Weekly Newsletter Newsletter-Agri Agri Commodity 06/06/2011
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 In the domestic markets the prices are finding support from the increasing demand by the millers and the retailers. The shrinking arrivals are supporting the uptrend amidst of the growing demand. Chana futures are projected to gain further in the coming week. The delayed sowing concerns in Canada and Australia is affecting the market sentiments
TURMERIC Turmeric futures are expected to trade very sluggish with negative bias in coming week in absence of fresh market cues from spot market. Prices and volumes have shown a positive trend while open interest has fallen. This indicates that market is running out of traders willing to open or hold an open long/buy.
JEERA Jeera prices will depend on the demand from the overseas and domestic buyers. Prices will also take cues from the production of this spice in Syria and Turkey the other major producers. Lean season for arrivals has been started which might add positivity in the market.
PEPPER Pepper prices are likely to trade down due to lackluster trades at the domestic mandis. In the short term prices might be pressurized owing to fresh arrivals of pepper from Indonesia. Prices might take corrections on profit selling at higher levels. Global supply situation has been tightening which might support the prices. According to trade sources, Vietnam exported 50% of their stock so far. www.capitalheight.com capitalheight.wordpress.com
info@capitalheight.com Phone- (0731)4295950
TECHNICAL VIEW CHANA WEEKLY PIVOT SCRIPT CHANA
R4 2813
R3 2717
R2 2621
R1 2577
P 2525
S1 2481
S2 2429
S3 2333
S4 2237
OUTLOOK Trend:- Bullish Resistance:- 2580 80, 2650 Support:- 2470, 2420 Strategy:- Buy on dips CHANA WEEKLY
www.capitalheight.com capitalheight.wordpress.com capi
info@capitalheight.com Phone- (0731)4295950
TURMERIC WEEKLY PIVOT SCRIPT TURMERIC
R4 8555
R3 8191
R2 7827
R1 7615
P 7463
S1 7251
S2 7099
S3 6735
S4 6371
OUTLOOK Trend:- Bearish 7830, 8550 Resistance:- 7830 Support:- 7170, 6600 Strategy:- Sell on h highs TURMERIC WEEKLY
www.capitalheight.com capitalheight.wordpress.com capi
info@capitalheight.com Phone- (0731)4295950
JEERA WEEKLY PIVOT SCRIPT JEERA
R4 15743
R3 15205
R2 14667
R1 14418
P 14129
S1 13880
S2 13591
S3 13053
S4 12515
OUTLOOK Trend:- Consolidate Resistance:- 14800 4800, 15500 Support:- 13750,, 13150 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 32177
R3 31142
R2 30107
R1 29640
P 29072
S1 28605
S2 28037
S3 27002
S4 25967
OUTLOOK Trend:- Consolidate Resistance:- 30000 0000, 30700 Support:- 27800,, 26300 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