CAPITALSTARS FINANCIAL RESEARCH PVT. LTD.
DAILY AGRI REPORT 30 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 traded lower on NCDEX as speculators indulged in reducing exposures due to subdued demand. Further, adequate supplies from producing belts against poor quality arrivals as well as huge carryover stocks also impacted the sentiments.
TURMERIC (AUGUST) DAILY CHART
TURMERIC (AUGUST) TECHNICAL VIEW: TREND: CONSOLIDATE SUPPORT 1: 6370, 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 Soyabean futures edged marginally lower on NCDEX following weakness in the overseas markets and subdued exports of soymeal. However, demand from crushers picking up in mandis across M.P & Maharashtra, capped some losses in Soyabean prices to some extent.
SOYABEAN (OCTOBER) DAILY CHART
SOYABEAN (OCTOBER) TECHNICAL VIEW: TREND: CONSOLIDATE SUPPORT 1:3630, SUPPORT 2: 3580, 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 futures traded higher on NCDEX, supported by lower area under summer-sown pulses due to delayed rains. Further, improved demand in the physical markets especially from the millers too supported chana prices uptrend.
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 As export and domestic demand waned, offloading of positions by speculators against adequate stocks position kept jeera prices lower in the futures market. Spot price, however, remained almost stable. NCDEX, jeera August contracts were down 0.87% to ₹11,410 a quintal.
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.)