SOYABEAN FUTURE

Soybean Feb futures traded on a positive note on Thursday tracking positive overseas markets as well as fresh
soy meal export demand. However, prices corrected marginally from higher levels on profit taking and settled
0.26% higher. Arrivals of the new crop across India are reported at 183,000 bags on Thursday as against190,000
bags on Wednesday. SOPA has estimated production to be lower and has revised its output expectations to 122.34 lk tn from 129.83 lk tn earlier.

JEERA FUTURE

Jeera futures traded on a mixed note on Thursday. Fresh export enquiries supported prices at lower levels.
However, higher sowing, record high output expectations as well as weak demand from bulk consumers capped
sharp gains and settled marginally higher 0.02%. Jeera sowing in Gujarat is reported to be complete and is said to be in good condition.

TURMERIC FUTURE

Prices seem to find some strong support at these levels even as low trading activities prevented any strong
upside movement for the commodity. With new crop arrivals there, the uptrend has been limited. Traders
however anticipate present rates are very low and some more recovery cannot be ruled out in coming days once exports start picking up again.

SUGGESTION OF TODAY TRADING STRATEGY:

BUY DHANIYA FEB ABOVE 8090 TGTS 8120,8170 SL 8030
SELL DHANIYA FEB BELOW 8115 TGTS 8085,8035 SL 8165

SUGGESTION OF TODAY TRADING STRATEGY:

BUY CASTORSEED FEB ABOVE 4360 TGTS 4390 / 4440 SL 4310
SELL CASTORSEED FEB BELOW 4270 TGTS 4240 / 4190 SL 4320

SUGGESTION OF TODAY TRADING STRATEGY:

BUY CHANA FEB ABOVE 3085 TGTS 3115 / 3165 SL 3035
SELL CHANA FEB BELOW 3050 TGTS 3020 / 2970 SL 3100