1. DAILY AGRI COMMODITY REPORT
CAPITALSTARS FINANCIAL RESEARCH PVT. LTD.
DAILY AGRI REPORT
02ND SEPTEMBER 2014
2. DAILY AGRI COMMODITY REPORT
AGRI WRAP TURMERIC Turmeric futures fell on profit-taking after rains in the growing belt of South India, mainly in Andhra Pradesh and Telangana, bolstered prospects of higher output. The key September contract closed 2.1 percent down at 6,496 rupees per 100 kg. TURMERIC (SEPTEMBER) DAILY CHART
TURMERIC (SEPTEMBER) TECHNICAL VIEW:
TREND: CONSOLIDATE SUPPORT 1: 6300,
SUPPORT 2: 6100, RESISTENCE 1: 6670,
RESISTENCE 2: 6750. STRATEGY: SELL ON RISE
3. DAILY AGRI COMMODITY REPORT
SOYABEAN Soy futures were down on prospects of higher output after beneficial monsoon over the soybean-growing areas of the central India. Rapeseed futures reflected the sentiment in the soy complex and closed lower. The key October soybean contract closed 2 percent down at 3,270 rupees per 100 kg, while the September rapeseed contract ended down 1.4 percent at 3,535 rupees per 100 kg. SOYABEAN (OCTOBER) DAILY CHART
SOYABEAN (OCTOBER) TECHNICAL VIEW:
TREND: CONSOLIDATE SUPPORT 1:3250,
SUPPORT 2: 3140, RESISTENCE 1: 3370,
RESISTENCE 2: 3490, STRATEGY: SELL ON RISE
4. DAILY AGRI COMMODITY REPORT
CHANA Chana, or chickpea, futures edged up as demand rose in spot markets due to a host of festivals. The September contract closed higher 0.5 percent at 2,860 rupees per 100 kg. CHANA (SEPTEMBER) DAILY CHART
CHANA (SEPTEMBER) TECHNICAL VIEW:
TREND: CONSOLIDATE SUPPORT 1: 2802,
SUPPORT 2: 2760, RESISTENCE 1: 2870,
RESISTENCE 2: 2900. STRATEGY: BUY ON DIPS
5. DAILY AGRI COMMODITY REPORT
JEERA Jeera, or cumin seed, futures ended down on beneficial rains over the growing region of the western state of Gujarat. The key September contract ended down 1.2 percent at 11,055 rupees per 100 kg. JEERA (SEPTEMBER) DAILY CHART
JEERA (SEPTEMBER) TECHNICAL VIEW:
TREND: BEARISH SUPPORT 1: 10970,
SUPPORT 2: 10750, RESISTENCE 1: 11230,
RESISTENCE 2: 11460. STRATEGY: SELL ON RISE
6. DAILY AGRI COMMODITY REPORT
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