CAPITALSTARS FINANCIAL RESEARCH PVT. LTD.
DAILY AGRI REPORT 04 TH AUGUST 2014
DAILY AGRI COMMODITY REPORT
Phone: +91731 679 00 00 , 666 99 00 E-mail: info@capitalstars.com http://www.capitalstars.com Capital Stars Financial Research Pvt. Ltd. Plot No. 12, Scheme No. 78, Part – II, Vijay Nagar, INDORE 452010 (M.P.)
AGRI WRAP
TURMERIC Turmeric futures ended almost flat although buying interests were visible on lower acreage in Andhra Pradesh, a top producing state in Southern India. The key August contract closed 0.03 percent up at 6,420 rupees per 100 kg.
TURMERIC (AUGUST) DAILY CHART
TURMERIC (AUGUST) TECHNICAL VIEW: TREND: CONSOLIDATE SUPPORT 1: 6370, SUPPORT 2: 6300, RESISTENCE 1: 6490, RESISTENCE 2: 6572. STRATEGY: BUY ON DIPS DAILY AGRI COMMODITY REPORT
Phone: +91731 679 00 00 , 666 99 00 E-mail: info@capitalstars.com http://www.capitalstars.com Capital Stars Financial Research Pvt. Ltd. Plot No. 12, Scheme No. 78, Part – II, Vijay Nagar, INDORE 452010 (M.P.)
SOYABEAN Soybean futures were up on buying interest as area coverage for the main summer oilseed crop fell due to poor rains over the country's oilseeds regions. Soyoil went up due to a weakness in the Indian currency which made overseas purchases cheaper. Rapeseed futures witnessed profit taking. The August rapeseed contract was 0.6 percent down at 3,595 rupees per 100 kg, while the October soybean contract ended 1.1 percent higher at 3,678 rupees per 100 kg.
SOYABEAN (OCTOBER) DAILY CHART
SOYABEAN (OCTOBER) TECHNICAL VIEW: TREND: CONSOLIDATE SUPPORT 1:3580, SUPPORT 2: 3500, RESISTENCE 1: 3704, RESISTENCE 2: 3750, STRATEGY: SELL ON RISE DAILY AGRI COMMODITY REPORT
Phone: +91731 679 00 00 , 666 99 00 E-mail: info@capitalstars.com http://www.capitalstars.com Capital Stars Financial Research Pvt. Ltd. Plot No. 12, Scheme No. 78, Part – II, Vijay Nagar, INDORE 452010 (M.P.)
CHANA Chana, or chickpea, futures ended almost flat and may open lower due to good monsoon rains over the main pulses areas. The August chana contract ended at 2,805 rupees per 100 kg.
CHANA (AUGUST) DAILY CHART
CHANA (AUGUST) TECHNICAL VIEW: TREND: BEARISH SUPPORT 1: 2740, SUPPORT 2: 2695, RESISTENCE 1: 2840, RESISTENCE 2: 2926. STRATEGY: SELL ON RISE DAILY AGRI COMMODITY REPORT
Phone: +91731 679 00 00 , 666 99 00 E-mail: info@capitalstars.com http://www.capitalstars.com Capital Stars Financial Research Pvt. Ltd. Plot No. 12, Scheme No. 78, Part – II, Vijay Nagar, INDORE 452010 (M.P.)
JEERA Jeera, or cumin seed, futures ended up on short covering but the contract is expected to open weak on large local supplies. The key August contract ended up 0.5 percent at 11,240 rupees per 100 kg.
JEERA (AUGUST) DAILY CHART
JEERA (AUGUST) TECHNICAL VIEW: TREND: CONSOLIDATE SUPPORT 1: 11040, SUPPORT 2: 10970, RESISTENCE 1: 11570, RESISTENCE 2: 11780. STRATEGY: SELL ON RISE DAILY AGRI COMMODITY REPORT
Phone: +91731 679 00 00 , 666 99 00 E-mail: info@capitalstars.com http://www.capitalstars.com Capital Stars Financial Research Pvt. Ltd. Plot No. 12, Scheme No. 78, Part – II, Vijay Nagar, INDORE 452010 (M.P.)
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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
Phone: +91731 679 00 00 , 666 99 00 E-mail: info@capitalstars.com http://www.capitalstars.com Capital Stars Financial Research Pvt. Ltd. Plot No. 12, Scheme No. 78, Part – II, Vijay Nagar, INDORE 452010 (M.P.)