CAPITALSTARS FINANCIAL RESEARCH PVT. LTD.
DAILY AGRI REPORT 15 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 3.28 percent lower at 6,078 rupees per 100 kg.
TURMERIC (OCTOBER) DAILY CHART
TURMERIC (OCTOBER) TECHNICAL VIEW: TREND: BEARISH SUPPORT 1: 5980, SUPPORT 2: 5850, RESISTENCE 1: 6200, RESISTENCE 2: 6370. STRATEGY: SELL ON RISE DAILY AGRI COMMODITY REPORT
SOYABEAN Indian soybean and soyoil futures rose on Friday in line with the global market where the palm oil contract touched its highest in over three weeks. Malaysian palm oil futures edged up to touch their highest in over three weeks on Friday, with prices recording a second straight weekly gain thanks to firm soyoil markets overseas and a surge in crude palm oil export demand. The key October soybean contract on the National Commodity & Derivatives Exchange closed 0.19 percent higher at 3,177 rupees per 100 kg.
SOYABEAN (OCTOBER) DAILY CHART
SOYABEAN (OCTOBER) TECHNICAL VIEW: TREND: CONSOLIDATE SUPPORT 1:3080, SUPPORT 2: 2950, RESISTENCE 1: 3240, RESISTENCE 2: 3280, 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 0.07 percent lower at 2,806 rupees per 100 kg.
CHANA (OCTOBER) DAILY CHART
CHANA (OCTOBER) TECHNICAL VIEW: TREND: CONSOLIDATE SUPPORT 1: 2780, SUPPORT 2: 2740, RESISTENCE 1: 2830, RESISTENCE 2: 2870. 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 0.32 percent lower at 10,775 rupees per 100 kg.
JEERA (OCTOBER) DAILY CHART
JEERA (OCTOBER) TECHNICAL VIEW: TREND: BEARISH SUPPORT 1: 10675 SUPPORT 2: 10530, RESISTENCE 1: 10940, RESISTENCE 2: 11100. STRATEGY: SELL ON RISE DAILY AGRI COMMODITY REPORT
DISCLAIMER The information and views in this report, our website & all the service we provide are believed to be reliable, but we do Company 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. Use of this report in no way constitutes a client/advisor relationship, all information we communicate to you (the subscriber) either through our Web site or other forms of communications, are purely for informational purposes only. We recommend seeking individual investment advice before making any investment, for you are assuming sole liability for your investments. Capital Stars will in no way have discretionary authority over your trading or investment accounts. All rights reserved.
CONTACT US MOB: +91 92000 99927 PHONE: +91 731 6662200 Email: info@capitalstars.com
CAPITAL STARS FINANCIAL RESEARCH PRIVATE LIMITED PLOT NO. 12, SCHEME NO. 78, PART II VIJAYNAGAR INDORE 452001 (MP)
DAILY AGRI COMMODITY REPORT