The document provides a daily report on the performance and outlook of various Indian agricultural commodity futures contracts traded on the National Commodity & Derivatives Exchange. It discusses that turmeric, soybean, chana and dhaniya futures declined or traded on a negative note due to weak demand and international market conditions. The technical charts and views suggest a bearish trend for all four commodities, with sell recommendations on rises in price.

1. DAILY AGRI COMMODITY REPORT
CAPITALSTARS FINANCIAL RESEARCH PVT. LTD.
DAILY AGRI REPORT
8TH DECEMBER 2014

2. DAILY AGRI COMMODITY REPORT
AGRI WRAP TURMERIC Turmeric December futures traded on a negative note on Friday at India's National Commodity& Derivatives Exchange(NCDEX).Turmeric spice slipped by -0.50% to 6380 level till friday closing (5.00pm) at NCDEX. The demand is expected to pick up in coming days—lending somesupport to the prices. Traders anticipate prices are at very low levels and further downtrend may be limited. Last year production was low due to crop damage reports from AP and TN but stock levels from earlier years are high. TURMERIC (DECEMBER) DAILY CHART TURMERIC (DECEMBER) TECHNICAL VIEW:
TREND: BEARISH SUPPORT 1: 6290,
SUPPORT 2: 6235, RESISTENCE 1: 6400,
RESISTENCE 2: 6450. STRATEGY: SELL ON RISE

3. DAILY AGRI COMMODITY REPORT
SOYABEAN The NCDEX Soyabean December futures increased by 0.56 per cent in the last trading to close at Rs 3227 level till Friday closing . Weakness in International markets along with low trading activities in the Indian markets kept trend down for Soybean. Till International markets pick up, a strong recovery in the domestic markets are unlikely. SOYABEAN (DECEMBER) DAILY CHART SOYABEAN (DECEMBER) TECHNICAL VIEW:
TREND: BEARISH SUPPORT 1:3215,
SUPPORT 2: 3180, RESISTENCE 1: 3270,
RESISTENCE 2: 3290. STRATEGY: SELL ON RISE

4. DAILY AGRI COMMODITY REPORT
CHANA Chana futures traded on a positive note on improved demand. Chana December contract gained 0.03% to 2980 levels on Friday(5.00PM) at India's National Commodity & Derivatives Exchange Limited (NCDEX). Bearish news in International markets affected the market sentiments adversely. As per USDA, expected pulses production in USA is up by 8% to 2,232,630 metric tonne during 2014 from last year. CHANA (DECEMBER) DAILY CHART CHANA (DECEMBER) TECHNICAL VIEW:
TREND: BEARISH SUPPORT 1: 2960,
SUPPORT 2: 2935, RESISTENCE 1: 3015,
RESISTENCE 2: 3055, STRATEGY: SELL ON RISE

5. DAILY AGRI COMMODITY REPORT
DHANIYA The NCDEX dhaniya December futures declined up by -1.14 per cent in the last trading to close at 12851 level on Friday. Weakness continued in Dhaniya market. The overall Dhaniya sowing in Kota is expected to be double of last year due to higher price realization. However, Madhya Pradesh has reported weak arrivals from new crop. Traders are expecting decline in Dhaniya prices in the near term. DHANIYA (DECEMBER) DAILY CHART DHANIYA (DECEMBER) TECHNICAL VIEW:
TREND: BEARISH SUPPORT 1: 12645,
SUPPORT 2: 12550, RESISTENCE 1: 12825,
RESISTENCE 2: 12930, STRATEGY: SELL ON RISE
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6. DAILY AGRI COMMODITY REPORT
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