SlideShare a Scribd company logo
1 of 6
Download to read offline
DAILY AGRI COMMODITY REPORT
CAPITALSTARS FINANCIAL RESEARCH PVT. LTD.
DAILY AGRI REPORT
14TH
JANUARY 2015
DAILY AGRI COMMODITY REPORT
AGRI WRAP
TURMERIC
Turmeric April futures traded on a positive note on Tuesday at India's National Commodity &
Derivatives Exchange(NCDEX). Turmeric spice surged up by 2.00% to 9160 level on Tuesday
(5.00pm) at NCDEX.
Some consolidation in rates are seen as market finding some support on these lower levels.
Low stocks and lower production reports are likely to support prices in the medium to long
term. Demand from North India is picking up at these levels.
TURMERIC (APRIL) DAILY CHART
TURMERIC (APRIL) TECHNICAL VIEW:
TREND: MIXED TO BULLISH
RESISTANCE 2: 9465,
RESISTANCE 1: 9300,
SUPPORT 1: 8950,
SUPPORT 2: 8750.
STRATEGY: BUY ON DIPS
DAILY AGRI COMMODITY REPORT
SOYABEAN
The NCDEX Soyabean february futures decresed by -0.58% in the last trading to close at 3447
level till Tuesday closing.
Indian Soybean production is reduced on lower yields reflecting late planting and short
monsoon season. Several years of historical revisions are also made for Indian production.
Other changes include increased production for Bolivia, increased soybean and sunflowerseed
production for EU, and reduced cottonseed production for India.
SOYABEAN (FEBRUARY) DAILY CHART
SOYABEAN (FEBRUARY) TECHNICAL VIEW:
TREND: MIXED TO BEARISH
RESISTANCE 2:3500,
RESISTANCE 1: 3470,
SUPPORT 1: 3430,
SUPPORT 2: 3410.
STRATEGY: SELL ON RISE
DAILY AGRI COMMODITY REPORT
CHANA
Chana futures traded on a negative note on decresed demand on Tuesday. Chana January
contract gained -2.24% to 3486 levels on Tuesday (5.00PM).
In chna moreover the restricted arrivals of the commodity in the physical market due to lower
estimated output also influenced the chana prices. India is the largest producer of chickpea
followed by Pakistan Turkey and Iran. India produces around 6 to 8 million tonnes and
contributes around 70 per cent of the total world production..
CHANA (FEBRUARY) DAILY CHART
CHANA (FEBRUARY) TECHNICAL VIEW:
TREND: MIXED TO BEARISH
RESISTANCE 2: 3645,
RESISTANCE 1: 3600,
SUPPORT 1: 3530,
SUPPORT 2: 3500.
STRATEGY: SELL ON RISE
DAILY AGRI COMMODITY REPORT
DHANIYA
The NCDEX Dhaniya April futures decresed by -4.00% in the last trading to close at 8001 level on
Tuesday.
Sentiment weakened further as speculators reduced their positions on the back of sluggish
demand in the market. Dhaniya is common in South Asian Middle Eastern Central Asian
Mediterranean Indian Tex-Mex Latin American Portuguese Chinese African and Scandinavian.
DHANIYA (APRIL) DAILY CHART
DHANIYA (APRIL) TECHNICAL VIEW:
TREND: BEARISH
RESISTANCE 2: 8460,
RESISTANCE 1: 8230,
SUPPORT 1: 7886,
SUPPORT 2: 7770,
STRATEGY: SELL ON RISE
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)

More Related Content

Viewers also liked

What is a student trustee
What is a student trusteeWhat is a student trustee
What is a student trusteeAlana Voechting
 
Saving for a rainy day2
Saving for a rainy day2Saving for a rainy day2
Saving for a rainy day2mywallet
 
Betriebspraktikum Seraina Scherini
Betriebspraktikum Seraina ScheriniBetriebspraktikum Seraina Scherini
Betriebspraktikum Seraina ScheriniLAP1aW
 
