Daily Newsletter Newsletter-Agri Agri Commodity 25/08/2011
www.capitalheight.com
info@capitalheight.com Phone- (0731)4295950
MARKET WRAP Turmeric extends downtrend RM seed extends uptrend on strong demand Soy oil up on positive global cues Chana ends up on fresh buying Jeera ends down due to supply concerns Guar seed ends down on profit booking Pepper surges on fresh buying
RM Seed is expected to trade sideways to positive in intraday market due to strong fundamentals and higher demand outlook. Also, weak sowing and lower arrival could support the prices in the near term. Cardamom prices are expected to trade sideways to negative due to subdued demand in the physical market and higher arrival. Chana is expected to trade sideways to positive due to lower arrivals in the market and fresh buying at lower levels. Also, better demand outlook ahead of festivals will support the prices in the near term. Soy oil edged down due to weak global cues and demand outlook and is expected to trade sideways to negative in intraday. Jeera ended down on supply concerns and is expected to trade sideways to negative; also, downfall in export demand can pressurize the prices in the near term. Pepper prices in intraday is expected to trade sideways to up due to lower arrival in the market while supply crunch and fresh buying will support the prices in near term. Though, profit booking at higher level could cap its gains. www.capitalheight.com capitalheight.wordpress.com
info@capitalheight.com Phone- (0731)4295950
TECHNICAL VIEW CARDAMOM (SEP) Trend Strategy Resistance
• Consolidate • Sell on high • R2 - 805 • R1 - 780 • S1 - 750 • S2 - 730
Support
GUARGUM (SEP) Trend
• Consolidate • Buy on dips
Strategy
CHANA (SEP)) Trend Strategy
• Bullish • Buy on dips
Resistance
• R2 - 3300 • R1 - 3240
Support
• S1 - 3170 • S2 -3140 3140
GUARSEED (SEP SEP) Trend Strategy
• Consolidate • Buy on dips
Resistance
• R2 - 14750 • R1 - 14250
Resistance
• R2 - 4560 • R1 - 4500
Support
• S1 - 13350 • S2 - 12900
Support
• S1 - 4400 • S2 - 4340
JEERA (SEP) Trend Strategy
• Consolidate • Buy on dips
MENTHA OIL (SEP SEP) Trend Strategy
• Consolidate • Sell on high
Resistance
• R2 - 16500 • R1 - 16150
Resistance
• R2 - 1160 • R1 - 1140
Support
• S1 - 15400 • S2 - 15000
Support
• S1 - 1110 • S2 - 1090
PEPPER (SEP) Trend Strategy
• Bullish • Buy on dips
MUSTARD SEED (SEP SEP) Trend Strategy
• Consolidate • Buy on dips
Resistance
• R2 - 34200 • R1 - 33600
Resistance
• R2 - 3040 • R1 - 3000
Support
• S1 - 32600 • S2 - 31500
Support
• S1 - 2950 • S2 - 2920
www.capitalheight.com capitalheight.wordpress.com
info@capitalheight.com Phone- (0731)4295950
SOYABEAN (SEP)) Trend Strategy
• Consolidate • Sell on high
TURMERIC (SEP SEP) Trend Strategy
• Bearish • Sell on high
Resistance
• R2 - 2450 • R1 - 2430
Resistance
• R2 - 6050 • R1 - 5940
Support
• S1 - 2400 • S2 - 2370
Support
• S1 - 5750 • S2 - 5600
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 investm investment ent 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 on only ly factor, while making investment decision. 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 encourage encouragess investors to seek the advice of a financial adviser. Money CapitalHeight eight 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 ers 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