Daily Newsletter-Agri Commodity 29/03/2012
www.capitalheight.com
info@capitalheight.com Phone- (0731)4295950
MARKET WRAP Soya bean closed flat, low production support prices. Uptrend ends in RM Seed, prices down by 2.2%. Cardamom declines on low demand, may show mixed trend.
Jeera was volatile in the previous session. It opened gap up then followed an uptrend, but then prices fell down and close flat at the end. Chana down by 2.7 %, expected to touch 3520 in the next trading session. Pepper down by 3%, trend remain uncertain this week. Turmeric closed flat, may follow a mixed trend in the next trading session.
COMMODITY
P. CLOSE
LAST CLOSE
NET CHANGE
% CHANGE
CARDAMOM
1,163.90
1,156.60
-7.30
-0.63
CHANA
3,711.00
3,608.00
-103.00
-2.78
GUARGUM
77,850.00
80,970.00
3,120.00
4.01
GUARSEED
24,110.00
25,080.00
970.00
4.02
JEERA
12,170.00
11,960.00
-210.00
-1.73
MENTHA OIL
2,108.40
2,192.70
84.30
4.00
PEPPER
41,400.00
40,850.00
-550.00
-1.33
RM SEED
3,886.00
3,804.00
-82.00
-2.11
SOYABEAN
3,014.00
3,008.00
-6.00
-0.20
TURMERIC
4,286.00
4,254.00
-32.00
-0.75
www.capitalheight.com capitalheight.wordpress.com
info@capitalheight.com Phone- (0731)4295950
TECHNICAL VIEW CARDAMOM (APR) Trend
•Consolidate • Sell on highs
Strategy Resistance Support
• R2 - 1178 • R1 - 1164 • S1 - 1150 • S2 - 1136
GUARGUM (APR) Trend
• Consolidate • Buy on dips
Strategy
CHANA (APR) Trend Strategy
• Consolidate • Buy on dips
Resistance
• R2 - 3713 • R1 - 3643
Support
• S1 - 3573 • S2 -3503
GUARSEED (APR) Trend Strategy
• Consolidate • Buy on dips
Resistance
• R2 - 82570 • R1 - 81370
Resistance
• R2 - 25560 • R1 - 25200
Support
• S1 - 80570 • S2 - 79370
Support
• S1 - 24960 • S2 - 24600
JEERA (APR) Trend
Strategy
• Consolidate • Buy on dips
MENTHA OIL (MAR) Trend
Strategy
• Consolidate • Sell on highs
Resistance
• R2 - 12410 • R1 - 12110
Resistance
• R2 - 2232 • R1 - 2206
Support
• S1 - 11810 • S2 - 11510
Support
• S1 - 2180 • S2 - 2154
PEPPER (APR) Trend Strategy
• Consolidate • Sell on highs
RM SEED (APR) Trend Strategy
• Consolidate • Buy on dips
Resistance
• R2 - 41880 • R1 - 41180
Resistance
• R2 - 3914 • R1 - 3839
Support
• S1 - 40520 • S2 - 39820
Support
• S1 - 3769 • S2 - 3694
www.capitalheight.com capitalheight.wordpress.com
info@capitalheight.com Phone- (0731)4295950
SOYABEAN (APR) Trend Strategy
• Consolidate • Buy on dips
TURMERIC (MAY) Trend Strategy
• Consolidate • Sell on highs
Resistance
• R2 - 3083 •R1 - 3033
Resistance
• R2 - 4404 • R1 - 4304
Support
• S1 - 2983 • S2 - 2933
Support
• S1 - 4204 • S2 - 4104
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. Money CapitalHeight Research Pvt Ltd. recommends that investors independently evaluate particular investments and strategies, and encourages investors to seek the advice of a financial adviser. Money CapitalHeight 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. The metal’s 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 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. we are not responsible for any loss incurred whatsoever for any financial profits or loss which may arise from the recommendations above. Money CapitalHeight Research Pvt Ltd. 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 Provided by us to/with anyone which is received directly or indirectly by them. If found so then Serious Legal Actions can be taken.
www.capitalheight.com capitalheight.wordpress.com