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COMMODITY MARKET OUTLOOK

[DAILY REPORT]

26th Dec, 2011

DAILY REPORT

TOP TRADES TO WATCH OUT FOR IN METALS / ENERGY MCX Menthaoil Dec `1313.10

Traders can go long between `1310--`1315 levels with a stoploss placed below ` 1299 levels for upside targets of `1330 / `1340 levels.

Contact: +91 22 67415443

www.miteshthacker.com

DAILY REPORT

TOP TRADES TO WATCH OUT FOR IN AGRI-COMMODITIES NCDEX Wheat Jan `1185.00

Traders can go long between `1190--`1175 levels with a stoploss placed below `1141 levels for upside targets of `1225 / `1250 levels. NCDEX RM Seed Jan `3452.00

Traders can go short between `3440--`3460 levels with a stoploss placed above `3301 levels for downside targets of `3400 / `3375 levels.

Contact: +91 22 67415443

www.miteshthacker.com

DAILY REPORT

TECHNICAL LEVLES DASHBOARD Commodity Gold Silver Copper Zinc Lead Aluminium Nickel Crude oil Jeera Pepper Turmeric Mustard Seed Ref Soya Oil Guar Seed Guar Gum Chana Menthaoil Exchg MCX MCX MCX MCX MCX MCX MCX MCX Contract FEB MAR FEB DEC DEC DEC DEC JAN Sup-2 Sup-1 27762.67 27779.33 52934.00 53023.00 406.10 98.03 105.52 105.42 980.80 5276.33 406.55 98.12 105.68 105.53 983.10 5282.67 Close Res-1 27796.00 27808.33 53112.00 53178.00 407.00 98.20 105.85 105.65 985.40 5289.00 407.55 98.27 106.08 105.78 986.90 5297.67 Res-2 27820.67 53244.00 408.10 98.33 106.32 105.92 988.40 5306.33 15987.67 34960.00 4546.67 3518.00 703.28 7523.00 24677.67 3266.33 1321.37

AGRI-COMMODITIES NCDEX JAN 14935.67 15286.33 NCDEX JAN 32800.00 33160.00 NCDEX JAN NCDEX JAN NCDEX JAN NCDEX JAN NCDEX JAN NCDEX JAN MCX DEC 4438.67 3406.00 687.58 7031.00 3058.33 1304.37 4465.33 3429.00 690.37 7134.00 3119.67 1308.73

15637.00 15812.33 33520.00 34240.00 4492.00 3452.00 693.15 7237.00 3181.00 1313.10 4519.33 3485.00 698.22 7380.00 3223.67 1317.23

23255.67 23572.33

23889.00 24283.33

Disclaimer

This document has been prepared by Mitesh Thacker. This document does not constitute an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction and is only an expression of technical views. The information contained herein is from publicly available data or other sources believed to be reliable, but we do not represent that it is accurate or complete and it should not be relied on as such. Kindly note that we shall not be in any way responsible for any loss or damage that may arise to any person from any inadvertent error in the information contained in this report. This document is provided for assistance only and is not intended to be and must not alone be taken as the basis for an investment decision. The user assumes the entire risk of any use made of this information. Each recipient of this document should make such investigation as it deems necessary to arrive at an independent evaluation of an investment in the securities of companies referred to in this document (including the merits and risks involved), and should consult his own advisors to determine the merits and risks of such investment. The investment discussed or views expressed may not be suitable for all market participants. We and our affiliates, may: (a) from time to time, have long or short positions in, and buy or sell the securities thereof, of company (ies) mentioned herein or (b) be engaged in any other transaction involving such securities and earn brokerage or other compensation or act as advisor or lender/borrower to such company (ies) or have other potential conflict of interest with respect to any recommendation and related information and opinions. This information is strictly confidential and is being furnished to you solely for your information. This information should not be reproduced or redistributed or passed on directly or indirectly in any form to any other person or published, copied, in whole or in part, for any purpose. This report is not directed or intended for distribution to, or use by, any person or entity who is a citizen or resident of or located in any locality, state, country or other jurisdiction, where such distribution, publication, availability or use would be contrary to law, regulation or which would subject us to any registration or licensing requirements within such jurisdiction. The distribution of this document in certain jurisdictions may be restricted by law, and persons in whose possession this document comes, should inform themselves about and observe, any such restrictions. The information given in this document is as of the date of this report and there can be no assurance that future results or events will be consistent with this information. This information is subject to change without any prior notice. We reserve the right to make modifications and alterations to this statement as may be required from time to time and are under no obligation to update or keep the information current. Nevertheless, we are committed to providing independent and transparent recommendation to our clients and would be happy to provide any information in response to specific client queries. Neither we nor any of our affiliates shall be liable for any damages whether direct, indirect, special or consequential including lost revenue or lost profits that may arise from or in connection with the use of the information. Past performance is not necessarily a guide to future performance. The disclosures of interest statements incorporated in this document are provided solely to enhance the transparency and should not be treated as endorsement of the views expressed in the report.

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