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Daily Newsletter30/04/2011

Daily Newsletter-Agri Commodity

www.capitalheight.com

Agri Commodity



capitalheight.wordpress.com

[email protected]

Phone- (0731)4295950

MARKET WRAP

Turmeric down on increased arrivals

Jeera up on export queries

Pepper up on supply crunch

Soy oil drops on higher edible oil supply

Chana edges up

Guar up over 1% on lower level demand

Mentha oil remains down on profit booking

Cardamom rises on short covering

Reduced demand of Turmeric is expected to pressurize the prices. However, stable

arrivals at spot might limit the sharp losses. Jeera futures are expected to extend the

bearish trend in coming week on strong selling pressure. Rising arrivals at spot market

might pressurize the prices. Pepper futures are expected to witness corrections on profit

selling as prices are trading at all time high levels. Overall fundamentals of tight supply

situation amid reduced production might support the prices at spot market. Domestic

traders and investors are likely to buy soybean futures on expectation of revival in

demand for the produce. Guar price movement would be dependent on export demand

as long as the monsoon forecast remains favorable. In the current crop season, export

demand is the only factor which drives prices higher despite bumper crop. Arrivals of

Chana are expected to be in full momentum during this month which would create good

buying level at the physical markets.

TECHNICAL

CARDAMOM (MAY)

GUARGUM (MAY)

JEERA (MAY)

PEPPER (MAY)

• Bearish

• Sell on highs

Trend

Strategy• R2 - 1020

• R1 - 1000Resistance

• S1 - 955

• S2 - 940 Support

• Bullish

• Buy on dips

Trend

Strategy

• R2 - 9100


• S1 - 8700

• S2 - 8550Support

• Consolidate

• Sell on highs

Trend

Strategy

• R2 - 15550


• S1 - 14930


• Consolidate

• Buy on dips

Trend

Strategy

• R2 - 29500


• S1 - 28200

• S2 - 28000 Support


ECHNICAL VIEW

CHANA (MAY

GUARSEED (MAY

MENTHA OIL (APR

REFINED SOY OIL (MAY

940

• Consolidate

• Sell on highs

Trend

Strategy

• R2 - 2385


• S1 - 2300


• Bullish

• Buy on dips

Trend



• S1 - 3035


• Consolidate

• Sell on highs

Trend



• S1 - 1043


• Consolidate

• Sell on highs

Trend

Strategy

• R2 - 630


• S1 - 612

• S2 - 606Support



[email protected]

Phone- (0731)4295950

MAY)

MAY)

APR)

MAY)

Consolidate

Sell on highs

2385

2355

2300

2275

Buy on dips

3170

3120

3035

2990

Consolidate

Sell on highs

1080

1065

1043

1030

Consolidate

Sell on highs

630

625

612

606

SOYABEAN (MAY)

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. Users have the right to choose the product/s that suits

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. 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

and regulations of MCX and NCDEX.

The metals price projections shown are not necessarily indicative of future price performance. The informatio

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 a

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

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.

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

• Consolidate

• Sell on highs

Trend

Strategy

• R2 - 2450

• R1 - 2415 Resistance

• S1 - 2380



) TURMERIC (MAY


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


lysis and up on sources that we consider reliable.

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


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

ible 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 informatio

together with all estimates and forecasts, 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 a

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


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.

2415

• Bearish

• Sell on highs

Trend

Strategy

• R2 - 9200


• S1 - 8800




[email protected]

Phone- (0731)4295950

MAY)


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



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

ible 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,

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 the site or its owners or anyone


we are not responsible for any loss incurred

Capitalheight does not

lients (Paid Or Unpaid), Any third party or


2415

Bearish

Sell on highs

9200

9050

8800

8600

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