Daily Agri -Commodity Tips –11 March

Daily Newsletter11/03/2011

Daily Newsletter-Agri Commodity

www.capitalheight.com

Agri Commodity



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Phone- (0731)4295950

MARKET WRAP

Spices fell on rising supply & weak exports

Turmeric falls on profit booking

Jeera slumps on fresh arrivals

Pepper regains on short covering

Soy bean, soy oil falls over 2%

Chana moves up on short covering

Guar falls on profit taking

The turmeric arrivals expected to rise in coming weeks could pressurize prices to some

extent but traders believe export demand would determine the trend for the commodity.

Low stock levels could support the rates further. Thus some firmness could be noted for

the commodity amidst high volatility depending on the reports on the production and

export front. Demand from US and European countries for Jeera is likely to shift more

towards India in coming weeks due to low stocks in the International markets. Export

demand from South-East Asian countries have been there. The trend would depend on

the crop arrivals of Pepper in Vietnam and its effect on the Indian exports. Market is

waiting for release of February month edible oil import data, which is likely to be

released next week. Physical markets are witnessing subdued trading on poor demand

and higher supply of the oil. The exporters were interest-ed in buying gum to fulfill their

consignments while the availability of the same is lower. This artificial supply crunch

created for guar gum is expected to support the prices.

TECHNICAL

CARDAMOM (MAR)

GUARGUM (MAR)

JEERA (MAR)

PEPPER (MAR)

• Consolidate

• Sell on highs

Trend

Strategy• R2 - 1143

• R1 - 1121Resistance

• S1 - 1077

• S2 - 1055 Support

• Consolidate

• Sell on highs

Trend

Strategy

• R2 - 8026


• S1 - 7560

• S2 - 7405Support

• Consolidate

• Sell on highs

Trend

Strategy

• R2 - 16905


• S1 - 15930


• Consolidate

• Buy on dips

Trend

Strategy

• R2 - 23730


• S1 - 22350

• S2 - 21890 Support


ECHNICAL VIEW

CHANA (MAR

GUARSEED (MAR

MENTHA OIL (MAR

REFINED SOY OIL (MAR

1055

• Consolidate

• Buy on dips

Trend

Strategy

• R2 - 2550


• S1 - 2420


• Consolidate

• Sell on highs

Trend



• S1 - 2648


• Consolidate

• Buy on dips

Trend



• S1 - 1100


• Consolidate

• Sell on highs

Trend

Strategy

• R2 - 640


• S1 - 600

• S2 - 590Support



[email protected]

Phone- (0731)4295950

MAR)

MAR)

MAR)

MAR)

Consolidate

Buy on dips

2550

2500

2420

2370

Consolidate

Sell on highs

2810

2755

2648

2594

Consolidate

Buy on dips

1175

1145

1100

1078

Consolidate

Sell on highs

640

630

600

590

SOYABEAN (MAR)

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 contain

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 decis

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. Capitalhe

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 pe

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 anyo

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 comple

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 i

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 Seriou

• Consolidate

• Sell on highs

Trend

Strategy

• R2 - 2400

• R1 - 2375 Resistance

• S1 - 2300



) TURMERIC (APR

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 contain

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. Capitalhe

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


his free will and does not read any views expressed as a recommendation for which either the site or its owners or anyo


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.

2375

• Consolidate

• Buy on dips

Trend

Strategy

• R2 - 11100


• S1 - 10500




[email protected]

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

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

ion. 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

rformance. The information herein,

Capitalheight might be


his free will and does not read any views expressed as a recommendation for which either the site or its owners or anyone


we are not responsible for any loss incurred

Capitalheight does not

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


2375

Consolidate

Buy on dips

11100

10900

10500

10300

Daily Agri -Commodity Tips –11 March

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