1. DAILY AGRI COMMODITY REPORT
CAPITALSTARS FINANCIAL RESEARCH PVT. LTD.
DAILY AGRI REPORT
26TH AUGUST 2014

2. DAILY AGRI COMMODITY REPORT
AGRI WRAP TURMERIC Turmeric futures fell on a correction as growing areas of Andhra Pradesh state in south India received good rains, improving prospects for the crop. The key September contract fell 1.6 percent to close at 6,506 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 soyoil futures rose on buying interest ahead of the festival season that starts from next month. But soybean futures were down as acreage of the main summer oilseed crop improved with the late revival of the monsoon rains over growing areas of central India. Favourable weather aided growth of the planted soybean crop and also kept buying interests away. Rapeseed futures ended up on stockist-buying interests as its meal is in demand for exports. The key October soybean contract closed 1.6 percent lower at 3,366 rupees per 100 kg on the NCDEX, while the September rapeseed contract rose 2.1 percent to 3,568 rupees per 100 kg. SOYABEAN (OCTOBER) DAILY CHART
SOYABEAN (OCTOBER) TECHNICAL VIEW:
TREND: BEARISH SUPPORT 1:3300,
SUPPORT 2: 3260, RESISTENCE 1: 3490,
RESISTENCE 2: 3550, STRATEGY: SELL ON RISE

4. DAILY AGRI COMMODITY REPORT
CHANA Chana, or chickpea, futures fell as market sentiment about its output improved due to more- than-expected coverage despite this year's weak monsoon. But chana futures may rise in the coming sessions on hopes of a pickup in demand ahead of festivals. The September contract closed down 1.1 percent at 2,864 rupees per 100 kg. CHANA (SEPTEMBER) DAILY CHART
CHANA (SEPTEMBER) TECHNICAL VIEW:
TREND: CONSOLIDATE SUPPORT 1: 2830,
SUPPORT 2: 2760, RESISTENCE 1: 2960,
RESISTENCE 2: 3020. STRATEGY: SELL ON RISE

5. DAILY AGRI COMMODITY REPORT
JEERA Jeera, or cumin seed, futures fell as the area under cultivation expanded due to the late surge in monsoon rains over major producing areas of the western state of Gujarat. The key September contract ended down 1.0 percent at 11,085 rupees per 100 kg. JEERA (SEPTEMBER) DAILY CHART
JEERA (SEPTEMBER) TECHNICAL VIEW:
TREND: CONSOLIDATE SUPPORT 1: 10850,
SUPPORT 2: 10590, RESISTENCE 1: 11460,
RESISTENCE 2: 11500. STRATEGY: SELL ON RISE

6. DAILY AGRI COMMODITY REPORT
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