Daily Newsletter-Agri Commodity 23/12/2011
www.capitalheight.com
info@capitalheight.com Phone- (0731)4295950
MARKET WRAP Spices trades up on supply concerns Jeera and Pepper up on fresh buying Guar gum and seed witness profit booking
Spices traded up today with Jeera and Pepper leading; gaining 1.61% and 2.52% or 233 pts and 895 pts respectively. Turmeric ended up with marginal gains of 22 pts due to profit booking at higher levels. Chana ended down due to profit booking amid better sowing acreage and weather conditions. Mentha oil ended flat due to lack of cues.
COMMODITY
P. CLOSE
LAST CLOSE
NET CHANGE
% CHANGE
CARDAMOM
591.00
588.20
-2.80
-0.47
CHANA
3,307.00
3,258.00
-49.00
-1.48
GUARGUM
22,023.00
22,684.00
661.00
3.00
GUARSEED
6,765.00
6,904.00
139.00
2.05
JEERA
14,437.00
14,670.00
233.00
1.61
MENTHA OIL
1,305.50
1,305.60
0.10
0.01
PEPPER
35,545.00
36,440.00
895.00
2.52
MUSTARD SEED
3,442.00
3,421.00
-21.00
-0.61
SOYABEAN
2,414.00
2,395.00
-19.00
-0.79
TURMERIC
4,626.00
4,648.00
22.00
0.48
www.capitalheight.com capitalheight.wordpress.com
info@capitalheight.com Phone- (0731)4295950
TECHNICAL VIEW CARDAMOM (JAN) Trend Strategy Resistance
• Consolidate • Sell on high • R2 - 610 • R1 - 596 • S1 - 582 • S2 - 568
Support
GUARGUM (JAN) Trend
• Bullish • Buy on dips
Strategy
CHANA (JAN) Trend
Strategy
• Consolidate • Sell on high
Resistance
• R2 - 3348 • R1 - 3288
Support
• S1 - 3230 • S2 - 3170
GUARSEED (JAN) Trend Strategy
• Bullish • Buy on dips
Resistance
• R2 - 23280 • R1 - 22900
Resistance
• R2 - 7080 • R1 - 6964
Support
• S1 - 22500 • S2 - 22120
Support
• S1 - 6850 • S2 - 6720
JEERA (JAN) Trend Strategy
• Consolidate • Sell on high
MENTHA OIL (JAN) Trend
Strategy
• Consolidate • Sell on high
Resistance
• R2 - 15100 • R1 - 14800
Resistance
• R2 - 1345 • R1 - 1319
Support
• S1 - 14500 • S2 - 14250
Support
• S1 - 1293 • S2 - 1267
PEPPER (JAN) Trend Strategy
• Consolidate • Buy on dips
MUSTARD SEED (JAN) Trend Strategy
• Consolidate • Buy on dips
Resistance
• R2 - 37600 • R1 - 36800
Resistance
• R2 - 3510 • R1 - 3450
Support
• S1 - 36000 • S2 - 35300
Support
• S1 - 3390 • S2 - 3340
www.capitalheight.com capitalheight.wordpress.com
info@capitalheight.com Phone- (0731)4295950
SOYABEAN (JAN) Trend Strategy
• Consolidate • Buy on dips
TURMERIC (APR) Trend Strategy
• Consolidate • Sell on high
Resistance
• R2 - 2455 • R1 - 2410
Resistance
• R2 - 4800 • R1 - 4700
Support
• S1 - 2375 • S2 - 2335
Support
• S1 - 4598 • S2 - 4490
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