Agri Commodity Report by CapitalHeight
-
Upload
money-capitalheight-research-pvt-ltd -
Category
Economy & Finance
-
view
224 -
download
0
Transcript of Agri Commodity Report by CapitalHeight
Daily Newsletter07/03/2011
Daily Newsletter-Agri Commodity
www.capitalheight.com
Agri Commodity
www.capitalheight.com
www.capitalheight.com
capitalheight.wordpress.com
Phone- (0731)4295950
MARKET WRAP
Turmeric futures end up on demand
Jeera plunges on fresh arrivals
Pepper falls on profit booking
Soy bean, soy oil end up on global cues
Guar drops on sluggish demand
Chana falls on arrivals
Cardamom rises on bargain buying
The turmeric arrivals expected to rise in coming weeks could pressurize prices to some
extent but traders believe export demand would determine the trend for the commodity.
Low stock levels could support the rates further. Thus some firmness could be noted for
the commodity amidst high volatility depending on the reports on the production and
export front. Demand from US and European countries for Jeera is likely to shift more
towards India in coming weeks due to low stocks in the International markets. Export
demand from South-East Asian countries have been there. The coming week trend
would depend on the crop arrivals in Vietnam and its effect on the Indian exports. In
India, soybean crushing is going on resulting in the more availability of soy oil to the
domestic markets. The coming month could witness further rise in Guar rates as traders
expect exports to rise supported by expected rise in Crude Oil prices, which could
enhance the exports from here. Weak trend in other Pulses is expected to have bearish
impact on Chana rates in the coming weeks.
TECHNICAL
CARDAMOM (MAR)
GUARGUM (MAR)
JEERA (MAR)
PEPPER (MAR)
• Consolidate
• Sell on highs
Trend
Strategy• R2 - 1205
• R1 - 1185Resistance
• S1 - 1040
• S2 - 1020 Support
• Consolidate
• Sell on highs
Trend
Strategy
• R2 - 8380
• R1 - 8220Resistance
• S1 - 7900
• S2 - 7740Support
• Consolidate
• Sell on highs
Trend
Strategy
• R2 - 17000
• R1 - 16667Resistance
• S1 - 16340
• S2 - 16015Support
• Consolidate
• Sell on highs
Trend
Strategy
• R2 - 23340
• R1 - 22890Resistance
• S1 - 21990
• S2 - 21540 Support
capitalheight.wordpress.com
ECHNICAL VIEW
CHANA (MAR
GUARSEED (MAR
MENTHA OIL (MAR
REFINED SOY OIL (MAR
1020
• Bearish
• Sell on highs
Trend
Strategy
• R2 - 2490
• R1 - 2460Resistance
• S1 - 2400
• S2 - 2370Support
• Consolidate
• Sell on highs
Trend
Strategy• R2 - 2940
• R1 - 2885Resistance
• S1 - 2775
• S2 - 2720Support
• Consolidate
• Buy on dips
Trend
Strategy• R2 - 1205
• R1 - 1185Resistance
• S1 - 1145
• S2 - 1125Support
• Consolidate
• Sell on highs
Trend
Strategy
• R2 - 655
• R1 - 645Resistance
• S1 - 630
• S2 - 620Support
www.capitalheight.com
capitalheight.wordpress.com
Phone- (0731)4295950
MAR)
MAR)
MAR)
MAR)
Sell on highs
2490
2460
2400
2370
Consolidate
Sell on highs
2940
2885
2775
2720
Consolidate
Buy on dips
1205
1185
1145
1125
Consolidate
Sell on highs
655
645
630
620
SOYABEAN (MAR)
Disclaimer
The information and views in this report, our website & all the service we provide are believed to
accept any responsibility (or liability) for errors of fact or opinion. Users have the right to choose the product/s that sui
them the most.
Sincere efforts have been made to present the right investment perspective. The inform
analysis and up on sources that we consider reliable.
