1. DAILY AGRI COMMODITY REPORT
CAPITALSTARS FINANCIAL RESEARCH PVT. LTD.
DAILY AGRI REPORT
30TH SEPTEMBER 2014

2. DAILY AGRI COMMODITY REPORT
AGRI WRAP TURMERIC Turmeric futures traded up on NCDEX taking cues from the start of the annual monsoon rains from the South Asian countries. Further, speculators enlarged positions amidst rising exports demand too influenced the prices. However, higher acreage in Telangana coupled with huge carryover stocks limited the gains. TURMERIC (OCTOBER) DAILY CHART
TURMERIC (OCTOBER) TECHNICAL VIEW:
TREND: CONSOLIDATE SUPPORT 1: 5850,
SUPPORT 2: 5740, RESISTENCE 1: 6178,
RESISTENCE 2: 6270. STRATEGY: SELL ON RISE

3. DAILY AGRI COMMODITY REPORT
SOYABEAN Soyabean futures traded lower on NCDEX on account of sluggish demand in the spot market. However, hopes of higher demand due to festival season, capped some losses in soyabean prices to some extent. SOYABEAN (OCTOBER) DAILY CHART
SOYABEAN (OCTOBER) TECHNICAL VIEW:
TREND: CONSOLIDATE SUPPORT 1:3078,
SUPPORT 2: 3010, RESISTENCE 1: 3154,
RESISTENCE 2: 3334. STRATEGY: SELL ON RISE

4. DAILY AGRI COMMODITY REPORT
CHANA Chana futures traded higher on NCDEX as speculators created fresh positions supported by a better demand in the spot market. Further, festival season buying interest in spot markets too supported chana prices’ uptrend. CHANA (OCTOBER) DAILY CHART
CHANA (OCTOBER) TECHNICAL VIEW:
TREND: BEARISH SUPPORT 1: 2740,
SUPPORT 2: 2695, RESISTENCE 1: 2811,
RESISTENCE 2: 2830. STRATEGY: SELL ON RISE

5. DAILY AGRI COMMODITY REPORT
JEERA Jeera swelled for the third day with futures gaining nearly upper circuit on strong demand amid receding supplies in both domestic and international market. The NCDEX futures October delivery ended the day at Rs 11,000, up Rs 420 or 3.97%. As per market sources, receding supplies of jeera in both domestic and international market will encourage stockiest buying from lower levels. Traders stated that not many arrivals have been reported in international market due to limited supplies from Syria and Turkey. However, domestic traders have reported comfortable stock position in local mandies. The market sources suggested that heavy stocks of around 61 lakh bags in local mandies will easily cater any domestic and international demand. The total stocks in local mandies were almost double of the previous year's level of 30 lakh bags due to record production in the last season. JEERA (OCTOBER) DAILY CHART
JEERA (OCTOBER) TECHNICAL VIEW:
TREND: CONSOLIDATE SUPPORT 1: 10380,
SUPPORT 2: 10300, RESISTENCE 1: 10705,
RESISTENCE 2: 10940. STRATEGY: BUY ON DIPS

6. DAILY AGRI COMMODITY REPORT
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