Agri Commodity Tips by

Daily Newsletter28/04/2011

Daily Newsletter-Agri Commodity

www.capitalheight.com

Agri Commodity



capitalheight.wordpress.com

[email protected]

Phone- (0731)4295950

MARKET WRAP

Turmeric ends down on profit selling

Jeera rises on limited stocks

Pepper rebounds on firm demand

Soya bean, soy oil falls tracking global market cues

Chana remains steady

Guar extends to nearly 2 month high

Mentha oil declines on weak demand

Cardamom slumps 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. Overall trend of Pepper is bullish due to limited stocks and good demand

at domestic and export front. Steady demand for soy meal in local market is likely to

render support to the soybean market. Market talk of meal export enquiry from China is

likely to lend support to the market. 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 - 1040

• R1 - 1020Resistance

• S1 - 980

• S2 - 960 Support

• Bullish

• Buy on dips

Trend

Strategy

• R2 - 9100


• S1 - 9800

• S2 - 9600Support

• Consolidate

• Sell on highs

Trend

Strategy

• R2 - 15550


• S1 - 14900


• Bullish

• Buy on dips

Trend

Strategy

• R2 - 29500


• S1 - 28000

• S2 - 27500 Support


ECHNICAL VIEW

CHANA (MAY

GUARSEED (MAY

MENTHA OIL (APR

REFINED SOY OIL (MAY

960

• Bearish

• Sell on highs

Trend

Strategy

• R2 - 2345


• S1 - 2285


• Bullish

• Buy on dips

Trend



• S1 - 3080


• Consolidate

• Sell on highs

Trend



• S1 - 1060


• Consolidate

• Sell on highs

Trend

Strategy

• R2 - 630


• S1 - 610

• S2 - 605Support



[email protected]

Phone- (0731)4295950

MAY)

MAY)

APR)

MAY)

Sell on highs

2345

2320

2285

2265

Buy on dips

3200

3150

3080

3040

Consolidate

Sell on highs

1100

1085

1060

1050

Consolidate

Sell on highs

630

625

610

605

SOYABEAN (MAY)

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 b

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 accept

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 can be taken.

• Consolidate

• Sell on highs

Trend

Strategy

• R2 - 2455

• R1 - 2435 Resistance

• S1 - 2380



) 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 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 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

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

rward 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


• S1 - 8760




[email protected]

Phone- (0731)4295950

MAY)

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

rowsing 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

ance of this disclaimer.

we are not responsible for any loss incurred

Capitalheight does not

Our Clients (Paid Or Unpaid), Any third party or

rward or share our calls or SMS or Report or Any Information Provided by us to/with anyone

2435

Bearish

Sell on highs

9200

9050

8760

8600

Agri Commodity Tips by

Documents

Transcript of Agri Commodity Tips by