Prüfungsnahe Beratungsdienstleistungen im IT-Recht
Prüfungsnahe Beratungsdienstleistungen im IT-RechtPrüfungsnahe Beratungsdienstleistungen im IT-Recht
Prüfungsnahe Beratungsdienstleistungen im IT-RechtJan A. Strunk
 
Daily agri report by capital stars 9 feb 2015
Daily agri report by capital stars 9 feb 2015Daily agri report by capital stars 9 feb 2015
Daily agri report by capital stars 9 feb 2015Drashti Saxena
 
ReadFwd Intro - Frankfurt 2013
ReadFwd Intro - Frankfurt 2013ReadFwd Intro - Frankfurt 2013
ReadFwd Intro - Frankfurt 2013Paul Balogh
 
Connecting Your Community with Farid Dordar
Connecting Your Community with Farid DordarConnecting Your Community with Farid Dordar
Connecting Your Community with Farid DordarPerfectMind
 
Portfolio 2014 unit 4
Portfolio 2014 unit 4Portfolio 2014 unit 4
Portfolio 2014 unit 4SusanKulasik
 
Skimer turbo flotor 1400
Skimer turbo flotor 1400Skimer turbo flotor 1400
Skimer turbo flotor 1400Aquarium_Loto
 
Man et mini spi can3
Man et mini spi can3Man et mini spi can3
Man et mini spi can3billsprouse
 
The Trans-Tahoe Relay Attracts Swimmers from around the World
The Trans-Tahoe Relay Attracts Swimmers from around the World The Trans-Tahoe Relay Attracts Swimmers from around the World
The Trans-Tahoe Relay Attracts Swimmers from around the World William Fay DDS
 
Rubricas
RubricasRubricas
Rubricaszol963
 

Viewers also liked (18)

What is a student trustee
What is a student trusteeWhat is a student trustee
What is a student trustee
 
Saving for a rainy day2
Saving for a rainy day2Saving for a rainy day2
Saving for a rainy day2
 
Betriebspraktikum Seraina Scherini
Betriebspraktikum Seraina ScheriniBetriebspraktikum Seraina Scherini
Betriebspraktikum Seraina Scherini
 
Prüfungsnahe Beratungsdienstleistungen im IT-Recht
Prüfungsnahe Beratungsdienstleistungen im IT-RechtPrüfungsnahe Beratungsdienstleistungen im IT-Recht
Prüfungsnahe Beratungsdienstleistungen im IT-Recht
 
What makes you Lucky?
What makes you Lucky?What makes you Lucky?
What makes you Lucky?
 
Daily agri report by capital stars 9 feb 2015
Daily agri report by capital stars 9 feb 2015Daily agri report by capital stars 9 feb 2015
Daily agri report by capital stars 9 feb 2015
 
ReadFwd Intro - Frankfurt 2013
ReadFwd Intro - Frankfurt 2013ReadFwd Intro - Frankfurt 2013
ReadFwd Intro - Frankfurt 2013
 
Connecting Your Community with Farid Dordar
Connecting Your Community with Farid DordarConnecting Your Community with Farid Dordar
Connecting Your Community with Farid Dordar
 
Portfolio 2014 unit 4
Portfolio 2014 unit 4Portfolio 2014 unit 4
Portfolio 2014 unit 4
 
Skimer turbo flotor 1400
Skimer turbo flotor 1400Skimer turbo flotor 1400
Skimer turbo flotor 1400
 
霸王坐庄
霸王坐庄霸王坐庄
霸王坐庄
 
Convivendo bem
Convivendo bemConvivendo bem
Convivendo bem
 
Toward a theory of online learning 57
Toward a theory of online learning 57Toward a theory of online learning 57
Toward a theory of online learning 57
 
Sorrow the movie 2015
Sorrow the movie 2015Sorrow the movie 2015
Sorrow the movie 2015
 
Man et mini spi can3
Man et mini spi can3Man et mini spi can3
Man et mini spi can3
 
The Trans-Tahoe Relay Attracts Swimmers from around the World
The Trans-Tahoe Relay Attracts Swimmers from around the World The Trans-Tahoe Relay Attracts Swimmers from around the World
The Trans-Tahoe Relay Attracts Swimmers from around the World
 
