CAPITALSTARS FINANCIAL RESEARCH PVT. LTD.
DAILY AGRI REPORT 01 ST 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 lower due to some showers in Andhra Pradesh, the top cultivating state, and on weak local demand. The key August contract closed 0.80 percent lower at 6,418 rupees per 100 kg. Traders, however, expect local demand to improve from August due to festivals.
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 Oilseeds and soyoil futures were up on some buying interest at lower levels ahead of festivals, though the trend for the next session looks weaker due to a pick-up in the monsoon. The August rapeseed contract was 0.14 percent up at 3,597 rupees per 100 kg, while the October soybean contract ended 0.14 percent higher at 3,639 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 weaker and may continue to trade lower on Friday due to some improvement in the monsoon in the leading pulses-cultivating regions. The August Chana contract ended 2.33 percent lower at 2,807 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 fell on sufficient local supplies amid weak local demand. The key August contract ended down 0.84 percent at 11,180 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.)