Daily commodity report

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CAPITALSTARS FINANCIAL RESEARCH PVT. LTD.

DAILY AGRI REPORT 25 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 were higher on some local demand, though higher carry-forward stocks may weigh on sentiment on Friday. The key August contract closed 0.69 percent higher at 6,444 rupees per 100 kg.

TURMERIC (AUGUST) DAILY CHART

TURMERIC (AUGUST) TECHNICAL VIEW: TREND: CONSOLIDATE SUPPORT 1: 6316, SUPPORT 2: 6260, RESISTENCE 1: 6570, 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 rose on Thursday on some value-buying, supported by bullish cues from overseas markets. Malaysian palm oil futures ended higher, snapping a three-day losing streak as investors short-covered positions ahead of the long weekend and as a small recovery in the comparative soy oil markets provided some relief to palm.

SOYABEAN (OCTOBER) DAILY CHART

SOYABEAN (OCTOBER) TECHNICAL VIEW: TREND: CONSOLIDATE SUPPORT 1:3660, SUPPORT 2: 3600, RESISTENCE 1: 3780, 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 edged up on lower area under summer-sown pulses due to delayed rains, though subdued demand restricted the upside. The August chana contract closed 0.21 percent higher at 2,836 rupees per 100 kg.

CHANA (AUGUST) DAILY CHART

CHANA (AUGUST) TECHNICAL VIEW: TREND: CONSOLIDATE SUPPORT 1: 2795, SUPPORT 2: 2740, RESISTENCE 1: 2855, RESISTENCE 2: 2900. 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 higher-than-expected local supplies amid weak spot demand. The key August contract fell 0.44 percent to 11,395 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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