التجنيز
التجنيزالتجنيز
التجنيز
 
Rubricas
RubricasRubricas
Rubricas
 

Similar to Daily agri report by capital stars 14 jan 2015

Daily agri report by capital stars 30 jan 2015
Daily agri report by capital stars 30 jan 2015Daily agri report by capital stars 30 jan 2015
Daily agri report by capital stars 30 jan 2015Drashti Saxena
 
Daily agri report by capital stars 3 feb 2015
Daily agri report by capital stars 3 feb 2015Daily agri report by capital stars 3 feb 2015
Daily agri report by capital stars 3 feb 2015Drashti Saxena
 
Daily agri report by capital stars 29 jan 2015
Daily agri report by capital stars 29 jan 2015Daily agri report by capital stars 29 jan 2015
Daily agri report by capital stars 29 jan 2015Drashti Saxena
 
Daily agri report by capital stars 19 jan 2015
Daily agri report by capital stars 19 jan 2015Daily agri report by capital stars 19 jan 2015
Daily agri report by capital stars 19 jan 2015Drashti Saxena
 
Daily agri report by capital stars 22 jan 2015
Daily agri report by capital stars 22 jan 2015Daily agri report by capital stars 22 jan 2015
Daily agri report by capital stars 22 jan 2015Drashti Saxena
 
Daily agri report by capital stars 20 feb 2015
Daily agri report by capital stars 20 feb 2015Daily agri report by capital stars 20 feb 2015
Daily agri report by capital stars 20 feb 2015Drashti Saxena
 
Daily agri report by capital stars 19 feb 2015
Daily agri report by capital stars 19 feb 2015Daily agri report by capital stars 19 feb 2015
Daily agri report by capital stars 19 feb 2015Drashti Saxena
 
Daily agri report by capital stars 24 feb 2015
Daily agri report by capital stars 24 feb 2015Daily agri report by capital stars 24 feb 2015
Daily agri report by capital stars 24 feb 2015Drashti Saxena
 
Daily agri report by capital stars 9 jan 2015
Daily agri report by capital stars 9 jan 2015Daily agri report by capital stars 9 jan 2015
Daily agri report by capital stars 9 jan 2015Drashti Saxena
 
Daily agri report by capital stars 27 jan 2015
Daily agri report by capital stars 27 jan 2015Daily agri report by capital stars 27 jan 2015
Daily agri report by capital stars 27 jan 2015Drashti Saxena
 
Daily agri report by capital stars 23 jan 2015
Daily agri report by capital stars 23 jan 2015Daily agri report by capital stars 23 jan 2015
Daily agri report by capital stars 23 jan 2015Drashti Saxena
 
Daily agri report by capital stars 18 feb 2015
Daily agri report by capital stars 18 feb 2015Daily agri report by capital stars 18 feb 2015
Daily agri report by capital stars 18 feb 2015Drashti Saxena
 
Daily agri report by capital stars 25 feb 2015
Daily agri report by capital stars 25 feb 2015Daily agri report by capital stars 25 feb 2015
Daily agri report by capital stars 25 feb 2015Drashti Saxena
 
Daily agri report by capital stars 23 feb 2015
Daily agri report by capital stars 23 feb 2015Daily agri report by capital stars 23 feb 2015
Daily agri report by capital stars 23 feb 2015Drashti Saxena
 
Daily agri report by capital stars 11 feb 2015
Daily agri report by capital stars 11 feb 2015Daily agri report by capital stars 11 feb 2015
Daily agri report by capital stars 11 feb 2015Drashti Saxena
 
Daily agri report by capital stars 13 feb 2015
Daily agri report by capital stars 13 feb 2015Daily agri report by capital stars 13 feb 2015
Daily agri report by capital stars 13 feb 2015Drashti Saxena
 
Daily agri report by capital stars 26 feb 2015
Daily agri report by capital stars 26 feb 2015Daily agri report by capital stars 26 feb 2015
Daily agri report by capital stars 26 feb 2015Drashti Saxena
 
