CAPITALSTARS FINANCIAL RESEARCH PVT. LTD.
DAILY AGRI REPORT 27 TH FEBRUARY 2015
DAILY AGRI COMMODITY REPORT
AGRI WRAP TURMERIC Turmeric April futures traded on a sluggished on Thursday (5.00pm) at India's National Commodity & Derivatives Exchange(NCDEX). Turmeric spice decresed by -1.60% to 8870 level at NCDEX. Turmeric prices ended with gains on seasonal demand from north India and crop damage reports from south India.
TURMERIC (APRIL) DAILY CHART
TURMERIC (APRIL) TECHNICAL VIEW: TREND: MIXED TO BEARISH RESISTANCE 2: 9150, RESISTANCE 1: 9010, SUPPORT 1: 8790, SUPPORT 2: 8710. STRATEGY: SELL ON RISE DAILY AGRI COMMODITY REPORT
SOYABEAN The NCDEX Soyabean April futures sluggished by -0.24% in the last trading to close at 3371 level till Thursday closing. Moderate weakness persisted for Soybean as apprehensions of Govt reducing import duty on oilseeds in the Budget kept pressure on the prices.
SOYABEAN (APRIL) DAILY CHART
SOYABEAN (APRIL) TECHNICAL VIEW: TREND: BEARISH RESISTANCE 2:3400, RESISTANCE 1: 3380, SUPPORT 1: 3360, SUPPORT 2: 3345. STRATEGY: SELL ON RISE DAILY AGRI COMMODITY REPORT
CHANA Chana futures traded on a positive note on incresed demand on Wednesday(5.00PM). Chana April contract gained 0.49% to 3702 levels. recovery could be noted for Chana as rains in the growing states continued to pressurize market sentiments. Rains in growing areas in Rajasthan, MP and UP are reportedly beneficial for the standing crop.
CHANA (APRIL) DAILY CHART
CHANA (APRIL) TECHNICAL VIEW: TREND: BULLISH RESISTANCE 2: 3740, RESISTANCE 1: 3720, SUPPORT 1: 3675, SUPPORT 2: 3650. STRATEGY: BUY ON DIPS DAILY AGRI COMMODITY REPORT
DHANIYA The NCDEX Dhaniya April futures sluggished by -0.70 % in the last trading to close at 6220 level on Thursday. Sentiment weakened further as speculators reduced their positions on the back of sluggish demand in the market. Dhaniya is common in South Asian Middle Eastern Central Asian Mediterranean Indian Tex-Mex Latin American Portuguese Chinese African and Scandinavian.
DHANIYA (APRIL) DAILY CHART
DHANIYA (APRIL) TECHNICAL VIEW: TREND: BEARISH RESISTANCE 2: 6435, RESISTANCE 1: 6325, SUPPORT 1: 6140, SUPPORT 2: 6070, 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