This material is for personal information and based upon it & takes no responsibility
The information given herein should be treated as only factor, while making inv
provide individually tailor-made investment advice. Capitalheight recommends that investors independently evaluate
particular investments and strategies, and encourages investors to seek the advice of a financial advis
not be responsible for any transaction conducted based on the information given in this report, which is in violation of rule
and regulations of MCX and NCDEX.
The metals price projections shown are not necessarily indicative of fu
together with all estimates and forecasts, can change without notice. Analyst or any person related to
holding positions in the stocks recommended. It is understood that anyone who is browsing through the site has done so at
his free will and does not read any views expressed as a recommendation for which either the site or its owners or anyo
can be held responsible for . Any surfing and reading of the information is the acceptance of this disclaimer.
All Rights Reserved.
Investment in Commodity and equity market has its own risks.
We, however, do not vouch for the accuracy or the comple
whatsoever for any financial profits or loss which may arise from the recommendations above.
purport to be an invitation or an offer to buy or sell any financial i
anyone else have no rights to forward or share our calls or SMS or Report or Any Information Provided by us to/with anyone
which is received directly or indirectly by them. If found so then Seriou
• Consolidate
• Sell on highs
Trend
Strategy
• R2 - 2490
• R1 - 2460 Resistance
• S1 - 2400
• S2 - 2370Support
capitalheight.wordpress.com
) TURMERIC (APR
The information and views in this report, our website & all the service we provide are believed to be reliable, but we do not
accept any responsibility (or liability) for errors of fact or opinion. Users have the right to choose the product/s that sui
Sincere efforts have been made to present the right investment perspective. The information contained herein is based on
analysis and up on sources that we consider reliable.
This material is for personal information and based upon it & takes no responsibility
The information given herein should be treated as only factor, while making investment decision. The report does not
made investment advice. Capitalheight recommends that investors independently evaluate
particular investments and strategies, and encourages investors to seek the advice of a financial advis
not be responsible for any transaction conducted based on the information given in this report, which is in violation of rule
price projections shown are not necessarily indicative of future price performance. The information herein,
together with all estimates and forecasts, can change without notice. Analyst or any person related to Capitalheight
holding positions in the stocks recommended. It is understood that anyone who is browsing through the site has done so at
his free will and does not read any views expressed as a recommendation for which either the site or its owners or anyo
can be held responsible for . Any surfing and reading of the information is the acceptance of this disclaimer.
Investment in Commodity and equity market has its own risks.
We, however, do not vouch for the accuracy or the completeness thereof. we are not responsible for any loss incurred
whatsoever for any financial profits or loss which may arise from the recommendations above. Capitalheight
purport to be an invitation or an offer to buy or sell any financial instrument. Our Clients (Paid Or Unpaid), Any third party or
anyone else have no rights to forward or share our calls or SMS or Report or Any Information Provided by us to/with anyone
which is received directly or indirectly by them. If found so then Serious Legal Actions can be taken.
2460
• Consolidate
• Sell on highs
Trend
Strategy
• R2 - 10350
• R1 - 10200Resistance
• S1 - 9900
• S2 - 9700Support
www.capitalheight.com
capitalheight.wordpress.com
Phone- (0731)4295950
TURMERIC (APR)
be reliable, but we do not
accept any responsibility (or liability) for errors of fact or opinion. Users have the right to choose the product/s that suits
ation contained herein is based on
estment decision. The report does not
made investment advice. Capitalheight recommends that investors independently evaluate
particular investments and strategies, and encourages investors to seek the advice of a financial adviser. Capitalheight shall
not be responsible for any transaction conducted based on the information given in this report, which is in violation of rules
ture price performance. The information herein,
Capitalheight might be
holding positions in the stocks recommended. It is understood that anyone who is browsing through the site has done so at
his free will and does not read any views expressed as a recommendation for which either the site or its owners or anyone
can be held responsible for . Any surfing and reading of the information is the acceptance of this disclaimer.
we are not responsible for any loss incurred
Capitalheight does not
Our Clients (Paid Or Unpaid), Any third party or
anyone else have no rights to forward or share our calls or SMS or Report or Any Information Provided by us to/with anyone
2460
Consolidate
Sell on highs
10350
10200
9900
9700