CAPITALSTARS FINANCIAL RESEARCH PVT. LTD.
DAILY AGRI REPORT 11 TH SEPTEMBER 2014
DAILY AGRI COMMODITY REPORT
AGRI WRAP TURMERIC Turmeric futures slipped due to sluggish local and export demand. The key October contract closed 0.22 percent lower at 6,358 rupees per 100 kg.
TURMERIC (OCTOBER) DAILY CHART
TURMERIC (OCTOBER) TECHNICAL VIEW: TREND: CONSOLIDATE SUPPORT 1: 6270, SUPPORT 2: 6164, RESISTENCE 1: 6500, RESISTENCE 2: 6820. STRATEGY: SELL ON RISE DAILY AGRI COMMODITY REPORT
SOYABEAN Indian soyoil and soybean futures fell on Wednesday, dragged down by weak export demand for soymeal and tracking losses in U.S. soybean and Malaysian palm oil futures. Malaysian palm oil futures inched lower on Wednesday, following losses in crude and vegetable oil markets overseas with investors bracing for forecasts of bigger global oilseed supplies, although a surge in palm export curbed losses. The key October soybean contract on the National Commodity & Derivatives Exchange closed 0.89 percent lower at 3,129 rupees per 100 kg.
SOYABEAN (OCTOBER) DAILY CHART
SOYABEAN (OCTOBER) TECHNICAL VIEW: TREND: BEARISH SUPPORT 1:3080, SUPPORT 2: 2950, RESISTENCE 1: 3280, RESISTENCE 2: 3370, STRATEGY: SELL ON RISE DAILY AGRI COMMODITY REPORT
CHANA Chana, or chickpea, futures fell on hopes of bumper production from the winter-sown crop due to good rainfall in the top producing state of Madhya Pradesh. The October contract closed 1.02 percent higher at 2,824 rupees per 100 kg.
CHANA (OCTOBER) DAILY CHART
CHANA (OCTOBER) TECHNICAL VIEW: TREND: CONSOLIDATE SUPPORT 1: 2815, SUPPORT 2: 2745, RESISTENCE 1: 2870, RESISTENCE 2: 2950. STRATEGY: SELL ON RISE DAILY AGRI COMMODITY REPORT
JEERA Jeera, or cumin seed, futures ended weak as an improvement in demand offset prospects of higher output due to good rainfall in the top producing Gujarat state. The key October contract closed 0.96 percent lower at 10,850 rupees per 100 kg.
JEERA (OCTOBER) DAILY CHART
JEERA (OCTOBER) TECHNICAL VIEW: TREND: BEARISH SUPPORT 1: 10750 SUPPORT 2: 10675, RESISTENCE 1: 11100, RESISTENCE 2: 11340. STRATEGY: SELL ON RISE DAILY AGRI COMMODITY REPORT
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CAPITAL STARS FINANCIAL RESEARCH PRIVATE LIMITED PLOT NO. 12, SCHEME NO. 78, PART II VIJAYNAGAR INDORE 452001 (MP)
DAILY AGRI COMMODITY REPORT