1. DAILY AGRI COMMODITY REPORT
CAPITALSTARS FINANCIAL RESEARCH PVT. LTD.
DAILY AGRI REPORT
01ST SEPTEMBER 2014
2. DAILY AGRI COMMODITY REPORT
AGRI WRAP TURMERIC Turmeric futures jumped on an improvement in demand and concerns over production due to scanty rainfall in key growing areas. The key September contract closed 2.4 percent higher at 6,616 rupees per 100 kg. TURMERIC (SEPTEMBER) DAILY CHART
TURMERIC (SEPTEMBER) TECHNICAL VIEW:
TREND: CONSOLIDATE SUPPORT 1: 6300,
SUPPORT 2: 6100, RESISTENCE 1: 6750,
RESISTENCE 2: 6800. STRATEGY: SELL ON RISE
3. DAILY AGRI COMMODITY REPORT
SOYABEAN Indian oilseeds and soyoil futures rose on Thursday, following gains in overseas markets and on an improvement in demand due to upcoming festivals. India celebrates the festivals of Dussehra and Diwali in the next two months, when edible oil demand goes up. The key October soybean contract closed 0.7 percent higher at 3,358 rupees per 100 kg, while the September rapeseed contract finished up 1 percent at 3,567 rupees per 100 kg. SOYABEAN (OCTOBER) DAILY CHART
SOYABEAN (OCTOBER) TECHNICAL VIEW:
TREND: CONSOLIDATE SUPPORT 1:3300,
SUPPORT 2: 3250, RESISTENCE 1: 3370,
RESISTENCE 2: 3490, STRATEGY: SELL ON RISE
4. DAILY AGRI COMMODITY REPORT
CHANA Chana, or chickpea, futures edged higher as demand rose in spot markets due to the festivals. The September contract closed higher 0.74 percent at 2,847 rupees per 100 kg. CHANA (SEPTEMBER) DAILY CHART
CHANA (SEPTEMBER) TECHNICAL VIEW:
TREND: CONSOLIDATE SUPPORT 1: 2760,
SUPPORT 2: 2650, RESISTENCE 1: 2865,
RESISTENCE 2: 2900. STRATEGY: SELL ON RISE
5. DAILY AGRI COMMODITY REPORT
JEERA Jeera, or cumin seed, futures ended up on buying interest at low levels. The key September contract ended up 0.1 percent at 11,200 rupees per 100 kg. JEERA (SEPTEMBER) DAILY CHART
JEERA (SEPTEMBER) TECHNICAL VIEW:
TREND: CONSOLIDATE SUPPORT 1: 10970,
SUPPORT 2: 10850, RESISTENCE 1: 11230,
RESISTENCE 2: 11460. STRATEGY: SELL ON RISE
6. DAILY AGRI COMMODITY REPORT
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)