Daily agri report by capital stars 27 feb 2015
Daily agri report by capital stars 27 feb 2015Daily agri report by capital stars 27 feb 2015
Daily agri report by capital stars 27 feb 2015Drashti Saxena
 
Daily agri report by capital stars 17 dec 2014
Daily agri report by capital stars 17 dec 2014Daily agri report by capital stars 17 dec 2014
Daily agri report by capital stars 17 dec 2014Drashti Saxena
 
Daily agri report by capital stars 21 jan 2015
Daily agri report by capital stars 21 jan 2015Daily agri report by capital stars 21 jan 2015
Daily agri report by capital stars 21 jan 2015Drashti Saxena
 

Similar to Daily agri report by capital stars 14 jan 2015 (20)

Daily agri report by capital stars 30 jan 2015
Daily agri report by capital stars 30 jan 2015Daily agri report by capital stars 30 jan 2015
Daily agri report by capital stars 30 jan 2015
 
Daily agri report by capital stars 3 feb 2015
Daily agri report by capital stars 3 feb 2015Daily agri report by capital stars 3 feb 2015
Daily agri report by capital stars 3 feb 2015
 
Daily agri report by capital stars 29 jan 2015
Daily agri report by capital stars 29 jan 2015Daily agri report by capital stars 29 jan 2015
Daily agri report by capital stars 29 jan 2015
 
Daily agri report by capital stars 19 jan 2015
Daily agri report by capital stars 19 jan 2015Daily agri report by capital stars 19 jan 2015
Daily agri report by capital stars 19 jan 2015
 
Daily agri report by capital stars 22 jan 2015
Daily agri report by capital stars 22 jan 2015Daily agri report by capital stars 22 jan 2015
Daily agri report by capital stars 22 jan 2015
 
Daily agri report by capital stars 20 feb 2015
Daily agri report by capital stars 20 feb 2015Daily agri report by capital stars 20 feb 2015
Daily agri report by capital stars 20 feb 2015
 
Daily agri report by capital stars 19 feb 2015
Daily agri report by capital stars 19 feb 2015Daily agri report by capital stars 19 feb 2015
Daily agri report by capital stars 19 feb 2015
 
Daily agri report by capital stars 24 feb 2015
Daily agri report by capital stars 24 feb 2015Daily agri report by capital stars 24 feb 2015
Daily agri report by capital stars 24 feb 2015
 
Daily agri report by capital stars 9 jan 2015
Daily agri report by capital stars 9 jan 2015Daily agri report by capital stars 9 jan 2015
Daily agri report by capital stars 9 jan 2015
 
Daily agri report by capital stars 27 jan 2015
Daily agri report by capital stars 27 jan 2015Daily agri report by capital stars 27 jan 2015
Daily agri report by capital stars 27 jan 2015
 
Daily agri report by capital stars 23 jan 2015
Daily agri report by capital stars 23 jan 2015Daily agri report by capital stars 23 jan 2015
Daily agri report by capital stars 23 jan 2015
 
Daily agri report by capital stars 18 feb 2015
Daily agri report by capital stars 18 feb 2015Daily agri report by capital stars 18 feb 2015
Daily agri report by capital stars 18 feb 2015
 
Daily agri report by capital stars 25 feb 2015
Daily agri report by capital stars 25 feb 2015Daily agri report by capital stars 25 feb 2015
Daily agri report by capital stars 25 feb 2015
 
Daily agri report by capital stars 23 feb 2015
Daily agri report by capital stars 23 feb 2015Daily agri report by capital stars 23 feb 2015
Daily agri report by capital stars 23 feb 2015
 
Daily agri report by capital stars 11 feb 2015
Daily agri report by capital stars 11 feb 2015Daily agri report by capital stars 11 feb 2015
Daily agri report by capital stars 11 feb 2015
 
Daily agri report by capital stars 13 feb 2015
Daily agri report by capital stars 13 feb 2015Daily agri report by capital stars 13 feb 2015
Daily agri report by capital stars 13 feb 2015
 
