Recommended
More Related Content
What's hot
Similar to Daily commodity report
Similar to Daily commodity report (20)
Recently uploaded
Recently uploaded (20)
Daily commodity report
- 1. DAILY AGRI COMMODITY REPORT Phone: +917316790000 E-mail: info@capitalstars.com http://www.capitalstars.com CAPITALSTARS FINANCIAL RESEARCH PVT. LTD. DAILY AGRI REPORT 13TH JUNE 2014
- 2. DAILY AGRI COMMODITY REPORT Phone: +917316790000 E-mail: info@capitalstars.com http://www.capitalstars.com AGRI WRAP TURMERIC Turmeric futures surged as demand in the spot market improved on concerns over next year's output. The key July contract finished up 4 percent at 6,184 rupees per 100 kg. TURMERIC (JULY) DAILY CHART TURMERIC (JULY) TECHNICAL VIEW: TREND: CONSOLIDATE SUPPORT 1: 5850, SUPPORT 2: 5750, RESISTENCE 1: 6310, RESISTENCE 2: 6440. STRATEGY: BUY ON DIPS
- 3. DAILY AGRI COMMODITY REPORT Phone: +917316790000 E-mail: info@capitalstars.com http://www.capitalstars.com SOYABEAN Indian oilseeds and soyoil futures rose on Thursday, tracking a rise in overseas palm oil prices and on concerns over production of summer-sown crops due to forecast of lower rainfall. India's monsoon is expected to bring below-average rainfall this year, with precipitation between June and September to be between 90 and 96 percent of the long-term average. Monsoon rains in India were 48 percent below average levels in the week to June 11, data from the weather office showed on Thursday, reflecting the late onset of the annual rains over the southern Kerala coast. Oilseed and soyoil futures are likely to extend gains on Friday as sowing of soybean has been delayed in central India. SOYABEAN (JULY) DAILY CHART SOYABEAN (JULY) TECHNICAL VIEW: TREND: BEARISH SUPPORT 1:4190, SUPPORT 2: 4140, RESISTENCE 1: 4360, RESISTENCE 2: 4400, STRATEGY: SELL ON RISE
- 4. DAILY AGRI COMMODITY REPORT Phone: +917316790000 E-mail: info@capitalstars.com http://www.capitalstars.com CHANA Chana, or chickpea, futures rebounded on buying at lower levels, though ample supplies capped the upside. Futures are likely to extend gains on Friday as output of summer-sown pulses could be hit by poor rainfall. The July chana contract rose 1.97 percent to 2,852 rupees per 100 kg. CHANA (JULY) DAILY CHART CHANA (JULY) TECHNICAL VIEW: TREND: CONSOLIDATE SUPPORT 1: 2740, SUPPORT 2: 2650, RESISTENCE 1: 2900, RESISTENCE 2: 2935. STRATEGY: SELL ON RISE
- 5. DAILY AGRI COMMODITY REPORT Phone: +917316790000 E-mail: info@capitalstars.com http://www.capitalstars.com JEERA Jeera, or cumin seed, futures edged higher on an improvement in demand in the spot market. The key July contract jumped 1.88 percent to 11,115 rupees per 100 kg. JEERA (JULY) DAILY CHART JEERA (JULY) TECHNICAL VIEW: TREND: BULLISH SUPPORT 1: 10980, SUPPORT 2: 10760, RESISTENCE 1: 11220, RESISTENCE 2: 11460. STRATEGY: BUY ON DIPS
- 6. DAILY AGRI COMMODITY REPORT Phone: +917316790000 E-mail: info@capitalstars.com http://www.capitalstars.com 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. CONTACT US MOB: +91 92000 99927 PHONE: +91 731 6662200 Email: info@capitalstars.com CAPITAL STARS FINANCIAL RESEARCH PRIVATE LIMITED PLOT NO. 12, SCHEME NO. 78, PART II VIJAYNAGAR INDORE 452001 (MP)