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    3 JUNE 2014: "Refined Soya Oil Weakens Marginally As Demand Declines "

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    - Refined soya oil prices on the NCDEX weakened marginally as demand declined. Soybean, chana, turmeric, and guarseed prices also fell due to weak demand. - The report provides technical analysis and support/resistance levels for various commodities, indicating bearish or consolidating trends for soybean, chana, refined soy oil, and turmeric over the near term. Traders are advised to sell on price highs or buy on dips for some commodities. - The report concludes with disclaimer text regarding the purpose of the information and risks of investment decisions based on the analysis.

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    3 JUNE 2014: "Refined Soya Oil Weakens Marginally As Demand Declines "

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    api-192953649
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    - Refined soya oil prices on the NCDEX weakened marginally as demand declined. Soybean, chana, turmeric, and guarseed prices also fell due to weak demand. - The report provides technical analysis and support/resistance levels for various commodities, indicating bearish or consolidating trends for soybean, chana, refined soy oil, and turmeric over the near term. Traders are advised to sell on price highs or buy on dips for some commodities. - The report concludes with disclaimer text regarding the purpose of the information and risks of investment decisions based on the analysis.

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    - Refined soya oil prices on the NCDEX weakened marginally as demand declined. Soybean, chana, turmeric, and guarseed prices also fell due to weak demand. - The report provides technical analysis and support/resistance levels for various commodities, indicating bearish or consolidating trends for soybean, chana, refined soy oil, and turmeric over the near term. Traders are advised to sell on price highs or buy on dips for some commodities. - The report concludes with disclaimer text regarding the purpose of the information and risks of investment decisions based on the analysis.

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    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    21 views10 pages

    3 JUNE 2014: "Refined Soya Oil Weakens Marginally As Demand Declines "

    Uploaded by

    api-192953649
    - Refined soya oil prices on the NCDEX weakened marginally as demand declined. Soybean, chana, turmeric, and guarseed prices also fell due to weak demand. - The report provides technical analysis and support/resistance levels for various commodities, indicating bearish or consolidating trends for soybean, chana, refined soy oil, and turmeric over the near term. Traders are advised to sell on price highs or buy on dips for some commodities. - The report concludes with disclaimer text regarding the purpose of the information and risks of investment decisions based on the analysis.

    Copyright:

    © All Rights Reserved
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    of 10

    `

    www.TheEquicom.com 09200009266
    Page 1



























    Refined soya oil weakens marginally
    as demand declines

    3 JUNE 2014
    Analyst speaks:-
    `
    www.TheEquicom.com 09200009266
    Page 2



    1.85
















    MARKET WRAP

    NCDEX Soyabean down by 4% on weak demand:-NCDEX Soyabean
    June contract is closed down by 4%and hit lower circuit on Monday.

    NCDEX Chana down by 3.21% on weak demand: - NCDEX Chana
    June contract closed down and registering loss of 3.21% on Monday
    Open:2859, High:2859,Low:2762, Close:2776,

    NCDEX Turmeric :- NCDEX Turmeric June contract is closed down by
    2.88% on Monday.


    NCDEX Jeera :- NCDEX Jeera June contract closed @10990 down by
    1.3% on monday.Open:6314,High:6318,Low:6070, Close:2762.



    `
    www.TheEquicom.com 09200009266
    Page 3


    COMMODITY P.CLOSE LAST CLOSE NET CHANGE % CHANGE
    SOYABEAN (20 Jun.2014)
    4592.00 4409.00 -183.00 -3.99
    REFINED SOYA OIL (20 Jun.2014)
    676.60 667.40 -9.20 -1.36
    DHANIYA (20 Jun.2014)
    9504.00 9494.00 -10.00 -0.11
    JEERA (20 Jun.2014)
    11135.00 10990.00 -145.00 -1.30
    TURMERIC (20 Jun.2014)
    6254.00 6074.00 -180.00 -2.88
    CHANA (20 Jun.2013)
    2868.00 2776.00 -92.00 -3.21
    GUARSEED (20 Jun.2014)
    5240.00 5045.00 -195.00 -3.72
    GUARGUM (20 Jun.2014)
    14120.00 13620.00 -500.00 -3.54
    CASTORSEED(20 Jun.2014)
    3940.00 3900.00 -40.00 -1.02
    RMSEED (20 Jun.2014)
    3406.00 3355.00 -51.00 -1.50
    DAILY MARKET UPDATE
    `
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    INTRADAY VIEW

    Jeera Unjha (Jun.):- Jeera Unjha for October contract June trade
    negative on next trading session
    Resistance: 11220,11485,
    Support:10980, 10850.
    NCDEX Soybean: The trend in Soyabean futures for June delivery is
    bearish and downside movement is expected in the near term.
    Resistance: 4630, 4680
    Support: 4530,4485.

    NCDEX Dhaniya (Jun.):- NCDEX Dhaniya looking for intraday will
    be sideways to bearish.NCDEX Dhaniya for June contract June trade
    negative on next trading session.
    Resistance: 9690, 9745
    Support: 9180, 9120


    NCDEX Refined Oil: Soyarefind June. Trend for intraday will be
    Sideways to bearish.

    NCDEX Chana (Jun.):- Technically, the trend in NCDEX Chana
    June delivery looks negative and further downside is expected
    from current levels.

    `
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    Page 5

    SOYABEAN (20 June)
    `
















    CONSOLIDATE
    SELL ON HIGH
    TREND
    STRATEGY
    4570
    4620
    RESISTANCE
    4385
    4345
    SUPPORT
    TECHNICAL OUTLOOK
    `
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    Page 6

    Turmeric (20 June)


















    CONSOLIDATE
    SELL ON HIGH
    TREND
    STRATEGY
    6135
    6200
    RESISTANCE
    6040
    5950 SUPPORT
    `
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    Page 7

    CHANA (20 June)






















    BEARISH
    SELL ON HIGH
    TREND
    STRATEGY
    2875
    2925
    RESISTANCE
    2730
    2705
    SUPPORT
    `
    www.TheEquicom.com 09200009266
    Page 8


    Refined soya oil (20 June)






















    CONSOLIDATE
    SELL ON HIGH
    TREND
    STRATEGY
    695
    702
    RESISTANCE
    658
    650
    SUPPORT
    `
    www.TheEquicom.com 09200009266
    Page 9

    SUPPORT RESISTANCE


    COMMODITY CONTRACT RESISTANCE SUPPORT TREND STRATAGEY
    JEERA UNJHA June R1:11810
    R2:11985
    S1:9580
    S2:9650
    CONSOLIDATE BUY ON DIPS
    CASTORSEED June R1:4030
    R2:4195
    S1:3780
    S2:3620
    CONSOLIDATE SELL ON
    HIGH
    GUARSEED June R1: 5720
    R2: 5880
    S1:5000
    S2:4935
    CONSOLIDATE BUY ON DIPS
    REFINED OIL June R1: 695.00
    R2: 701.00
    S1: 658.00
    S2: 650.00
    CONSOLIDATE SELL ON
    HIGH
    CHANA June R1: 3160
    R2: 3195
    S1:2710
    S2:2655
    CONSOLIDATE SELL ON
    HIGH
    RMSEED June R1:3645
    R2:3765
    S1:3240
    S2:3210
    CONSOLIDATE BUY ON DIPS
    TURMERIC June R1:7560
    R2:7760
    S1:6040
    S2:5995
    CONSOLIDATE BUY ON DIPS
    `
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    Page 10

    Disclaimer
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