weekly agri report

Page 1

Weekly Newsletter-Agri Commodity 12/09/2011

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 is expected to extend its uptrend due to strong demand outlook and fresh buying at lower levels amid ongoing festivals. Prices will take cues from arrivals in the benchmark market and overall demand though profit booking at higher levels could cap its gains.

JEERA Jeera futures are forecast to sideways to negative trend on fresh selling due to higher arrivals in the market from fresh crop Jeera prices will take cues from international export demand along with higher supply though expected rise in demand may lend support to prices

PEPPER Lower stocks available across the spot markets might support the prices and reports of lower pepper production in major producing regions will support the prices. Pepper futures are forecast to extend the positive trend on fresh buying at lower levels. Also, export demand from overseas market can make price rise sharply.

TURMERIC Turmeric is expected to be sideway to negative in the near term due to sluggish demand outlook and subdued demand in the market. Turmeric prices will take cues from demand from the domestic market and international market though any news of higher arrival in the market can pressurize the prices on the upside.

www.capitalheight.com capitalheight.wordpress.com


info@capitalheight.com Phone- (0731)4295950

TECHNICAL VIEW CHANA WEEKLY PIVOT SCRIPT CHANA

R4 3703

R3 3581

R2 3459

R1 3394

P 3337

S1 3272

S2 3215

S3 3093

S4 2971

OUTLOOK Trend:- Bullish Resistance:- 3400, 3520 Support:- 3240, 3080 Strategy:- Buy on dips CHANA WEEKLY

www.capitalheight.com capitalheight.wordpress.com


info@capitalheight.com Phone- (0731)4295950

JEERA WEEKLY PIVOT SCRIPT JEERA

R4 16857

R3 16382

R2 15907

R1 15643

P 15432

S1 15168

S2 14957

S3 14482

S4 14007

OUTLOOK Trend:- Consolidate Resistance:- 15900, 16300 Support:- 15000, 14600 Strategy:- Sell on high JEERA WEEKLY

www.capitalheight.com capitalheight.wordpress.com


info@capitalheight.com Phone- (0731)4295950

PEPPER WEEKLY PIVOT SCRIPT PEPPER

R4 35857

R3 35007

R2 34157

R1 33763

P 33307

S1 32913

S2 32457

S3 31607

S4 30757

OUTLOOK Trend:- Bullish Resistance:- 33600, 35400 Support:- 32300, 30700 Strategy:- Buy on dips PEPPER WEEKLY

www.capitalheight.com capitalheight.wordpress.com


info@capitalheight.com Phone- (0731)4295950

TURMERIC WEEKLY PIVOT SCRIPT TURMERIC

R4 7850

R3 7000

R2 6150

R1 5600

P 5300

S1 4750

S2 4450

S3 3600

S4 2750

OUTLOOK Trend:- Bearish Resistance:- 5300, 5600 Support:- 4750, 4500 Strategy:- Sell on high TURMERIC 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


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.