Daily Newsletter Newsletter-Agri Agri Commodity 14/07/2011
www.capitalheight.com
info@capitalheight.com Phone- (0731)4295950
MARKET WRAP Chana down on profit booking Jeera snaps falling streak Pepper falls on profit booking Oilseeds, soy oil rise on overseas cues & demand Guar retreats from high Turmeric down Mentha oil falls on profit booking
The upside in guar complex may remain supported mainly by two reasons i.e. apprehension of fall in acreage -farmers diverting towards cotton & greater usage inquiries from oil drilling sector. Chana futures at multi-weeks’ high may now take a pause. Profit booking may take a toll on the nuts. There is some scope for upside movement on the back of a strong demand from pharmaceutical companies, besides export demand. Turmeric futures may remain sideways following reports of slowdown in sowing due to poor rains in producing regions. Good export & domestic demand, lower stocks and a fall in production of Pepper are likely to support the market sentiments in the near term. Better Indian quality and availability of stocks could shift the Gulf demand ahead of Ramzan towards India in the coming weeks. Oilseed complex are expected to trade slightly lower because of favorable weather conditions (rains in central India), which would be beneficial for kharif oilseeds crop. CPO futures are likely to dip on Malaysian prices. www.capitalheight.com capitalheight.wordpress.com
info@capitalheight.com Phone- (0731)4295950
TECHNICAL VIEW CARDAMOM (AUG) Trend Strategy Resistance
• Consolidate • Sell on high • R2 - 870 • R1 - 855 • S1 - 825 • S2 - 810
Support
GUARGUM (JULY) Trend
• Bullish • Buy on dips
Strategy
CHANA (JULY JULY) Trend Strategy
• Bullish • Buy on dips
Resistance
• R2 - 2930 • R1 - 2900
Support
• S1 - 2850 • S2 - 2820
GUARSEED (JULY JULY) Trend Strategy
• Bullish • Buy on dips
Resistance
• R2 - 12700 • R1 - 12500
Resistance
• R2 - 3960 • R1 - 3930
Support
• S1 - 12000 • S2 - 11900
Support
• S1 - 3860 • S2 - 3830
JEERA (JULY) Trend Strategy
• Consolidate • Sell on high
MENTHA OIL (JULY JULY) Trend Strategy
• Bullish • Buy on dips
Resistance
• R2 - 14800 • R1 - 14600
Resistance
• R2 - 1130 • R1 - 1110
Support
• S1 - 13950 • S2 - 13800
Support
• S1 - 1070 • S2 - 1050
PEPPER (JULY) Trend Strategy
• Consolidate • Sell on high
MUSTARD SEED (JULY JULY) Trend Strategy
• Consolidate • Sell on high
Resistance
• R2 - 27500 • R1 - 27200
Resistance
• R2 - 2900 • R1 - 2880
Support
• S1 - 26500 • S2 - 26200
Support
• S1 - 2840 • S2 - 2820
www.capitalheight.com capitalheight.wordpress.com
info@capitalheight.com Phone- (0731)4295950
SOYABEAN (JULY)) Trend Strategy
• Consolidate • Sell on high
TURMERIC (JULY JULY) Trend Strategy
• Consolidate • Buy on dips
Resistance
• R2 - 2350 • R1 - 2320
Resistance
• R2 - 8150 • R1 - 8000
Support
• S1 - 2280 • S2 - 2250
Support
• S1 - 7720 • S2 - 7530
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 sui them the most. Sincere efforts have been made to present the right investment perspective. The information contained contain 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 decis decision. ion. The report does not provide individually tailor-made 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 fina adviser. Money Capitalheight Research Pvt Ltd. Ltd.shall 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 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 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 sel selll 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 fou found nd so then Serious Legal Actions can be taken.
www.capitalheight.com capitalheight.wordpress.com