1. DAILY AGRI COMMODITY REPORT
CAPITALSTARS FINANCIAL RESEARCH PVT. LTD.
DAILY AGRI REPORT
18TH
AUGUST 2014
2. DAILY AGRI COMMODITY REPORT
AGRI WRAP
TURMERIC
Turmeric futures fell on weak demand. The key September contract finished down 0.42 percent
at 6,596 rupees per 100 kg.
TURMERIC (SEPTEMBER) DAILY CHART
TURMERIC (SEPTEMBER) TECHNICAL VIEW:
TREND: CONSOLIDATE
SUPPORT 1: 6450,
SUPPORT 2: 6310,
RESISTENCE 1: 6670,
RESISTENCE 2: 6780.
STRATEGY: BUY ON DIPS
3. DAILY AGRI COMMODITY REPORT
SOYABEAN
Indian soy oil, soybean and rapeseed futures fell on Thursday, in line with the overseas markets
where benchmark palm oil futures slipped to a five-year low. Malaysian palm oil futures slid to
touch a near five-year low on Thursday, following losses in overseas soy markets, and further
dragged by forecasts of abundant supply of competing oilseeds alongside an expected surge in
Southeast Asian palm output. The key October soybean contract closed down 3.38 percent at
3,516 rupees per 100 kg, while the September rapeseed contract fell 2.70 percent to 3,453
rupees per 100 kg.
SOYABEAN (OCTOBER) DAILY CHART
SOYABEAN (OCTOBER) TECHNICAL VIEW:
TREND: BEARISH
SUPPORT 1:3480,
SUPPORT 2: 3400,
RESISTENCE 1: 3700,
RESISTENCE 2: 3750,
STRATEGY: SELL ON RISE
4. DAILY AGRI COMMODITY REPORT
CHANA
Chana, or chickpea, futures fell due to poor demand in the physical market. The September
chana contract closed down 1.47 percent at 2,889 rupees per 100 kg.
CHANA (SEPTEMBER) DAILY CHART
CHANA (SEPTEMBER) TECHNICAL VIEW:
TREND: BEARISH
SUPPORT 1: 2835,
SUPPORT 2: 2740,
RESISTENCE 1: 2980,
RESISTENCE 2: 3020.
STRATEGY: SELL ON RISE
5. DAILY AGRI COMMODITY REPORT
JEERA
Jeera, or cumin seed, futures fell due to poor demand in the physical market. The key
September contract ended down 0.62 percent at 11,240 rupees per 100 kg.
JEERA (SEPTEMBER) DAILY CHART
JEERA (SEPTEMBER) TECHNICAL VIEW:
TREND: CONSOLIDATE
SUPPORT 1: 11160,
SUPPORT 2: 10920,
RESISTENCE 1: 11500,
RESISTENCE 2: 11570.
STRATEGY: SELL ON RISE
6. DAILY AGRI COMMODITY REPORT
DISCLAIMER
The information and views in this report, our website & all the service we provide are believed
to be reliable, but we do Company not accept any responsibility (or liability) for errors of fact or
opinion. Users have the right to choose the product/s that suits them the most.
Use of this report in no way constitutes a client/advisor relationship, all information we
communicate to you (the subscriber) either through our Web site or other forms of
communications, are purely for informational purposes only. We recommend seeking individual
investment advice before making any investment, for you are assuming sole liability for your
investments. Capital Stars will in no way have discretionary authority over your trading or
investment accounts.
All rights reserved.
CONTACT US
MOB: +91 92000 99927
PHONE: +91 731 6662200
Email: info@capitalstars.com
CAPITAL STARS FINANCIAL
RESEARCH PRIVATE LIMITED
PLOT NO. 12, SCHEME NO. 78, PART II
VIJAYNAGAR INDORE 452001 (MP)