Weekly Newsletter-Agri Commodity 28/11/2011
www.capitalheight.com
info@capitalheight.com Phone- (0731)4295950
Weekly News Letter-Agri Contents Market Wrap Chana Jeera Pepper Turmeric Technical Analysis Chana Turmeric Jeera Pepper
www.capitalheight.com capitalheight.wordpress.com
info@capitalheight.com Phone- (0731)4295950
MARKET WRAP CHANA Chana ended down for second consecutive week due to profit booking at higher levels and higher sowing in major producing regions like Maharashtra. Chana prices will take cues from its sowing progress in major producing regions as well as its demand in the domestic market in the near term.
GUARSEED Guarseed ended up for 3rd week making a fresh all time high of 5109 due to firm demand outlook in the near term and limited stocks availability. Guarseed prices may extend uptrend in coming weeks on the back of strong export demand and lower stocks availability amid winter season though any news of higher arrival may trigger some profit booking at higher levels.
JEERA Jeera ended a bit up this week after last week of rebound due to fresh selling amid sluggish domestic and international demand in near term. Jeera prices will take cues from its sowing progress in major producing regions and any news of higher sowing may further pressurize prices as spices overall demand is negative in near term.
PEPPER Pepper ended marginally up this week due to profit booking at higher levels after three weeks of uptrend due to higher arrivals in market & lower off takes. Pepper prices will take cues from its demand outlook in the domestic and international market and higher arrivals in coming weeks may pressurize prices though its competitive prices in the international market against Vietnam and Indonesia may support prices at lower levels.
www.capitalheight.com capitalheight.wordpress.com
info@capitalheight.com Phone- (0731)4295950
TECHNICAL VIEW CHANA WEEKLY PIVOT SCRIPT CHANA
R4 4399
R3 4054
R2 3709
R1 3494
P 3364
S1 3149
S2 3019
S3 2674
S4 2329
OUTLOOK Trend: - Consolidate Resistance: - 3380, 3500 Support: - 3150, 2900 Strategy: - Sell on high CHANA WEEKLY
www.capitalheight.com capitalheight.wordpress.com
info@capitalheight.com Phone- (0731)4295950
GUARSEED WEEKLY PIVOT SCRIPT GUARSEED
R4 6907
R3 6223
R2 5539
R1 5284
P 4855
S1 4600
S2 4171
S3 3487
S4 2803
OUTLOOK Trend: - Bullish Resistance: - 5280, 5450 Support: - 4830, 4600 Strategy: - Buy on dips GUARSEED WEEKLY
www.capitalheight.com capitalheight.wordpress.com
info@capitalheight.com Phone- (0731)4295950
JEERA WEEKLY PIVOT SCRIPT JEERA
R4 15928
R3 15217
R2 14506
R1 14103
P 13795
S1 1392
S2 13084
S3 12373
S4 11662
OUTLOOK Trend: - Consolidate Resistance: - 14100, 14500 Support: - 13400, 13000 Strategy: - Sell on high JEERA WEEKLY
www.capitalheight.com capitalheight.wordpress.com
info@capitalheight.com Phone- (0731)4295950
PEPPER WEEKLY PIVOT SCRIPT PEPPER
R4 38482
R3 37257
R2 36032
R1 35468
P 34807
S1 34243
S2 33582
S3 32357
S4 31132
OUTLOOK Trend: - Consolidate Resistance: - 35600, 36900 Support: - 33500, 32400 Strategy: - Buy on dips PEPPER WEEKLY
www.capitalheight.com capitalheight.wordpress.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. 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 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 Money CapitalHeight Research Pvt. Ltd. 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. 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