Daily commodity report

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CAPITALSTARS FINANCIAL RESEARCH PVT. LTD.

DAILY AGRI REPORT 28 TH JULY 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 higher due to lower rainfall and as spot demand outweighed large stocks. The key August contract closed 1.61 percent higher at 6,548 rupees per 100 kg.

TURMERIC (AUGUST) DAILY CHART

TURMERIC (AUGUST) TECHNICAL VIEW: TREND: CONSOLIDATE SUPPORT 1: 6420, SUPPORT 2: 6316, RESISTENCE 1: 6600, RESISTENCE 2: 6700. 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 Indian oilseeds and soyoil futures dropped on Friday following weakness in overseas markets and on sluggish exports of soymeal. Chicago new-crop soybeans edged lower, giving up some recent gains struck on concerns over dry U.S. weather and strong end-user demand, but may find support from forecasts for less rain. The October soybean contract ended 0.18 percent lower at 3,725 rupees per 100 kg and the August rapeseed contract fell 0.33 percent to 3,611 rupees per 100 kg.

SOYABEAN (OCTOBER) DAILY CHART

SOYABEAN (OCTOBER) TECHNICAL VIEW: TREND: CONSOLIDATE SUPPORT 1:3660, SUPPORT 2: 3600, RESISTENCE 1: 3750, RESISTENCE 2: 3860, 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 rose supported by lower area under summer-sown pulses due to delayed rains. The August chana contract closed 0.70 percent higher at 2,856 rupees per 100 kg.

CHANA (AUGUST) DAILY CHART

CHANA (AUGUST) TECHNICAL VIEW: TREND: CONSOLIDATE SUPPORT 1: 2795, SUPPORT 2: 2740, RESISTENCE 1: 2900, 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 rose due to a fall in local supplies and on some overseas demand. The key August contract rose 0.96 percent to 11,505 rupees per 100 kg.

JEERA (AUGUST) DAILY CHART

JEERA (AUGUST) TECHNICAL VIEW: TREND: CONSOLIDATE SUPPORT 1: 11250, SUPPORT 2: 11000, RESISTENCE 1: 11620, 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.)


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