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09/10/2017

301, 3rd Floor, Mangal City, Vijay Nagar, Indore Toll Free : 18003157801
09/10/2017

Soybean futures trade marginally higher on NCDEX:

Soybean futures traded marginally higher on NCDEX as


participants enlarged their positions on reports that
government is expected to step in for procurement of
soybean in Maharashtra and Rajasthan to help farmers.
However, expectation of increase in arrivals of new
season crop and reports that government has permitted
states to extend the limits on stocks of oilseeds and
edible oils with traders and mills till September 30,
2018, capped some gains. Meanwhile, soybean prices at
overseas markets inched lower, but stayed near one-
week highs on reports of lower-than-expected yields in
the US Midwest, where rains have already slowed the
pace of harvest.

Jeera futures edge lower on


NCDEX:
Jeera futures edged lower on NCDEX due to weak
physical as well as exports demand at the spot market.
Further, ample stocks position following higher arrivals
from the producing regions too fuelled the downtrend.

Coriander futures trade lower


on sluggish demand:

Coriander futures traded lower on NCDEX as


speculators cut down their bets, tracking sluggish
demand in the spot market. Besides, improved
arrivals from major growing regions also influenced
coriander futures.

301, 3rd Floor, Mangal City, Vijay Nagar, Indore Toll Free : 18003157801
09/10/2017

TECHNICAL ANALYST

soyabean
OUTLOOK:

TREND: - DOWN

RESISTANCE: - 3050, 3150

SUPPORT: - 2850, 2750

STRATEGY: - BUY ON LOW.

TECHNICAL OUTLOOK

The contract for October delivery was trading at Rs 2924.00, up by 0.1% or Rs 3.00 from its previous closing of Rs
2921.00. The open interest of the contract stood at 28250 lots.

The contract for November delivery was trading at Rs 2973.00, up by 0.03% or Rs 1.00 from its previous closing of
Rs 2972.00. The open interest of the contract stood at 82610 lots on NCDEX.

301, 3rd Floor, Mangal City, Vijay Nagar, Indore Toll Free : 18003157801
09/10/2017

jeera
OUTLOOK:

TREND: - DOWN

RESISTANCE: - 19400, 19600

SUPPORT: - 19000, 18800

STRATEGY: - SELL ON HIGH.

TECHNICAL OUTLOOK

The contract for October delivery was trading at Rs 19050.00, down by 0.31% or Rs 60.00 from its previous closing
of Rs 19110.00. The open interest of the contract stood at 5043 lots.

The contract for November delivery was trading at Rs 19200.00, down by 0.21% or Rs 40.00 from its previous
closing of Rs 19240.00. The open interest of the contract stood at 9741 lots on NCDEX.

301, 3rd Floor, Mangal City, Vijay Nagar, Indore Toll Free : 18003157801
09/10/2017

dhaniya
OUTLOOK:

TREND: - DOWN

RESISTANCE: - 5050, 5150

SUPPORT: - 4850, 4750

STRATEGY: - BUY ON LOW.

TECHNICAL OUTLOOK

The contract for October delivery was trading at Rs 4430.00, down by 1.99% or Rs 90.00 from its previous closing of
Rs 4520.00. The open interest of the contract stood at 9690 lots.

The contract for November delivery was trading at Rs 4920.00, down by 1.28% or Rs 64.00 from its previous closing
of Rs 4984.00. The open interest of the contract stood at 25700 lots on NCDEX.

301, 3rd Floor, Mangal City, Vijay Nagar, Indore Toll Free : 18003157801
09/10/2017

rmseed

OUTLOOK:

TREND: - DOWN

RESISTANCE: - 3900, 4000

SUPPORT: - 3700,3660

STRATEGY: - SELL ON HIGH.

TECHNICAL OUTLOOK

The contract for Oct delivery was trading at Rs 3711.00, down by 0.13% or Rs 5.00 from its previous
closing of Rs 3716.00.

The contract for Nov delivery was trading at Rs 3814.00, down by 0.24% or Rs 9.00 from its previous
closing of Rs 3823.00.

301, 3rd Floor, Mangal City, Vijay Nagar, Indore Toll Free : 18003157801
09/10/2017

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