Daily Agri -Commodity Report by CapitalHeight.com –23 March
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Daily Newsle 23/03/2011 etter-Agri Commod www.capita dity alheight.com
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CapitalHeight Financial Services is a Stock Advisory Company, having a strong hold in providing most authentic and accurate Equity Tips as well as Commodity Tips. We are a team of highly qualified analysts, who deliver their expertise in providing stock market calls for traders which include Stock Tips, Commodity Tips, MCX Tips, Equity Tips and Intraday Tips.
Transcript of Daily Agri -Commodity Report by CapitalHeight.com –23 March
Daily Newsletter23/03/2011
Daily Newsletter-Agri Commodity
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Agri Commodity
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MARKET WRAP
Turmeric rises on short covering
Jeera falls on weak exports & higher arrivals
Pepper gains on weak arrivals
Soy bean, soy oil falls on low demand
Chana closes down on arrivals & lower pulses price
Guar falls on profit booking
Cardamom weakens on subdued demand
Improved fresh arrivals in the turmeric may pressurize prices in the coming days. Weak
demand from the overseas is also weighing on the prices. Jeera prices in the intraday
may trade sideways owing to demand from the local stockists and expectation of better
arrivals in the market. Any recovery in demand from the overseas buyers however will
support Jeera prices in the short term. Prices quoted by India for Pepper in international
market moved up to $5050 per ton which is very much in order with the prices quoted in
other origins. Therefore, few export inquires can be expected in coming days. Edible Oil
Complex may trade with positive bias owing to reports of crop damage of Soybean in
Brazil after floods hit the growing regions. Guar is expected to extend the earlier gains
in the coming week on account of decline in the arrivals and recovery in demand from
the overseas buyers. Notwithstanding expected bumper production of pulses during
2011-12, India would require to import 3.40 million tonne of the Chana to match the
enhanced demand.
TECHNICAL
CARDAMOM (APR)
GUARGUM (APR)
JEERA (APR)
PEPPER (APR)
• Consolidate
• Sell on highs
Trend
Strategy• R2 - 1145
• R1 - 1125Resistance
• S1 - 1080
• S2 - 1060 Support
• Consolidate
• Buy on dips
Trend
Strategy
• R2 - 8670
• R1 - 8505Resistance
• S1 - 8175
• S2 - 8100Support
• Consolidate
• Sell on highs
Trend
Strategy
• R2 - 16255
• R1 - 15940Resistance
• S1 - 15330
• S2 - 15000Support
• Consolidate
• Sell on highs
Trend
Strategy
• R2 - 24680
• R1 - 24205Resistance
• S1 - 23255
• S2 - 22780 Support
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ECHNICAL VIEW
CHANA (APR
GUARSEED (APR
MENTHA OIL (MAR
REFINED SOY OIL (APR
1060
• Bearish
• Sell on highs
Trend
Strategy
• R2 - 2510
• R1 - 2480Resistance
• S1 - 2420
• S2 - 2390Support
• Consolidate
• Buy on dips
Trend
Strategy• R2 - 2991
• R1 - 2935Resistance
• S1 - 2820
• S2 - 2875Support
• Bullish
• Buy on dips
Trend
Strategy• R2 - 1365
• R1 - 1340Resistance
• S1 - 1288
• S2 - 1260Support
• Consolidate
• Sell on highs
Trend
Strategy
• R2 - 625
• R1 - 615Resistance
• S1 - 590
• S2 - 580Support
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Phone- (0731)4295950
APR)
APR)
MAR)
APR)
Sell on highs
2510
2480
2420
2390
Consolidate
Buy on dips
2991
2935
2820
2875
Buy on dips
1365
1340
1288
1260
Consolidate
Sell on highs
625
615
590
580
SOYABEAN (APR)
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.
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 responsibility
The information given herein should be treated as only factor, while making investment decision. The report does not
provide individually tailor-made investment advice.
particular investments and strategies, and encourages investors to seek the advice of a financial adviser. Capitalheight shal
not be responsible for any transaction conducted based on the info
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,
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 expresse
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 h
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 - 2390
• R1 - 2360 Resistance
• S1 - 2285
• S2 - 2240Support
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
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
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 shal
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,
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 anyone
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
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.
2360
• Consolidate
• Sell on highs
Trend
Strategy
• R2 - 10300
• R1 - 10100Resistance
• S1 - 9700
• S2 - 9500Support
www.capitalheight.com
capitalheight.wordpress.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
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
Capitalheight recommends that investors independently evaluate
particular investments and strategies, and encourages investors to seek the advice of a financial adviser. Capitalheight shall
rmation 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
d as a recommendation for which either the site or its owners or anyone
can 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
2360
Consolidate
Sell on highs
10300
10100
9700
9500
