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    "Soybean Volatile Week Ends in Red: Analyst Speaks

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    - The soybean market ended the week lower, with soybean futures down 1.19% on Thursday due to weak demand. - Most other commodity futures also closed lower on the day, including turmeric down 1.85%, dhaniya down 1.2%, and jeera down 1.15%. - For the coming sessions, the report expects soybean and several other commodities including turmeric and chana to remain bearish or trade negatively.

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    "Soybean Volatile Week Ends in Red: Analyst Speaks

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    - The soybean market ended the week lower, with soybean futures down 1.19% on Thursday due to weak demand. - Most other commodity futures also closed lower on the day, including turmeric down 1.85%, dhaniya down 1.2%, and jeera down 1.15%. - For the coming sessions, the report expects soybean and several other commodities including turmeric and chana to remain bearish or trade negatively.

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    - The soybean market ended the week lower, with soybean futures down 1.19% on Thursday due to weak demand. - Most other commodity futures also closed lower on the day, including turmeric down 1.85%, dhaniya down 1.2%, and jeera down 1.15%. - For the coming sessions, the report expects soybean and several other commodities including turmeric and chana to remain bearish or trade negatively.

    Copyright:

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

    "Soybean Volatile Week Ends in Red: Analyst Speaks

    Uploaded by

    api-234732356
    - The soybean market ended the week lower, with soybean futures down 1.19% on Thursday due to weak demand. - Most other commodity futures also closed lower on the day, including turmeric down 1.85%, dhaniya down 1.2%, and jeera down 1.15%. - For the coming sessions, the report expects soybean and several other commodities including turmeric and chana to remain bearish or trade negatively.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
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    of 10

    `

    www.TheEquicom.com 09200009266
    Page 1



























    Soybean Volatile week ends in red

    19 Sep. 2014
    Analyst speaks:-
    `
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    Page 2


    1.85

















    MARKET WRAP

    NCDEX Guarseed UP by 0.04% on strong demand:-NCDEX
    Guarseed October contract is up by 0.04% on Thursday.

    NCDEX Soybean down by 1.19% on weak demand: - NCDEX
    Soybean October contract closed down on Thursday.

    NCDEX Turmeric: - NCDEX Turmeric October contract is closed
    down by 1.79% on Thursday. Open:6048, High:6070, Low:5924,
    Close:5936.

    NCDEX Chana :-NCDEX Chana October contract closed@2852
    up by 0.32% on Wednesday. Open:2835, High:2864, Low:2834,
    Close: 2852.





    `
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    COMMODITY P.CLOSE LAST CLOSE NET CHANGE % CHANGE
    COMMODITY P.CLOSE
    LAST
    CLOSE
    NET
    CHANGE % CHANGE
    SOYABEAN (20 OCT.2014) 3254 3225 -29 -0.89
    REFINED SOYA OIL (20 OCT.2014) 601.8 603.9 2.1 0.35
    DHANIYA (20 OCT.2014) 11793 11651 -142 -1.20
    JEERA (20 OCT.2014) 10875 10750 -125 -1.15
    TURMERIC (20 OCT.2014) 6048 5936 -112 -1.85
    CHANA (20 OCT.2014) 2841 2852 11 0.39
    GUARSEED (20 Oct.2014) 5673 5703 30 0.53
    GUARGUM (20 Oct.2014) 16180 16320 140 0.87
    CASTORSEED (20 OCT.2014) 4188 4266 78 1.86
    RMSEED (20 OCT.2014) 3628 3659 31 0.85
    DAILY MARKET UPDATE
    `
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    INTRADAY VIEW

    Soybean (Oct.):- Soybean Oct. contract may trade negative on next
    trading session.
    Resistance:3400, 3450. Support: 3190, 3140.

    NCDEX Dhaniya (Oct.):- NCDEX Dhaniya looking for intraday will be
    sideways to bearish. NCDEX Dhaniya for (Oct.) contract trade negative
    on next trading session. Resistance: 12060, 12100 Support: 11420,
    11370
    NCDEX Turmeric (Oct.):- Turmeric Oct. Trend for intraday its going
    down from last week and for next trading session we expect that trend
    will be down.

    NCDEX Chana (Oct.):- Technically, the trend in NCDEX Chana Oct.
    delivery looks positive and further upside is expected from current
    levels.
    NCDEX Rmseed(Oct.): The trend in Rmseed futures for October
    delivery is consolidate and upside movement is expected in the near
    term. Resistance:3680, 3780
    Support: 3610, 3550.




    `
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    SOYABEAN (20 Oct.)
    `





    BEARISH
    SELL ON HIGH
    TREND
    STRATEGY
    3340
    3390
    RESISTANCE
    3190
    3140
    SUPPORT
    `
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    Page 6

    Turmeric (20 Oct.)






    CONSOLIDATE
    SELL ON HIGH
    TREND
    STRATEGY
    6070
    6120
    RESISTANCE
    5890
    5850
    SUPPORT
    `
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    CHANA (20 Oct.)







    BEARISH
    SELL ON HIGH
    TREND
    STRATEGY
    2890
    2930
    RESISTANCE
    2820
    2780
    SUPPORT
    `
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    Page 8

    Refined soya oil (20 Oct.)







    BEARISH
    SELL ON HIGH
    TREND
    STRATEGY
    613
    618
    RESISTANCE
    595
    590
    SUPPORT
    `
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    SUPPORT RESISTANCE

    COMMODITY

    CONTRACT RESISTANCE SUPPORT TREND STRATAGEY
    JEERA UNJHA Oct. R1:10875
    R2:10975
    S1:10670
    S2:10570
    CONSOLIDATE SELL ON
    HIGH
    CASTORSEED Oct. R1:4300
    R2:4340
    S1:4170
    S2:4130
    CONSOLIDATE BUY ON DIPS
    GUARSEED Oct. R1: 5950
    R2: 6000
    S1:5560
    S2:5500
    CONSOLIDATE SELL ON
    HIGH
    REFINED OIL Oct. R1: 613.00
    R2: 618.00
    S1: 595.00
    S2: 590.00
    CONSOLIDATE SELL ON
    HIGH
    CHANA Oct. R1: 2870
    R2: 2920
    S1:2800
    S2:2750
    CONSOLIDATE SELL ON
    HIGH
    RMSEED Oct. R1:3680
    R2:3780
    S1:3610
    S2:3550
    CONSOLIDATE BUY ON DIPS
    TURMERIC Oct. R1:6070
    R2:6120
    S1:5890
    S2:5850
    CONSOLIDATE SELL ON
    HIGH
    `
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    Disclaimer
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