The daily agri commodity report summarizes trends in the futures markets for turmeric, soybean, chana, and dhaniya. Turmeric futures increased slightly on Monday despite lower demand and higher arrivals. Soybean futures rose over 1% due to improved domestic demand and clear skies. Chana futures consolidated with some recovery seen from recent rains benefiting crops. Dhaniya futures fell over 2% as speculators reduced positions on sluggish market demand. The report provides technical analyses and strategies for each commodity future.

1. DAILY AGRI COMMODITY REPORT
CAPITALSTARS FINANCIAL RESEARCH PVT. LTD.
DAILY AGRI REPORT
3RD
FEBRUARY 2015

2. DAILY AGRI COMMODITY REPORT
AGRI WRAP
TURMERIC
Turmeric April futures traded on a positive note on Monday at India's National Commodity &
Derivatives Exchange(NCDEX). Turmeric spice surged by 0.87% to 8098 level on Monday
(5.00pm) at NCDEX.
Lack of strong demand amidst higher arrivals in the mandis kept trend weak for Turmeric.
However with demand likely to rise in coming weeks at these lower levels, it could support the
falling rates to some extent.
TURMERIC (APRIL) DAILY CHART
TURMERIC (APRIL) TECHNICAL VIEW:
TREND: MIXED TO BEARISH
RESISTANCE 2: 8285,
RESISTANCE 1: 8190,
SUPPORT 1: 7980,
SUPPORT 2: 7870.
STRATEGY: SELL ON RISE

3. DAILY AGRI COMMODITY REPORT
SOYABEAN
The NCDEX Soyabean February futures incesed by 1.17% in the last trading to close at 3445
level till Monday closing.
Clear skies and improved domestic demand lent support to the market sentiments after the
recent fall in rates. However bearishness in International markets prevented strong uptrend.
Higher projections for global production could however keep a tap on the rising rates.
SOYABEAN (FEBRUARY) DAILY CHART
SOYABEAN (FEBRUARY) TECHNICAL VIEW:
TREND: BULLISH
RESISTANCE 2:3495,
RESISTANCE 1: 3470,
SUPPORT 1: 3405,
SUPPORT 2: 3360.
STRATEGY: BUY ON DIPS

4. DAILY AGRI COMMODITY REPORT
CHANA
Chana futures traded on a consolidate note on incresed demand on Monday. Chana February
contract gained 0.00% to 3503 levels on Monday (5.00PM).
recovery could be noted for Chana as rains in the growing states continued to pressurize
market sentiments. Rains in growing areas in Rajasthan, MP and UP are reportedly beneficial
for the standing crop.
CHANA (FEBRUARY) DAILY CHART
CHANA (FEBRUARY) TECHNICAL VIEW:
TREND:MIXED TO BULLISH
RESISTANCE 2: 3550,
RESISTANCE 1: 3525,
SUPPORT 1: 3475,
SUPPORT 2: 3450.
STRATEGY: BUY ON DIPS

5. DAILY AGRI COMMODITY REPORT
DHANIYA
The NCDEX Dhaniya April futures eased by -2.64% in the last trading to close at 7626 level on
Monday.
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: MIXED TO BEARISH
RESISTANCE 2: 7960,
RESISTANCE 1: 7790,
SUPPORT 1: 7540,
SUPPORT 2: 7445,
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)