1162.0
469.0
471.4

R3
27286
27307
40029
40103
27407
27327
40484
40540
371.6
370.5
137.5
136.6
945.6
941.1
114.2
115.0
117.0
116.6
3556
3624
193.2
193.3
755.1
762.5
15433
15430
239.7
245.0
1170.6
1177.2
474.2
474.9

R4
27754
27702
41645
41630
27914
27797
42296
42239
380.0
376.1
140.6
138.9
974.6
964.6
115.1
115.8
119.5
118.4
3712
3777
203.7
202.8
762.4
768.3
15733
15600
239.7
245.0
1194.4
1192.4
479.4
478.4

For Private Circulation

Pivot Points Daily

NCDEX-Oilseeds Complex

GROUP

NCDEX- Pulses&
Grains

NCDEX - Spices

NCDEXIndustrials

NCDEXCotton

Sugar

Kotak Commodity Services Ltd

COMMODITY
NCDEX Soybean Feb 15

S4
3353

S3
3383

S2
3413

S1
3432

PP
3443

R1
3462

R2
3473

R3
3503

R4
3533

NCDEX Soybean Apr 15

3347

3373

3399

3413

3425

3439

3451

3477

3503

NCDEX Ref-Soyoil Feb 15

612.7

616.7

620.7

623.3

624.7

627.3

628.7

632.7

636.7

NCDEX Ref-Soyoil Feb 15

612.7

616.7

620.7

623.3

624.7

627.3

628.7

632.7

636.7

NCDEX Castor Feb 15

3429

3536

3643

3685

3750

3792

3857

3964

4071

NCDEX Castor Mar 15

3360

3515

3670

3731

3825

3886

3980

4135

4290

NCDEX Mustard Apr 15

NCDEX Mustard May 15

3225
3141

3279
3239

3333
3337

3366
3385

3387
3435

3420
3483

3441
3533

3495
3631

3549
3729

NCDEX SugarM Mar 15

2644

2653

2662

2667

2671

2676

2680

2689

2698

NCDEX SugarM May 15

NCDEX Kapas Apr 15

2737
730

2748
736

2759
741

2765
744

2770
747

2776
750

2781
752

2792
758

2803
763

NCDEX CS Oilcake Feb 15

1455

1460

1465

1467

1470

1472

1475

1480

1485

NCDEX CS Oilcake Mar 15

1456

1468

1480

1487

1492

1499

1504

1516

1528

NCDEX Guar_Seed10 Feb 15

NCDEX Guar_Seed10 Mar 15
NCDEX Guar Gum Feb 15
NCDEX Guar Gum Mar 15
NCDEX Jeera Feb 15
NCDEX Jeera Mar 15
NCDEX Dhaniya Apr 15
NCDEX Dhaniya May 15
NCDEX Turmeric Apr 15
NCDEX Turmeric May 15

3487
3483
8584
8210
12582
13329
6565
6741
7482
7860

3582
3592
8784
8540
13192
13769
6755
6896
7734
8024

3677
3701
8984
8870
13802
14209
6945
7051
7986
8188

3736
3764
9107
9060
14209
14502
7020
7111
8154
8297

3772
3810
9184
9200
14412
14649
7135
7206
8238
8352

3831
3873
9307
9390
14819
14942
7210
7266
8406
8461

3867
3919
9384
9530
15022
15089
7325
7361
8490
8516

3962
4028
9584
9860
15632
15529
7515
7516
8742
8680

4057
4137
9784
10190
16242
15969
7705
7671
8994
8844

NCDEX Chana Feb 15

NCDEX Chana Apr 15

3427
3427

3475
3504

3523
3581

3545
3622

3571
3658

3593
3699

3619
3735

3667
3812

3715
3889

NCDEX Delhi Wheat Feb 15

NCDEX Delhi Wheat Mar 15
NCDEX Maize Kharif Mar 15
NCDEX Maize Rabi Apr 15

1605
1579
1247
1169

1615
1592
1253
1169

1625
1605
1259
1169

1629
1610
1262
1169

1635
1618
1265
1169

1639
1623
1268
1169

1645
1631
1271
1169

1655
1644
1277
1169

1665
1657
1283
1169

18/02/2015

For Private Circulation

Pivot Points Daily

ACECotto
n

GROUP

COMMODITY

Kotak Commodity Services Ltd

S4

S3

S2

S1

PP

R1

R2

R3

R4

ACE Cotton Feb 15

30367

30577

30787

30884

30997

31094

31207

31417

31627

ACE Cotton Mar 15

30947

31147

31347

31444

31547

31644

31747

31947

32147

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This material is for the personal information of the authorized recipient, and we are not soliciting any action based upon it. This report is not to be construed
as an offer to sell or the solicitation of an offer to buy any commodity or commodity derivative in any jurisdiction where such an offer or solicitation would be
illegal. It is for the general information of clients of Kotak Commodity Services Limited. It does not constitute a personal recommendation or take into
account the particular investment objectives, financial situations, or needs of individual clients.
We have reviewed the report, and in so far as it includes current or historical information, it is believed to be reliable though its accuracy or completeness
cannot be guaranteed. Neither Kotak Commodity Services Limited, nor any person connected with it, accepts any liability arising from the use of this
document. The recipients of this material should rely on their own investigations and take their own professional advice.
Price and value of the investments referred to in this material may go up or down. Past performance is not a guide for future performance. Certain
transactions -including those involving futures, options and other derivatives as well as non-investment grade securities - involve substantial risk and are
not suitable for all investors. Reports based on technical analysis centers on studying charts of a stock's price movement and trading volume, as opposed
to focusing on a commoditys fundamentals and as such, may not match with a report on a commodity's fundamentals.
Opinions expressed are our current opinions as of the date appearing on this material only. While we endeavor to update on a reasonable basis the
information discussed in this material, there may be regulatory, compliance, or other reasons that prevent us from doing so. Prospective investors and
others are cautioned that any forward-looking statements are not predictions and may be subject to change without notice. Our proprietary trading and
investment businesses may make investment decisions that are inconsistent with the recommendations expressed herein.
We and our affiliates, officers, directors, and employees world wide may: (a) from time to time, have long or short positions in, and buy or sell the
commodities mentioned herein or (b) be engaged in any other transaction involving such commodities and earn brokerage or other compensation or act as
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information and opinions.
The analyst for this report certifies that all of the views expressed in this report accurately reflect his or her personal views about the subject commodity and
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Registered Office: Kotak Commodity Services Ltd., Nirlon House, 1st Floor, Dr Annie Besant Road, Opp Sasmira, Worli, Mumbai 400 025.

18/02/2015

For Private Circulation