Agri report by capital stars 3 dec 2014

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CAPITALSTARS FINANCIAL RESEARCH PVT. LTD.

DAILY AGRI REPORT 3 RD DECEMBER 2014

DAILY AGRI COMMODITY REPORT


AGRI WRAP TURMERIC Turmeric December futures traded on a positive note on Tuesday at India's National Commodity& Derivatives Exchange(NCDEX).Turmeric spice Incresed by 1.77% to 6316 level on Tuesday (5.00pm) at NCDEX..

TURMERIC (DECEMBER) DAILY CHART

TURMERIC (DECEMBER) TECHNICAL VIEW: TREND: MIXED TO BULIISH SUPPORT 1: 6380, SUPPORT 2: 6325, RESISTENCE 1: 6445, RESISTENCE 2: 6490. STRATEGY: BUY ON DIPS DAILY AGRI COMMODITY REPORT


SOYABEAN Soyabean futures closed on positive zone 0.3% to 3276 levels on monday(5.00pm) at NCDEX Soybeans rebounded from the lowest price in more than a week after agovernment report showed increasing demand for supplies from the U.S., the world’s top grower.

SOYABEAN (DECEMBER) DAILY CHART

SOYABEAN (DECEMBER) TECHNICAL VIEW: TREND: BEARISH SUPPORT 1:3240, SUPPORT 2: 3210, RESISTENCE 1: 3305, RESISTENCE 2: 3330. STRATEGY: SELL ON RISE DAILY AGRI COMMODITY REPORT


CHANA Chana Dec. futures traded on a positive note down by 0.23% to 3077 levels till Tuesday at 5pm , In Indian markets, reports of lower sowing due to prevailing low rates, good demand from millers and Govt agencies and a rise in MSP from Rs 3100/Q to Rs 3175/Q had supported prices.

CHANA (DECEMBER) DAILY CHART

CHANA (DECEMBER) TECHNICAL VIEW: TREND: MIXED TO BULISH SUPPORT 1: 3050, SUPPORT 2: 3025, RESISTENCE 1: 3100, RESISTENCE 2: 3125, STRATEGY: BUY ON DIPS DAILY AGRI COMMODITY REPORT


JEERA Jeera December contract surged up by -0.49 per cent in last trading to close at 12200 till Tuesday (5.00 pm) at India's National Commodity& Derivative Exchange(NCDEX). However reports of likely fall in sowing area and expected rise inExport demand in coming weeks (aided by a strong Dollar vs Re) could support prices in medium term.

JEERA (DECEMBER) DAILY CHART

JEERA (DECEMBER) TECHNICAL VIEW: TREND: CONSOLIDATION SUPPORT 1: 11975, SUPPORT 2: 11825, RESISTENCE 1: 12350, RESISTENCE 2: 12750, STRATEGY: BUY ON DIPS 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


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