Agri Commodity Report by CH

Daily Newsletter04/03/2011

Daily Newsletter-Agri Commodity

www.capitalheight.com

Agri Commodity



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MARKET WRAP

India food inflation eases, but rate rise seen

Jeera falls on fresh arrivals

Pepper gains on short covering

Soy bean, soy oil seen extending gains

Guar plunges on weak exports

Chana up on short covering

Cardamom weakens on active selling

As per the trade sources, prevailing cloudy weather conditions in Rajasthan and some

parts of Gujarat is supporting the Jeera prices despite of poor export demand. Lower

quotes of Pepper offered by Vietnam are pressurizing the prices amid weak export

demand. However, limited arrivals are reporting at spot market of Kochi which might

limit the losses. In Rajasthan the harvesting of Chana might start in ten days time. In the

month ahead, the spot markets are expected to be flooded with the fresh crop arrivals.

Traders are not interested in bulk buying as they are anticipating that growers are still

holding the good quantity of cardamom produce. Poor domestic and export demand

might also weigh on prices. Thus, overall sentiments are bearish but short covering on

losses can’t be over ruled. We expect Guar prices to trade sideways to down due to

decline in the overseas orders at higher rates and may trade in the range of Rs.2800

and Rs. 3050 per quintal. Strength in Crude oil Prices had also led to added to the

bullish market sentiments in Guar.

TECHNICAL

CARDAMOM (MAR)

GUARGUM (MAR)

JEERA (MAR)

PEPPER (MAR)

• Consolidate

• Sell on highs

Trend

Strategy• R2 - 1140

• R1 - 1120Resistance

• S1 - 1060

• S2 - 1045 Support

• Consolidate

• Sell on highs

Trend

Strategy

• R2 - 8485


• S1 - 8000

• S2 - 7835Support

• Consolidate

• Sell on highs

Trend

Strategy

• R2 - 17170


• S1 - 16180


• Consolidate

• Sell on highs

Trend

Strategy

• R2 - 23300


• S1 - 22170

• S2 - 21700 Support


ECHNICAL VIEW

CHANA (MAR

GUARSEED (MAR

MENTHA OIL (MAR

REFINED SOY OIL (MAR

1045

• Bearish

• Sell on highs

Trend

Strategy

• R2 - 2530


• S1 - 2440


• Consolidate

• Sell on highs

Trend



• S1 - 2780


• Consolidate

• Buy on dips

Trend



• S1 - 1120


• Consolidate

• Sell on highs

Trend

Strategy

• R2 - 650


• S1 - 620

• S2 - 610Support



[email protected]

Phone- (0731)4295950

MAR)

MAR)

MAR)

MAR)

Sell on highs

2530

2500

2440

2400

Consolidate

Sell on highs

2955

2900

2780

2725

Consolidate

Buy on dips

1185

1165

1120

1100

Consolidate

Sell on highs

650

640

620

610

SOYABEAN (MAR)

Disclaimer

The information and views in this report, our website & all the service

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 invest

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 o

provide individually tailor-made investment advice. Capitalheight recommends that investors independently evaluate

particular investments and strategies, and encourages investors to seek the

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

together with all estimates and forecasts, can change without notice. Analyst or any person related to

holding positions in the stocks recommended. It is und

his free will and does not read any views expressed as a recommendation for which either the site or its owners or anyon

can be held responsible for . Any surfing and reading of t

All Rights Reserved.

Investment in Commodity and equity market has its own risks.

We, however, do not vouch for the accuracy or the completeness thereof.

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 instrument.

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

• Consolidate

• Sell on highs

Trend

Strategy

• R2 - 2475

• R1 - 2445 Resistance

• S1 - 2385



) 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 adviser. Capitalheight shall

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 anyon

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


which is received directly or indirectly by them. If found so then Serious Legal Actions can be taken.

2445

• Consolidate

• Buy on dips

Trend

Strategy

• R2 - 10350


• S1 - 9900




[email protected]

Phone- (0731)4295950

TURMERIC (APR)

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 suits

ment perspective. The information contained herein is based on

nly factor, while making investment decision. The report does not

made investment advice. Capitalheight recommends that investors independently evaluate

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

necessarily indicative of future price performance. The information herein,

Capitalheight might be

erstood 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

he information is the acceptance of this disclaimer.

we are not responsible for any loss incurred

Capitalheight does not

lients (Paid Or Unpaid), Any third party or


2445

Consolidate

Buy on dips

10350

10200

9900

9700

Agri Commodity Report by CH

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