Daily agri report by capital stars 26 feb 2015
Daily agri report by capital stars 26 feb 2015Daily agri report by capital stars 26 feb 2015
Daily agri report by capital stars 26 feb 2015
 
Daily agri report by capital stars 27 feb 2015
Daily agri report by capital stars 27 feb 2015Daily agri report by capital stars 27 feb 2015
Daily agri report by capital stars 27 feb 2015
 
Daily agri report by capital stars 17 dec 2014
Daily agri report by capital stars 17 dec 2014Daily agri report by capital stars 17 dec 2014
Daily agri report by capital stars 17 dec 2014
 
Daily agri report by capital stars 21 jan 2015
Daily agri report by capital stars 21 jan 2015Daily agri report by capital stars 21 jan 2015
Daily agri report by capital stars 21 jan 2015
 

Daily agri report by capital stars 14 jan 2015

  • 1. DAILY AGRI COMMODITY REPORT CAPITALSTARS FINANCIAL RESEARCH PVT. LTD. DAILY AGRI REPORT 14TH JANUARY 2015
  • 2. DAILY AGRI COMMODITY REPORT AGRI WRAP TURMERIC Turmeric April futures traded on a positive note on Tuesday at India's National Commodity & Derivatives Exchange(NCDEX). Turmeric spice surged up by 2.00% to 9160 level on Tuesday (5.00pm) at NCDEX. Some consolidation in rates are seen as market finding some support on these lower levels. Low stocks and lower production reports are likely to support prices in the medium to long term. Demand from North India is picking up at these levels. TURMERIC (APRIL) DAILY CHART TURMERIC (APRIL) TECHNICAL VIEW: TREND: MIXED TO BULLISH RESISTANCE 2: 9465, RESISTANCE 1: 9300, SUPPORT 1: 8950, SUPPORT 2: 8750. STRATEGY: BUY ON DIPS
  • 3. DAILY AGRI COMMODITY REPORT SOYABEAN The NCDEX Soyabean february futures decresed by -0.58% in the last trading to close at 3447 level till Tuesday closing. Indian Soybean production is reduced on lower yields reflecting late planting and short monsoon season. Several years of historical revisions are also made for Indian production. Other changes include increased production for Bolivia, increased soybean and sunflowerseed production for EU, and reduced cottonseed production for India. SOYABEAN (FEBRUARY) DAILY CHART SOYABEAN (FEBRUARY) TECHNICAL VIEW: TREND: MIXED TO BEARISH RESISTANCE 2:3500, RESISTANCE 1: 3470, SUPPORT 1: 3430, SUPPORT 2: 3410. STRATEGY: SELL ON RISE
  • 4. DAILY AGRI COMMODITY REPORT CHANA Chana futures traded on a negative note on decresed demand on Tuesday. Chana January contract gained -2.24% to 3486 levels on Tuesday (5.00PM). In chna moreover the restricted arrivals of the commodity in the physical market due to lower estimated output also influenced the chana prices. India is the largest producer of chickpea followed by Pakistan Turkey and Iran. India produces around 6 to 8 million tonnes and contributes around 70 per cent of the total world production.. CHANA (FEBRUARY) DAILY CHART CHANA (FEBRUARY) TECHNICAL VIEW: TREND: MIXED TO BEARISH RESISTANCE 2: 3645, RESISTANCE 1: 3600, SUPPORT 1: 3530, SUPPORT 2: 3500. STRATEGY: SELL ON RISE
  • 5. DAILY AGRI COMMODITY REPORT DHANIYA The NCDEX Dhaniya April futures decresed by -4.00% in the last trading to close at 8001 level on Tuesday. Sentiment weakened further as speculators reduced their positions on the back of sluggish demand in the market. Dhaniya is common in South Asian Middle Eastern Central Asian Mediterranean Indian Tex-Mex Latin American Portuguese Chinese African and Scandinavian. DHANIYA (APRIL) DAILY CHART DHANIYA (APRIL) TECHNICAL VIEW: TREND: BEARISH RESISTANCE 2: 8460, RESISTANCE 1: 8230, SUPPORT 1: 7886, SUPPORT 2: 7770, 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)