Daily Newsletter28/02/2011

Daily Newsletter-Agri Commodity

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Agri Commodity

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MARKET WRAP

Turmeric ends higher on local & export demand

Jeera hits contract high on output view

Pepper futures slips on weak exports

Soy bean, soy oil edges up on low arrivals

Guar gains on export demand & falling supply

Chana falls on increased supply

Mentha falls on short selling

Demand for Turmeric from the overseas and domestic has improved supporting prices

to remain firm. Heavy rains in Nizamabad region are further supporting the upside in

prices. Jeera prices may trade bullish owing to rains in Rajasthan and reports of ground

frost in Gujarat which might damage the standing crop. This will support prices to

strengthen in the short term. Limited arrivals of Pepper are reporting at spot market of

Kochi which might support the prices. As per trade sources, arrivals are not picking up

from both India and Vietnam which is creating confusion among the investors. Lower

quotes offered by Vietnam might weigh on prices in coming days. The arrivals come to

an end across the spot markets of Chana in Maharashtra, Karnataka and Andhra

Pradesh. The government is concerned about the food inflation levels and the budget

session ahead is weighing on the market sentiments. Cardamom futures continued to

cascade on expectation surplus stocks with the growers. Decline in demand prospects

also augmented the bearish sentiments.

TECHNICAL

CARDAMOM (MAR)

GUARGUM (MAR)

JEERA (MAR)

PEPPER (MAR)

• Consolidate

• Sell on highs

Trend

Strategy• R2 - 1042

• R1 - 1021Resistance

• S1 - 1077

• S2 - 1055 Support

• Bullish

• Buy on dips

Trend

Strategy

• R2 - 8940

• R1 - 8770Resistance

• S1 - 8430

• S2 - 8260Support

• Consolidate

• Buy on dips

Trend

Strategy

• R2 - 18070

• R1 - 17720Resistance

• S1 - 17020

• S2 - 16670Support

• Consolidate

• Buy on dips

Trend

Strategy

• R2 - 24090

• R1 - 23640Resistance

• S1 - 22290

• S2 - 22150 Support

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ECHNICAL VIEW

CHANA (MAR

GUARSEED (MAR

MENTHA OIL (FEB

REFINED SOY OIL (MAR

1055

• Bearish

• Sell on highs

Trend

Strategy

• R2 - 2600

• R1 - 2555Resistance

• S1 - 2450

• S2 - 2400Support

• Bullish

• Buy on dips

Trend

Strategy• R2 - 3100

• R1 - 3040Resistance

• S1 - 2920

• S2 - 2860Support

• Consolidate

• Buy on dips

Trend

Strategy• R2 - 1170

• R1 - 1150Resistance

• S1 - 1100

• S2 - 1080Support

• Consolidate

• Buy on dips

Trend

Strategy

• R2 - 660

• R1 - 650Resistance

• S1 - 630

• S2 - 620Support

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Phone- (0731)4295950

MAR)

MAR)

FEB)

MAR)

Sell on highs

2600

2555

2450

2400

Buy on dips

3100

3040

2920

2860

Consolidate

Buy on dips

1170

1150

1100

1080

Consolidate

Buy on dips

660

650

630

620

SOYABEAN (MAR)

Disclaimer

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 suits

them the most.

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 responsib

The information given herein should be treated as only factor, while making investment decision. The report does not

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 adviser. Capitalheight shall

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 future price performance. The information herein,

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 anyon

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 completeness

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 instrum

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 Lega

• Consolidate

• Buy on dips

Trend

Strategy

• R2 - 2490

• R1 - 2465 Resistance

• S1 - 2410

• S2 - 2380Support

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

responsibility (or liability) for errors of fact or opinion. Users have the right to choose the product/s that suits

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

ments 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

n 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.

2465

• Consolidate

• Buy on dips

Trend

Strategy

• R2 - 10150

• R1 - 10050Resistance

• S1 - 9750

• S2 - 9550Support

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info@capitalheight.com

Phone- (0731)4295950

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

responsibility (or liability) for errors of fact or opinion. Users have the right to choose the product/s that suits

Sincere efforts have been made to present the right investment perspective. The information contained herein is based on

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

ments 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

price projections shown are not necessarily indicative of future 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

n 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

2465

Consolidate

Buy on dips

10150

10050

9750

9550