Weekly Commodity Agri News Letter by CapitalHeight 13-12-2010

Page 1

Weekly Newsletter Newsletter-Agri Commodity 13/12/2010

www.capitalheight.com


info@capitalheight.com Phone- (0731)4295950

Weekly News Letter-Agri Contents Market Wrap Chana Turmeric Jeera Pepper Technical Analysis Chana Turmeric Jeera Pepper

www.capitalheight.com


info@capitalheight.com Phone- (0731)4295950

MARKET WRAP CHANA Delay in sowing due to unseasonal rains & re-sowing in some growing areas may support Chana prices to remain firm in the coming weeks. In the short term, price gains may be capped due to rising arrivals of Kharif pulses. Bumper crop projection on higher acreage and favorable weather condition will add bearish sentiment to the market.

TURMERIC Short term trend would remain volatile as traders wait for corrections for buying opportunities. Additional margin of 5% imposed by the exchange on long side has hampered the buying interest in the counter.

JEERA Worldwide limited supply is expected to revive the export demand for jeera. India is quoting competitive rate in the international market. There is better sowing activity at the major growing areas thereby better output is keeping the prices weak.

PEPPER Traders are reportedly waiting for some more dips in the short term but with demand expected to rise at lower levels that could support the rates. Activities in the global markets is expected to be limited in the coming days since most of the exporters and growers take a break during Christmas and New Year period.

www.capitalheight.com


info@capitalheight.com Phone- (0731)4295950

TECHNICAL VIEW CHANA WEEKLY PIVOT SCRIPT CHANA

R4 2819

R3 2708

R2 2597

R1 2529

P 2486

S1 2418

S2 2375

S3 2264

S4 2153

OUTLOOK Trend:- Consolidate Resistance:- 2510 10, 2570 Support:- 2430, 22370 Strategy:- Sell on highs CHANA WEEKLY

www.capitalheight.com


info@capitalheight.com Phone- (0731)4295950

TURMERIC WEEKLY PIVOT SCRIPT TURMERIC

R4 17356

R3 16514

R2 15672

R1 15136

P 14830

S1 14294

S2 13988

S3 13146

S4 12304

OUTLOOK Trend:- Consolidate Resistance:- 15300 300, 16050 Support:- 14700,, 13050 Strategy:- Sell on highs TURMERIC WEEKLY

www.capitalheight.com


info@capitalheight.com Phone- (0731)4295950

JEERA WEEKLY PIVOT SCRIPT JEERA

R4 17273

R3 16161

R2 15049

R1 14347

P 13937

S1 13235

S2 12825

S3 11713

S4 10601

OUTLOOK Trend:- Bearish Resistance:- 14150 50, 14800 Support:- 13225,, 12700 Strategy:- Sell on highs JEERA WEEKLY

www.capitalheight.com


info@capitalheight.com Phone- (0731)4295950

PEPPER WEEKLY PIVOT SCRIPT PEPPER

R4 26520

R3 24995

R2 23470

R1 22528

P 21945

S1 21003

S2 20420

S3 18895

S4 17370

OUTLOOK Trend:- Consolidate Resistance:- 22300 2300, 23000 Support:- 20800,, 19700 Strategy:- Sell on highs PEPPER WEEKLY

www.capitalheight.com


info@capitalheight.com Phone- (0731)4295950

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. Capital height recommends that investors independently evaluate particular investments and strategies, and encourages investors to seek the advice of a financial adviser. Capital height 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 NCDEX. The commodity 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 Capital Height might be holding positions in the commodity 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. Capital Height 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


Turn static files into dynamic content formats.

Create a flipbook
Issuu converts static files into: digital portfolios, online yearbooks, online catalogs, digital photo albums and more. Sign up and create your flipbook.