Agri Commodity Tips by

Daily Newsletter18/04/2011

Daily Newsletter-Agri Commodity

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Agri Commodity



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MARKET WRAP

Turmeric gains on bargain buying

Jeera hit contract low on supply, seen weak

Pepper hits contract high, retreats on weak exports

Soya bean, soy oil seen down for 3rd day in row

Chana ends lower on arrivals

Guar end tad up on demand, seen steady

Mentha recovers on short covering

Cardamom declines on fresh arrivals

Turmeric prices in the intraday will trade firm due to improved buying by the market

participants. Stockiest at the market are not willing to offload their stocks at lower levels.

Rising arrivals of Jeera at spot market amid peak arrivals season are keeping the prices

under pressure. Export demand from gulf countries is also very poor which might weigh

on sentiments. Strong buying interest amid bullish fundamentals of Pepper might add to

the upside. Also good demand amid reduced supply is likely to support the prices.

Dampening global demand for edible oil especially from China is putting pressure on the

global soy market. The traders are of the opinion that the current prices are much higher

for guar seed at which levels they are liquidating the stocks. The absence of any fresh

export demand and the continued arrivals is exerting pressure on the prices. The

bumper crop production of Chana across the regions of Rajasthan might have bearish

impact on the prices.

TECHNICAL

CARDAMOM (MAY)

GUARGUM (MAY)

JEERA (MAY)

PEPPER (MAY)

• Consolidate

• Sell on highs

Trend

Strategy• R2 - 1170

• R1 - 1150Resistance

• S1 - 1110

• S2 - 1085 Support

• Consolidate

• Sell on highs

Trend

Strategy

• R2 - 8850


• S1 - 8370

• S2 - 8200Support

• Bearish

• Sell on highs

Trend

Strategy

• R2 - 16150


• S1 - 15300


• Consolidate

• Buy on dips

Trend

Strategy

• R2 - 27600


• S1 - 26700

• S2 - 26300 Support


ECHNICAL VIEW

CHANA (MAY

GUARSEED (MAY

MENTHA OIL (APR

REFINED SOY OIL (MAY

1085

• Bearish

• Sell on highs

Trend

Strategy

• R2 - 2440


• S1 - 2363


• Consolidate

• Sell on highs

Trend



• S1 - 2950


• Consolidate

• Sell on highs

Trend



• S1 - 1018


• Consolidate

• Sell on highs

Trend

Strategy

• R2 - 625


• S1 - 605

• S2 - 600Support



[email protected]

Phone- (0731)4295950

MAY)

MAY)

APR)

MAY)

Sell on highs

2440

2415

2363

2330

Consolidate

Sell on highs

3040

3010

2950

2915

Consolidate

Sell on highs

1080

1060

1018

1000

Consolidate

Sell on highs

625

620

605

600

SOYABEAN (MAY)

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 investm

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 on

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 n

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

holding positions in the stocks recommended. It is unde

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 th

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 - 2440 Resistance

• S1 - 2390



) TURMERIC (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 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.

2440

• Consolidate

• Sell on highs

Trend

Strategy

• R2 - 9300


• S1 - 8800




[email protected]

Phone- (0731)4295950

MAY)

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

ent perspective. The information contained herein is based on

ly 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

ecessarily indicative of future price performance. The information herein,

Capitalheight might be

rstood 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

e 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


2440

Consolidate

Sell on highs

9300

9150

8800

8650

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