Daily Agri Commodity Report

Daily Newsletter09/08/2011

Daily Newsletter-Agri Commodity

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Agri Commodity



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MARKET WRAP

Cardamom up on short covering, hit 4% circuit

Chana remains lower on profit booking

Jeera extend downtrend on weak export demand

Soybean settles down on higher output

Turmeric hits lower circuit on sluggish demand

Guar slumps on higher sowing

Pepper drops on profit booking

Turmeric prices in the intraday may trade bearish owing to lackluster trades at the

domestic market coupled with sufficient supplies. Lower area covered under turmeric is

likely to support market sentiments. Sharp fall in Jeera prices is likely to make buyers

follow wait and watch stance. Prices may thus trade sideways in the intraday. Any fresh

enquires from the local stockists and overseas buyers might support prices. Tumbling

crude oil prices is affecting the market sentiments of the edible oil complex resulting in

negative trend in prices. Soybean prices are expected to trade range bound with weak

sentiments due to favorable weather condition for crop. Chana futures are likely to trade

sideways due to weak domestic demand. However, lower stocks of Chana in M.P. are

likely to control prices from falling sharply. Guar futures in the coming week may witness

bearish trend owing to better rains in the guar growing belt leading to improved sowing

activity. However, low stocks of Guar gum may restrict prices from falling sharply. Price

trend till October may remain bullish on lower stocks amidst higher export demand.

TECHNICAL

CARDAMOM (AUG)

GUARGUM (AUG)

JEERA (AUG)

PEPPER (AUG)

• Bearish

• Sell on high

Trend

Strategy• R2 - 825

• R1 - 810Resistance

• S1 - 775

• S2 - 760 Support

• Consolidate

• Sell on high

Trend

Strategy

• R2 - 13900


• S1 - 13000

• S2 - 12700Support

• Consolidate

• Sell on high

Trend

Strategy

• R2 - 15500


• S1 - 14750


• Consolidate

• Sell on high

Trend

Strategy

• R2 - 29400


• S1 - 28250



ECHNICAL VIEW

CHANA (AUG

GUARSEED (AUG

MENTHA OIL (AUG

MUSTARD SEED (AUG

760

• Consolidate

• Sell on high

Trend

Strategy

• R2 - 3150


• S1 - 3060


• Consolidate

• Sell on high

Trend



• S1 - 4065


• Consolidate

• Sell on high

Trend



• S1 - 1090


• Consolidate

• Sell on high

Trend

Strategy

• R2 - 2940


• S1 - 2885




[email protected]

Phone- (0731)4295950

AUG)

AUG)

AUG)

AUG)

Consolidate

Sell on high

3150

3115

3060

3030

Consolidate

Sell on high

4325

4250

4065

3990

Consolidate

Sell on high

1150

1130

1090

1065

Consolidate

Sell on high

2940

2925

2885

2860

SOYABEAN (AUG)

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 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.

independently evaluate particular investments and strategies, and encourages investors to seek the advice of a financial

adviser. Money CapitalHeight Research Pvt Ltd.

information given in this report, which is in violation of rules and regulations of MCX and NCDEX.

The metal’s price projections shown are not necessarily indicative of future price performance. The information herein,

together with all estimates and forecasts, can change without notice. Ana

Research Pvt Ltd. 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 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 complet

whatsoever for any financial profits or loss which may arise from the recommendations above.

Research Pvt Ltd. does not purport to be an invitation or an offer to buy

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.

taken.

• Consolidate

• Sell on high

Trend

Strategy

• R2 - 2455

• R1 - 2435 Resistance

• S1 - 2375

• S2 - 2355 Support


) TURMERIC (AUG

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


analysis and up on sources that we consider reliable.

This material is for personal information and based upon it & takes no responsibility


made investment advice. Money CapitalHeight Research Pvt Ltd. recommends that investors

aluate particular investments and strategies, and encourages investors to seek the advice of a financial

eight Research Pvt Ltd. shall not be responsible for any transaction conducted based on the

ich is in violation of rules and regulations of MCX and NCDEX.

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

might be holding positions in the stocks recommended. It is understood that anyone who is browsing


e can be held responsible for . Any surfing and reading of the information is the acceptance

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.

does not purport to be an invitation or an offer to buy or sell any financial instrument.


Provided by us to/with anyone which is received directly or indirectly by them. If found so then Serious Legal Actions can be

2435

• Consolidate

• Sell on high

Trend

Strategy

• R2 - 6778


• S1 - 6388




[email protected]

Phone- (0731)4295950

AUG)

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



recommends that investors

aluate particular investments and strategies, and encourages investors to seek the advice of a financial

shall not be responsible for any transaction conducted based on the

price projections shown are not necessarily indicative of future price performance. The information herein,

lyst or any person related to Money CapitalHeight

might be holding positions in the stocks recommended. It is understood that anyone who is browsing


e can be held responsible for . Any surfing and reading of the information is the acceptance

we are not responsible for any loss incurred

whatsoever for any financial profits or loss which may arise from the recommendations above. Money CapitalHeight

or sell any financial instrument. Our Clients (Paid Or


If found so then Serious Legal Actions can be

2435

Consolidate

Sell on high

6778

6630

6388

6258

Daily Agri Commodity Report

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