Daily Newsletter15/06/2011
Daily Newsletter-Agri Commodity
www.capitalheight.com
Agri Commodity
www.capitalheight.com
www.capitalheight.com
capitalheight.wordpress.com
Phone- (0731)4295950
MARKET WRAP
Chana down on profit taking
Jeera slumps on selling pressure
Pepper falls on weak export demand
Soy oil drops on weak global cues
Guar down on rains
Mentha oil plunges on profit booking
Cardamom extend uptrend on active buying
Turmeric bounces back on short covering
Jeera is expected to continue the bearish trend on poor domestic demand. Lack of
active buying at spot market is likely to pull down the prices. Pepper is projected to
continue the uptrend on emergence of fresh buying at lower levels. Lower stocks
available across the spot markets might also support the prices. Reports of decline in
production estimates of Indonesia and Brazil might support the prices. The soy oil might
resume the bearish trend as the higher supplies of the edible oils across the globe as
per the USDA report is expected to have negative impact. Chana fell as speculators
booked profits at high levels, driven by a sluggish spot demand, increased arrivals from
producing belts also led to fall in Chana prices. Cardamom is projected to trade slightly
positive. Fresh buying at lower level is likely to support the prices. Export inquiries from
Gulf amid upcoming festive season might support the prices. We expect guar seed and
gum to retain its downtrend.
TECHNICAL
CARDAMOM (JULY)
GUARGUM (JUNE)
JEERA (JUNE)
PEPPER (JUNE)
• Consolidate
• Sell on high
Trend
Strategy• R2 - 830
• R1 - 815Resistance
• S1 - 785
• S2 - 770 Support
• Consolidate
• Buy on dips
Trend
Strategy
• R2 - 10500
• R1 - 10350Resistance
• S1 - 10100
• S2 - 9990Support
• Consolidate
• Sell on high
Trend
Strategy
• R2 - 14100
• R1 - 13900Resistance
• S1 - 13500
• S2 - 13350Support
• Consolidate
• Buy on dips
Trend
Strategy
• R2 - 30300
• R1 - 29800Resistance
• S1 - 29200
• S2 - 28800Support
capitalheight.wordpress.com
ECHNICAL VIEW
CHANA (JUNE
GUARSEED (JUNE
MENTHA OIL (JUNE
REFINED SOY OIL (JUNE
770
• Consolidate
• Sell on high
Trend
Strategy
• R2 - 2580
• R1 - 2550Resistance
• S1 - 2500
• S2 - 2470Support
• Consolidate
• Buy on dips
Trend
Strategy• R2 - 3290
• R1 - 3270Resistance
• S1 - 3220
• S2 - 3190Support
• Bearish
• Sell on high
Trend
Strategy• R2 - 860
• R1 - 845Resistance
• S1 - 815
• S2 - 800Support
• Consolidate
• Sell on high
Trend
Strategy
• R2 - 650
• R1 - 645Resistance
• S1 - 635
• S2 - 629Support
www.capitalheight.com
capitalheight.wordpress.com
Phone- (0731)4295950
JUNE)
JUNE)
JUNE)
JUNE)
Consolidate
Sell on high
2580
2550
2500
2470
Consolidate
Buy on dips
3290
3270
3220
3190
Sell on high
Consolidate
Sell on high
650
645
635
629
SOYABEAN (JUNE)
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.
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.
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 info
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,
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 expresse
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
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 anyon
which is received directly or indirectly by them. If found so then Serious Legal Actions can be taken.
• Consolidate
• Sell on high
Trend
Strategy
• R2 - 2380
• R1 - 2350 Resistance
• S1 - 2285
• S2 - 2250Support
capitalheight.wordpress.com
) TURMERIC (JUNE
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
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. 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,
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 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.
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
anyone else have no rights to forward or share our calls or SMS or Report or Any Information Provided by us to/with anyon
which is received directly or indirectly by them. If found so then Serious Legal Actions can be taken.
2350
• Consolidate
• Sell on high
Trend
Strategy
• R2 - 7500
• R1 - 7350Resistance
• S1 - 7150
• S2 - 7000Support
www.capitalheight.com
capitalheight.wordpress.com
Phone- (0731)4295950
JUNE)
The information and views in this report, our website & all the service we provide are believed to be reliable, but we do not
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
The information given herein should be treated as only factor, while making investment decision. The report does not
Capitalheight recommends that investors independently evaluate
particular investments and strategies, and encourages investors to seek the advice of a financial adviser. Capitalheight shall
rmation 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
d 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.
we are not responsible for any loss incurred
Capitalheight does not
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 Provided by us to/with anyone
2350
Consolidate
Sell on high
7500
7350
7150
7000