NCDEX Tips by CapitalHeight

Daily Newsletter16/03/2011

Daily Newsletter-Agri Commodity

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Agri Commodity



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MARKET WRAP

Turmeric falls on profit booking

Jeera bounds on tight arrivals

Pepper gains on bargain buying

Soy bean, soy oil recovers on short covering

Chana declines on fresh arrivals

Guar rises on short covering

Cardamom plunges on active selling

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. Edible oil

imports in the month of February and March are likely to be higher because of decline in

international price. Higher supplies and sluggish demand is likely to keep the prices

under pressure. Indian market is likely to move in line with weak overseas market.

Higher production estimates of RM Seed this year as compared to last year may

pressurize the prices. Guar would be dependent on the overseas demand scenario.

T CARDAMOM (APR)

GUARGUM (APR)

JEERA (APR)

PEPPER (APR)

• Bearish

• Sell on highs

Trend

Strategy• R2 - 1160

• R1 - 1125Resistance

• S1 - 1090

• S2 - 1070 Support

• Condolidate

• Sell on highs

Trend

Strategy

• R2 - 8100


• S1 - 7700

• S2 - 7550Support

• Consolidate

• Sell on highs

Trend

Strategy

• R2 - 16500


• S1 - 15700


• Bearish

• Sell on highs

Trend

Strategy

• R2 - 23000


• S1 - 22000

• S2 - 21600 Support

TECHNICAL VIEW

) CHANA

GUARSEED

MENTHA OIL

REFINED SOY OIL

Sell on highs

1070

• Consolidate

• Sell on highs

Trend

Strategy

• R2

• R1 Resistance

• S1

• S2 Support

Condolidate

Sell on highs• Consolidate

• Sell on highs

Trend

Strategy• R2

• R1 Resistance

• S1

• S2 Support

Consolidate

Sell on highs

• Bullish

• Buy on dips

Trend

Strategy• R2

• R1 Resistance

• S1

• S2 Support

Sell on highs

21600

• Consolidate

• Sell on highs

Trend

Strategy

• R2

• R1 Resistance

• S1

• S2 Support



[email protected]

Phone- (0731)4295950

(APR)

GUARSEED (APR)

MENTHA OIL (MAR)

REFINED SOY OIL (APR)

Consolidate

Sell on highs

R2 - 2560

R1 - 2530

S1 - 2475

S2 - 2440

Consolidate

Sell on highs

R2 - 2860

R1 - 2810

S1 - 2710

S2 - 2660

Bullish

Buy on dips

R2 - 1280

R1 - 1255

S1 - 1210

S2 - 1190

Consolidate

Sell on highs

R2 - 625

R1 - 612

S1 - 600

S2 - 590

SOYABEAN (APR)

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them the most.

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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

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not be responsible for any transaction condu

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, 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

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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

• Bearish

• Sell on highs

Trend

Strategy

• R2 - 2365

• R1 - 2345 Resistance

• S1 - 2285


) TURMERIC (APR

isclaimer


accept any responsibility (or liability) for errors of fact or opinion. Users have the right to choose the product/s that suits


e consider reliable.

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


de 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,

timates and forecasts, can change without notice. Analyst or any person related to


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.

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.

Sell on highs

2345

• Consolidate

• Sell on highs

Trend

Strategy

• R2

• R1 Resistance

• S1

• S2 Support



[email protected]

Phone- (0731)4295950

TURMERIC (APR)


for errors of fact or opinion. Users have the right to choose the product/s that suits



de 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

cted 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,

timates and forecasts, can change without notice. Analyst or any person related to 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

whatsoever for any financial profits or loss which may arise from the recommendations above. Capitalheight does not

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


s Legal Actions can be taken.

2345

Consolidate

Sell on highs

R2 - 10500

R1 - 10300

S1 - 10000

S2 - 9800

NCDEX Tips by CapitalHeight

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