Weekly Newsletter Newsletter-Agri Commodity 04/10/2010
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 Projection of rise in acreage under chana cultivation also resulted into selling pressure. Ease in prices of other pulses due to fresh arrivals is having a cooling effect on chana market also.
TURMERIC Demand from domestic buyers is strong due to the ongoing festival season while arrivals in the market are lower. Good domestic demand amid stable arrivals at spot market also added to the upside movement.
JEERA Jeera exports may touch 40,000 tonnes because the prices are competitive and Indian competitors have not been able to have good crop. Hopes of overseas demand, as Syria is quoting at a premium, may prompt bargain-buying.
PEPPER The global supply of black pepper and black pepper is projected to be 329,700 tonnes while consumption is projected at 320,000 tonnes. Pepper is expected to fall on account of heaving selling pressure in the spot market and low demand in domestic as well as international markets.
www.capitalheight.com
info@capitalheight.com Phone- (0731)4295950
TECHNICAL VIEW CHANA WEEKLY PIVOT SCRIPT CHANA
R4 2499
R3 2424
R2 2349
R1 2317
P 2274
S1 2242
S2 2199
S3 2124
S4 2049
OUTLOOK Trend: - Consolidate Resistance: - 2300, 2380 Support: - 2200, 2135 Strategy: - Buy on dips CHANA WEEKLY
www.capitalheight.com
info@capitalheight.com Phone- (0731)4295950
TURMERIC WEEKLY PIVOT SCRIPT TURMERIC
R4 16451
R3 15547
R2 14643
R1 14311
P 13739
S1 13407
S2 12835
S3 11931
S4 11027
OUTLOOK Trend: - Consolidate Resistance:- 13415, 14000 Support:- 12380, 11600 Strategy: - Buy on dips TURMERIC WEEKLY
www.capitalheight.com
info@capitalheight.com Phone- (0731)4295950
JEERA WEEKLY PIVOT SCRIPT JEERA
R4 15340
R3 14752
R2 14164
R1 13839
P 13576
S1 13251
S2 12988
S3 12400
S4 11812
OUTLOOK Trend:- Consolidate Resistance:- 14100, 14500 Support: - 13310, 12700 Strategy:- Buy on dips JEERA WEEKLY
www.capitalheight.com
info@capitalheight.com Phone- (0731)4295950
PEPPER WEEKLY PIVOT SCRIPT PEPPER
R4 21855
R3 20905
R2 19955
R1 1961
P 19005
S1 18411
S2 18055
S3 17105
S4 16155
OUTLOOK Trend:- Consolidate Resistance:- 20260, 21370 Support: - 18650, 17625 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