Weekly Newsletter Newsletter-Agri Agri Commodity 02/05/2011
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 capitalheight.wordpress.com
info@capitalheight.com Phone- (0731)4295950
MARKET WRAP CHANA Arrivals of Chana are expected to be in full momentum during this month which would create good buying level at the physical markets Trend reversal is expected in the Chana futures as the buying activities are expected to prevail across the spot markets.
TURMERIC Reduced demand from stockiest side is expected to pressurize the prices. However, stable arrivals at spot might limit the sharp losses. Overall trend is bearish in near term as peak arrival season will prolong this year amid increased production.
JEERA Jeera futures are expected to extend the bearish trend in coming week on strong selling pressure & rising arrivals at spot market. A small recovery in prices on short covering on lower levels can be seen initially in the week. Arrivals at spot market are likely to remain higher. Fundamentals of increasing arrivals amid subdued export demand are likely to weigh on prices.
PEPPER Pepper is expected to trade on bullish note on strong buying interest. Limited supply amid good demand is likely to support the prices. Futures are expected to witness corrections on profit selling as prices are trading at all time high levels. Overall fundamentals of tight supply situation amid reduced production this year might support the prices at spot market. Buyers from gulf countries are expected to push the prices in near term. Indonesia and Brazil are not having much stock to offer which will also shift demand towards India. www.capitalheight.com capitalheight.wordpress.com
info@capitalheight.com Phone- (0731)4295950
TECHNICAL VIEW CHANA WEEKLY PIVOT SCRIPT CHANA
R4 2459
R3 2410
R2 2361
R1 2338
P 2312
S1 2289
S2 2263
S3 2214
S4 2165
OUTLOOK Trend:- Consolidate Resistance:- 2385 385, 2435 Support:- 2280, 22215 Strategy:- Sell on highs CHANA WEEKLY
www.capitalheight.com capitalheight.wordpress.com capi
info@capitalheight.com Phone- (0731)4295950
TURMERIC WEEKLY PIVOT SCRIPT TURMERIC
R4 10258
R3 9814
R2 9370
R1 9110
P 8926
S1 8666
S2 8482
S3 8038
S4 7594
OUTLOOK Trend:- Bearish 00, 9700 Resistance:- 9200 Support:- 8330, 77830 Strategy:- Sell on Highs TURMERIC WEEKLY
www.capitalheight.com capitalheight.wordpress.com capi
info@capitalheight.com Phone- (0731)4295950
JEERA WEEKLY PIVOT SCRIPT JEERA
R4 17005
R3 16343
R2 15681
R1 15418
P 15019
S1 14756
S2 14357
S3 13695
S4 13033
OUTLOOK Trend:- Consolidate Resistance:- 15550 550, 16400 Support:- 14400,, 13750 Strategy:- Sell on Highs JEERA WEEKLY
www.capitalheight.com capitalheight.wordpress.com capi
info@capitalheight.com Phone- (0731)4295950
PEPPER WEEKLY PIVOT SCRIPT PEPPER
R4 34107
R3 32286
R2 30465
R1 29767
P 28644
S1 27946
S2 26823
S3 25002
S4 23181
OUTLOOK Trend:- Bullish Resistance:- 29800 9800, 30500 Support:- 27950,, 26820 Strategy:- Buy on dips PEPPER WEEKLY
www.capitalheight.com capitalheight.wordpress.com capi
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 capitalheight.wordpress.com