1. DAILY AGRI COMMODITY REPORT
CAPITALSTARS FINANCIAL RESEARCH PVT. LTD.
DAILY AGRI REPORT
17TH OCTOBER 2014
2. DAILY AGRI COMMODITY REPORT
AGRI WRAP TURMERIC Turmeric futures edged lower on NCDEX higher supplies from producing belts nizamabad. The November contract ended 1.75% lower at Rs. 6158. TURMERIC (NOVEMBER) DAILY CHART
TURMERIC (NOVEMBER) TECHNICAL VIEW:
TREND: CONSOLIDATE SUPPORT 1: 6100,
SUPPORT 2: 6040, RESISTENCE 1: 6320,
RESISTENCE 2: 6500. STRATEGY: SELL ON RISE
3. DAILY AGRI COMMODITY REPORT
SOYABEAN Soyabean futures traded higher on NCDEX, supported by higher demand in the spot market. Further, increase in overseas prices due to the reports of variable yields and harvest delays too supported spyabean prices uptrend here. SOYABEAN (NOVEMBER) DAILY CHART
SOYABEAN (NOVEMBER) TECHNICAL VIEW:
TREND: CONSOLIDATE SUPPORT 1:2925,
SUPPORT 2: 2900, RESISTENCE 1: 3115,
RESISTENCE 2: 3172. STRATEGY: BUY ON DIPS
4. DAILY AGRI COMMODITY REPORT
CHANA Chana prices closed flat at the National Commodity & Derivatives Exchange Limited (NCDEX) while prices pressurized from higher levels as a result of the steady sowing progress of pulses along with high supplies in major producing states. CHANA (NOVEMBER) DAILY CHART
CHANA (NOVEMBER) TECHNICAL VIEW:
TREND: CONSOLIDATE SUPPORT 1: 2870,
SUPPORT 2: 2840, RESISTENCE 1: 2950,
RESISTENCE 2: 2970. STRATEGY: BUY ON DIPS
5. DAILY AGRI COMMODITY REPORT
JEERA Jeera futures traded down on NCDEX on prospects of higher output due to good rainfall in top producing Gujarat state. However, some fresh export demand capped some losses in jeera prices to some extent. JEERA (NOVEMBER) DAILY CHART
JEERA (NOVEMBER) TECHNICAL VIEW:
TREND: CONSOLIDATE SUPPORT 1: 10590,
SUPPORT 2: 10520, RESISTENCE 1: 11110,
RESISTENCE 2: 11150. STRATEGY: SELL ON RISE
6. DAILY AGRI COMMODITY REPORT
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