CAPITALSTARS FINANCIAL RESEARCH PVT. LTD.
DAILY AGRI REPORT 20 TH OCTOBER 2014
DAILY AGRI COMMODITY REPORT
AGRI WRAP TURMERIC Turmeric futures ended lower on large stocks and subdued export demand but concerns about lower yield could support prices on Monday. The key November contract closed 2.20 percent lower at 6,040 rupees per 100 kg.
TURMERIC (NOVEMBER) DAILY CHART
TURMERIC (NOVEMBER) TECHNICAL VIEW: TREND: CONSOLIDATE SUPPORT 1: 5950, SUPPORT 2: 5850, RESISTENCE 1: 6220, RESISTENCE 2: 6320. STRATEGY: SELL ON RISE DAILY AGRI COMMODITY REPORT
SOYABEAN Indian soybean futures rose on Friday as lower-than-expected supplies from the new season crop due to delayed sowing lifted prices. Soyoil futures, however, fell on higher imports of edible oils. The key November soybean contract closed 0.89 percent higher at 3,069 rupees per 100 kg on the National Commodity & Derivatives Exchange.
SOYABEAN (NOVEMBER) DAILY CHART
SOYABEAN (NOVEMBER) TECHNICAL VIEW: TREND: CONSOLIDATE SUPPORT 1:3005, SUPPORT 2: 2950, RESISTENCE 1: 3250, RESISTENCE 2: 3315. STRATEGY: BUY ON DIPS DAILY AGRI COMMODITY REPORT
CHANA Chana, or chickpea, futures slipped on profit-taking though a rise in the local consumption of dal and chana flour in the festive season are expected to support prices on Monday. The November contract fell 0.48 percent to 2,886 rupees per 100 kg.
CHANA (NOVEMBER) DAILY CHART
CHANA (NOVEMBER) TECHNICAL VIEW: TREND: CONSOLIDATE SUPPORT 1: 2870, SUPPORT 2: 2840, RESISTENCE 1: 2950, RESISTENCE 2: 2970. STRATEGY: BUY ON DIPS DAILY AGRI COMMODITY REPORT
JEERA Jeera, or cumin seed, futures ended up on overseas demand though higher arrivals limited the upside. The key November contract closed up 0.23 percent at 10,960 rupees per 100 kg.
JEERA (NOVEMBER) DAILY CHART s
JEERA (NOVEMBER) TECHNICAL VIEW: TREND: CONSOLIDATE SUPPORT 1: 10590, SUPPORT 2: 10520, RESISTENCE 1: 11110, RESISTENCE 2: 11150. 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