Weekly Newsletter-Agri Commodity 30/01/2012
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 due to higher arrivals and subdued demand in domestic and international market posting its second week of losses shredding 4.4% Chana prices will take cues from its domestic and international production reports and export demand coupled with arrivals in the domestic mandis
GUARSEED Guar seed ended down after three weeks of uptrend due to profit booking at higher levels and additional 10% margin on all long positions. Guar seed trend is overdue for a correction and it is in a cautious territory and there is speculation in prices due to its estimated production. Though higher production may trigger further profit booking.
JEERA The Jeera prices in the intraday are likely to trade sideways to up owing to improvement in demand from the domestic and overseas buyers. Jeera prices will take cues from its sowing progress in Rajasthan and Gujarat and any news of lower estimated production may support prices to continue uptrend.
PEPPER Pepper ended down due to higher arrivals and subdued demand in domestic and international market posting its second week of losses shredding 3.5% In the short term domestic prices will depend on the arrivals in the mandis & also price quotes offered in the international market of the major origins particularly Vietnam and Indonesia.
www.capitalheight.com capitalheight.wordpress.com
info@capitalheight.com Phone- (0731)4295950
TECHNICAL VIEW CHANA WEEKLY PIVOT SCRIPT CHANA
R4 3662
R3 3489
R2 3316
R1 3204
P 3143
S1 3031
S2 2970
S3 2797
S4 2624
OUTLOOK Trend: - Consolidate Resistance: - 3200, 3320 Support: - 3010, 2910 Strategy: - Sell on high CHANA WEEKLY
www.capitalheight.com capitalheight.wordpress.com
info@capitalheight.com Phone- (0731)4295950
GUARSEED WEEKLY PIVOT SCRIPT GUARSEED
R4 16853
R3 15188
R2 13523
R1 12681
P 11858
S1 11016
S2 10193
S3 8528
S4 6863
OUTLOOK Trend: - Bullish Resistance: - 12700, 14000 Support: - 11000, 9600 Strategy: - Buy on dips GUARSEED WEEKLY
www.capitalheight.com capitalheight.wordpress.com
info@capitalheight.com Phone- (0731)4295950
JEERA WEEKLY PIVOT SCRIPT JEERA
R4 20241
R3 18609
R2 16977
R1 15929
P 15345
S1 14297
S2 13713
S3 12081
S4 10449
OUTLOOK Trend: - Consolidate Resistance: - 16000, 17000 Support: - 14200, 13500 Strategy: - Sell on high JEERA WEEKLY
www.capitalheight.com capitalheight.wordpress.com
info@capitalheight.com Phone- (0731)4295950
PEPPER WEEKLY PIVOT SCRIPT PEPPER
R4 36688
R3 35043
R2 33398
R1 32302
P 31753
S1 30657
S2 30108
S3 28463
S4 26818
OUTLOOK Trend: - Consolidate Resistance: - 32900, 34300 Support: - 29850, 28300 Strategy: - Sell on high 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