Daily Agri Report
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Transcript of Daily Agri Report
Daily Newsletter22/07/2011
Daily Newsletter-Agri Commodity
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Agri Commodity
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MARKET WRAP
Chana drops on profit booking
Jeera trades higher on export demand
Pepper gains on falling arrivals
Oilseeds, soy oil rise on demand & positive global cues
Guar extend gains, hits contract high
Turmeric edges higher short covering
Mentha oil falls on profit booking
Price trend of Turmeric is likely to depend on distribution of rainfall in the growing areas
and demand for the spice from domestic and overseas buyers. As the pepper prices in
the international market of all regions are at same levels there is likelihood that
overseas buyers might place fresh orders in the domestic market in the short term.
Jeera prices in the intraday are likely to trade firm due to fresh export enquiries from
overseas buyers particularly China. Soy oil prices at Indian commodity bourses might
recover from the previous fall on back of improving demand for edible oils for biodiesel
purposes. Chana futures are likely to trade firm owing to improved demand from local
buyers amidst reduced arrivals in the domestic. The Cardamom August futures are
expected to continue to trade up on fresh buying. Export demand from gulf is expected
to support the prices. Guar futures may trade firm owing to robust export demand.
However, good rainfall in the major guar growing districts of Rajasthan in coming days
might cap the gains in the short term.
TECHNICAL
CARDAMOM (AUG)
GUARGUM (AUG)
JEERA (AUG)
PEPPER (AUG)
• Consolidate
• Buy on dips
Trend
Strategy• R2 - 890
• R1 - 880Resistance
• S1 - 845
• S2 - 830 Support
• Bullish
• Buy on dips
Trend
Strategy
• R2 - 14200
• R1 - 13950Resistance
• S1 - 13500
• S2 - 13250Support
• Bullish
• Buy on dips
Trend
Strategy
• R2 - 17000
• R1 - 16600Resistance
• S1 - 15950
• S2 - 15700Support
• Consolidate
• Buy on dips
Trend
Strategy
• R2 - 29200
• R1 - 28600Resistance
• S1 - 27900
• S2 - 27200Support
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ECHNICAL VIEW
CHANA (AUG
GUARSEED (AUG
MENTHA OIL (JULY
MUSTARD SEED (AUG
830
• Bullish
• Buy on dips
Trend
Strategy
• R2 - 3030
• R1 - 3000Resistance
• S1 - 2940
• S2 - 2900Support
• Bullish
• Buy on dips
Trend
Strategy• R2 - 4450
• R1 - 4400Resistance
• S1 - 4250
• S2 - 4180Support
• Consolidate
• Buy on dips
Trend
Strategy• R2 - 1170
• R1 - 1150Resistance
• S1 - 1110
• S2 - 1090Support
• Consolidate
• Buy on dips
Trend
Strategy
• R2 - 3030
• R1 - 3005Resistance
• S1 - 2950
• S2 - 2910Support
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Phone- (0731)4295950
AUG)
AUG)
JULY)
AUG)
Buy on dips
3030
3000
2940
2900
Buy on dips
4450
4400
4250
4180
Consolidate
Buy on dips
1170
1150
1110
1090
Consolidate
Buy on dips
3030
3005
2950
2910
SOYABEAN (AUG)
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.
independently evaluate particular investments and strategies, and encourage
adviser. Money CapitalHeight Research Pvt Ltd.
information given in this report, which is in violation of rules and regulations of MCX and NCDE
The metals 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
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 completeness thereof.
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 or sell any financial instrument.
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.
• Consolidate
• Buy on dips
Trend
Strategy
• R2 - 2465
• R1 - 2435 Resistance
• S1 - 2350
• S2 - 2320 Support
capitalheight.wordpress.com
) 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
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. Money CapitalHeight Research Pvt Ltd. recommends that investors
independently evaluate 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
information given in this report, which 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
through the site has done so at his free will and does not read any views expressed as a recommendation for which either
r anyone 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.
Unpaid), Any third party or anyone else have no rights to forward or share our calls or SMS or Report or Any Information
anyone which is received directly or indirectly by them. If found so then Serious Legal Actions can be
2435
• Bearish
• Sell on high
Trend
Strategy
• R2 - 7400
• R1 - 7250Resistance
• S1 - 7000
• S2 - 6850Support
www.capitalheight.com
capitalheight.wordpress.com
Phone- (0731)4295950
AUG)
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
recommends that investors
s 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,
together with all estimates and forecasts, can change without notice. Analyst or any person related to Money CapitalHeight
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
r anyone 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
does not 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
anyone which is received directly or indirectly by them. If found so then Serious Legal Actions can be
2435
Bearish
Sell on high
7400
7250
7000
6850