1. DAILY AGRI COMMODITY REPORT
CAPITALSTARS FINANCIAL RESEARCH PVT. LTD.
DAILY AGRI REPORT
14TH OCTOBER 2014

2. DAILY AGRI COMMODITY REPORT
AGRI WRAP TURMERIC Turmeric futures rose on festive demand while higher stocks were expected to weigh on prices on Tuesday. The key November contract closed 0.72 percent higher at 6160 rupees per 100 kg. TURMERIC (NOVEMBER) DAILY CHART
TURMERIC (NOVEMBER) TECHNICAL VIEW:
TREND: CONSOLIDATE SUPPORT 1: 5950,
SUPPORT 2: 5830, RESISTENCE 1: 6200,
RESISTENCE 2: 6320. STRATEGY: BUY ON DIPS

3. DAILY AGRI COMMODITY REPORT
SOYABEAN Indian soyoil futures fell on bearish cues from Malaysian palm oil prices while an expected rise in local production weighed on soybean futures. Oilseeds and soyoil futures in India are likely to open lower on Tuesday on weak global markets and higher imports of edible oils. India's overseas purchases of edible oil in the year starting November are set to surge to a record 13 million tonnes, as lower prices, rising population and higher incomes boost consumption. Malaysian palm oil was down for a third day on Monday as crude oil slipped to a four-year low, reducing prospects of demand for biodiesel in addition to large harvests for palm and soy and slack demand for edible oils. SOYABEAN (NOVEMBER) DAILY CHART
SOYABEAN (NOVEMBER) TECHNICAL VIEW:
TREND: CONSOLIDATE SUPPORT 1:2850,
SUPPORT 2: 2800, RESISTENCE 1: 3004,
RESISTENCE 2: 3045. STRATEGY: SELL ON RISE

4. DAILY AGRI COMMODITY REPORT
CHANA Chana, or chickpea, futures edged up on a rise in demand in the festive season and on buying at lower levels. The November contract rose 0.31 percent to 2,910 rupees per 100 kg. CHANA (NOVEMBER) DAILY CHART
CHANA (NOVEMBER) TECHNICAL VIEW:
TREND: CONSOLIDATE SUPPORT 1: 2890,
SUPPORT 2: 2840, RESISTENCE 1: 2945,
RESISTENCE 2: 2970. STRATEGY: BUY ON DIPS

5. DAILY AGRI COMMODITY REPORT
JEERA Jeera, or cumin seed, futures rose on some fresh export demand though prospects of higher output due to good rainfall in the top producing Gujarat state in August restricted the upside. The key November contract closed up 0.51 percent at 10,740 rupees per 100 kg. JEERA (NOVEMBER) DAILY CHART
JEERA (NOVEMBER) TECHNICAL VIEW:
TREND: CONSOLIDATE SUPPORT 1: 10590,
SUPPORT 2: 10520, RESISTENCE 1: 10920,
RESISTENCE 2: 11110. STRATEGY: SELL ON RISE

6. DAILY AGRI COMMODITY REPORT
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