Daily agri report

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CAPITALSTARS FINANCIAL RESEARCH PVT. LTD.

DAILY AGRI REPORT 15 TH JULY 2014

DAILY AGRI COMMODITY REPORT Phone: +917316790000 E-mail: info@capitalstars.com

http://www.capitalstars.com


AGRI WRAP

TURMERIC Turmeric futures rose despite a revival in monsoon rains in key producing southern states. The key August contract finished up 1.26 percent at 6,608 rupees per 100 kg.

TURMERIC (AUGUST) DAILY CHART

TURMERIC (AUGUST) TECHNICAL VIEW: TREND: CONSOLIDATE SUPPORT 1: 6316, SUPPORT 2: 6164, RESISTENCE 1: 6830, RESISTENCE 2: 7000. STRATEGY: BUY ON DIPS DAILY AGRI COMMODITY REPORT Phone: +917316790000 E-mail: info@capitalstars.com

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SOYABEAN Indian soyoil futures fell on Monday, tracking weak overseas markets, while the soybean contract dropped because of poor demand for Indian soymeal. Malaysian palm oil futures slipped to a more than nine-month low on Monday, tracking heavy losses in overseas soy and crude oil markets, while a firmer ringgit further dampened buying interest in the tropical oil. The key October soybean contract closed down 1.26 percent at 3,692 rupees per 100 kg, while the August rapeseed contract rose 0.78 percent to 3,613 rupees per 100 kg.

SOYABEAN (OCTOBER) DAILY CHART

SOYABEAN (OCTOBER) TECHNICAL VIEW: TREND: BEARISH SUPPORT 1:3660, SUPPORT 2: 3590, RESISTENCE 1: 3780, RESISTENCE 2: 3870, STRATEGY: SELL ON RISE DAILY AGRI COMMODITY REPORT Phone: +917316790000 E-mail: info@capitalstars.com

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CHANA Chana, or chickpea, futures rebounded on bargain buying, though ample supplies capped the upside. The August chana contract rose 1.48 percent to 2,885 rupees per 100 kg.

CHANA (AUGUST) DAILY CHART

CHANA (AUGUST) TECHNICAL VIEW: TREND: CONSOLIDATE SUPPORT 1: 2820, SUPPORT 2: 2740, RESISTENCE 1: 2925, RESISTENCE 2: 3020. STRATEGY: SELL ON RISE DAILY AGRI COMMODITY REPORT Phone: +917316790000 E-mail: info@capitalstars.com

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JEERA Jeera, or cumin seed, futures edged up on concerns around production. The key August contract climbed up 0.39 percent to 11,725 rupees per 100 kg.

JEERA (AUGUST) DAILY CHART

JEERA (AUGUST) TECHNICAL VIEW: TREND: CONSOLIDATE SUPPORT 1: 11400, SUPPORT 2: 11250, RESISTENCE 1: 11850, RESISTENCE 2: 12100. STRATEGY: BUY ON DIPS DAILY AGRI COMMODITY REPORT Phone: +917316790000 E-mail: info@capitalstars.com

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DISCLAIMER The information and views in this report, our website & all the service we provide are believed to be reliable, but we do Company not accept any responsibility (or liability) for errors of fact or opinion. Users have the right to choose the product/s that suits them the most. Use of this report in no way constitutes a client/advisor relationship, all information we communicate to you (the subscriber) either through our Web site or other forms of communications, are purely for informational purposes only. We recommend seeking individual investment advice before making any investment, for you are assuming sole liability for your investments. Capital Stars will in no way have discretionary authority over your trading or investment accounts. All rights reserved.

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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: +917316790000 E-mail: info@capitalstars.com

http://www.capitalstars.com


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