Agri Commodity Report by CapitalHeight

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Daily Newsle 07/03/2011 etter-Agri Commod www.capita dity alheight.com

Transcript of Agri Commodity Report by CapitalHeight

Daily Newsletter07/03/2011

Daily Newsletter-Agri Commodity

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Agri Commodity

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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

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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

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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

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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