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Transcript of Agri Commodity Tips by
Daily Newsletter29/04/2011
Daily Newsletter-Agri Commodity
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Agri Commodity
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www.capitalheight.com
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Phone- (0731)4295950
MARKET WRAP
Turmeric ends down on profit selling
Jeera up on export queries
Pepper drops on sluggish demand
Soya bean, soy oil rise on lower level buying
Chana remains steady
Guar down on profit booking
Mentha oil remains down on profit booking
Cardamom weakens on sluggish demand
Reduced demand of Turmeric is expected to pressurize the prices. However, stable
arrivals at spot might limit the sharp losses. Jeera futures are expected to extend the
bearish trend in coming week on strong selling pressure. Rising arrivals at spot market
might pressurize the prices. Pepper futures are expected to witness corrections on profit
selling as prices are trading at all time high levels. Overall fundamentals of tight supply
situation amid reduced production might support the prices at spot market. Domestic
traders and investors are likely to buy soybean futures on expectation of revival in
demand for the produce. Guar price movement would be dependent on export demand
as long as the monsoon forecast remains favorable. In the current crop season, export
demand is the only factor which drives prices higher despite bumper crop. Arrivals of
Chana are expected to be in full momentum during this month which would create good
buying level at the physical markets.
TECHNICAL
CARDAMOM (MAY)
GUARGUM (MAY)
JEERA (MAY)
PEPPER (MAY)
• Bearish
• Sell on highs
Trend
Strategy• R2 - 1020
• R1 - 1000Resistance
• S1 - 955
• S2 - 940 Support
• Bullish
• Buy on dips
Trend
Strategy
• R2 - 8900
• R1 - 8700Resistance
• S1 - 8400
• S2 - 8230Support
• Consolidate
• Sell on highs
Trend
Strategy
• R2 - 15550
• R1 - 15250Resistance
• S1 - 14760
• S2 - 14500Support
• Consolidate
• Buy on dips
Trend
Strategy
• R2 - 29500
• R1 - 28900Resistance
• S1 - 28070
• S2 - 27500 Support
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ECHNICAL VIEW
CHANA (MAY
GUARSEED (MAY
MENTHA OIL (APR
REFINED SOY OIL (MAY
940
• Bearish
• Sell on highs
Trend
Strategy
• R2 - 2355
• R1 - 2330Resistance
• S1 - 2285
• S2 - 2265Support
• Bullish
• Buy on dips
Trend
Strategy• R2 - 3120
• R1 - 3050Resistance
• S1 - 2945
• S2 - 2900Support
• Consolidate
• Sell on highs
Trend
Strategy• R2 - 1100
• R1 - 1077Resistance
• S1 - 1045
• S2 - 1030Support
• Consolidate
• Sell on highs
Trend
Strategy
• R2 - 635
• R1 - 630Resistance
• S1 - 615
• S2 - 610Support
www.capitalheight.com
capitalheight.wordpress.com
Phone- (0731)4295950
MAY)
MAY)
APR)
MAY)
Sell on highs
2355
2330
2285
2265
Buy on dips
3120
3050
2945
2900
Consolidate
Sell on highs
1100
1077
1045
1030
Consolidate
Sell on highs
635
630
615
610
SOYABEAN (MAY)
Disclaimer
The information and views in this report, our website & all the service we provide are believed to be reliable,
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 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
• Sell on highs
Trend
Strategy
• R2 - 2455
• R1 - 2435 Resistance
• S1 - 2400
• S2 - 2365Support
capitalheight.wordpress.com
) TURMERIC (MAY
The information and views in this report, our website & all the service we provide are believed to be reliable,
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
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.
2435
• Bearish
• Sell on highs
Trend
Strategy
• R2 - 9200
• R1 - 9050Resistance
• S1 - 8800
• S2 - 8600Support
www.capitalheight.com
capitalheight.wordpress.com
Phone- (0731)4295950
MAY)
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
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
2435
Bearish
Sell on highs
9200
9050
8800
8600