Daily Newsletter01/12/2010
Daily Newsletter-Agri Commodity
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Agri Commodity
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Phone- (0731)4295950
MARKET WRAP
Turmeric gains on low stock
Pepper plunges on profit selling
Jeera up on technical’s
Soybean, soy oil erase losses on global markets
Guar down on output
Chana weakens on low arrivals
Cardamom rises on export demand
Turmeric future prices are likely to rise further in the next few weeks because of lower
stock and strong domestic demand in the market. Jeera prices are expected to trade in
a range. The refined soy oil futures are projected to trade on a negative note on fresh
selling backed by bearish domestic fundamental factors. Continued rains in the major
cardamom growing areas disturbed the harvesting process. The arrivals of the spice
declined in the local markets as planters are holding on expectation of higher prices.
The mustard seed futures are expected to resume downtrend based on bearish
fundamental factors. Improvement in weather condition is leading to active sowing
across key growing areas. The refined soy oil futures are projected to trade on a
negative note on fresh selling backed by bearish domestic fundamental factors. Decline
in soy meal prices is leading to postponement of active bean procurement by the
crushers. Lack of export orders is the major bearish factor for the market.
TECHNICAL
CARDAMOM (DEC)
GUARGUM (DEC)
JEERA (DEC)
MUSTARD SEED (DEC)
• Bullish
• Buy on dips
Trend
Strategy• R2 - 1250
• R1 - 1225Resistance
• S1 - 1170
• S2 - 1150Support
• Consolidate
• Sell on highs
Trend
Strategy
• R2 - 6100
• R1 - 6000Resistance
• S1 - 5800
• S2 - 5710Support
• Bearish
• Sell on highs
Trend
Strategy
•R2 - 14620
•R1 - 14450Resistance
•S1 - 14170
•S2 - 13925Support
• Consolidate
• Sell on highs
Trend
Strategy
•R2 - 570
•R1 - 565Resistance
•S1 - 560
•S2 - 554Support
ECHNICAL VIEW
CHANA (DEC
GUARSEED (DEC
MENTHA OIL (DEC
PEPPER (DEC)
• Bullish
• Sell on highs
Trend
Strategy
• R2 - 2570
• R1 - 2557Resistance
• S1 - 2515
• S2 - 2500Support
• Consolidate
• Sell on highs
Trend
Strategy• R2 - 2460
• R1 - 2435Resistance
• S1 - 2360
• S2 - 2320Support
• Consolidate
• Sell on highs
Trend
Strategy• R2 - 1270
• R1 - 1250Resistance
• S1 - 1175
•S2 - 1200Support
• Consolidate
• Sell on highs
Trend
Strategy
•R2 - 22360
•R1 - 22125Resistance
•S1 - 21625
•S2 - 21500Support
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Phone- (0731)4295950
DEC)
DEC)
DEC)
)
Sell on highs
2570
2557
2515
2500
Consolidate
Sell on highs
2460
2435
2360
2320
Consolidate
Sell on highs
1270
1250
1175
1200
Consolidate
Sell on highs
22360
22125
21625
21500
SOYABEAN (DEC) TURMERIC (DEC)
Disclaimer
The information and views in this report, our website & all the service we provide are
accept any responsibility (or liability) for errors of fact or opinion. Users have the right to choose the product/s that sui
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 responsib
The information given herein should be treated as only factor, while making investment decision. The report does not
provide individually tailor-made investment advice. Capitalheight recommends that investors independently evaluate
particular investments and strategies, and encourages investors to seek the advice of a financial adviser. Capitalheight shall
not be responsible for any transaction conducted based on the information given in this report, which is in violation of rule
and regulations of MCX and NCDEX.
The metals 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
holding positions in the stocks 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 anyon
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
whatsoever for any financial profits or loss which may arise from the recommendations above.
purport to be an invitation or an offer to buy or sell any financial instrum
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 Lega
• Consolidate
• Sell on highs
Trend
Strategy
•R2 - 2270
•R1 - 2245Resistance
•S1 - 2205
•S2 - 2180Support
SOYABEAN (DEC) TURMERIC (DEC)
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 sui
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
made investment advice. Capitalheight recommends that investors independently evaluate
ments and strategies, and encourages investors to seek the advice of a financial adviser. Capitalheight shall
not be responsible for any transaction conducted based on the information given in this report, which is in violation of rule
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 Capitalheight
holding positions in the stocks 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 anyon
n be held responsible for . Any surfing and reading of the information is the acceptance of this disclaimer.
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. Capitalheight
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.
• Bullish
• Sell on highs
Trend
Strategy
•R2 - 16350
•R1 - 16030Resistance
•S1 - 15500
•S2 - 15250Support
www.capitalheight.com
Phone- (0731)4295950
SOYABEAN (DEC) TURMERIC (DEC)
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
Sincere efforts have been made to present the right investment perspective. The information contained herein is based on
The information given herein should be treated as only factor, while making investment decision. The report does not
made investment advice. Capitalheight recommends that investors independently evaluate
ments and strategies, and encourages investors to seek the advice of a financial adviser. Capitalheight shall
not be responsible for any transaction conducted based on the information given in this report, which is in violation of rules
price projections shown are not necessarily indicative of future price performance. The information herein,
Capitalheight might be
holding positions in the stocks 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
n be held responsible for . Any surfing and reading of the information is the acceptance of this disclaimer.
we are not responsible for any loss incurred
Capitalheight does not
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
Bullish
Sell on highs
16350
16030
15500
15250