Daily Commodity Agri News Letter by CapitalHeight 27-12-2010
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Transcript of Daily Commodity Agri News Letter by CapitalHeight 27-12-2010
Daily Newsletter27/12/2010
Daily Newsletter-Agri Commodity
www.capitalheight.com
Commodity
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www.capitalheight.com
Phone- (0731)4295950
MARKET WRAP
Turmeric up on little stocks available
Pepper zooms on short covering
Jeera up on lower sowing
Guar falls on poor demand
Chana falls on output view
Soy bean, Soy oil rise for 4th day on demand
Mentha gains on high domestic demand
Prospects of improved export and domestic demand for Turmeric in coming weeks &
reports of delayed arrivals of the new crop could support the falling rates. Short term
trend would remain volatile as traders wait for corrections for buying opportunities.
Traders are waiting for some more dips in Jeera before initiating fresh demand. Exports
are expected to remain weak and that could keep pressure on the prices in the short
term. Reports of lower stocks of Pepper could support the price and traders are
anticipating both exports and domestic demand to rise in coming weeks. Mustard seed
production may increase this year but a lot will depend upon the near term weather. At
international levels, stocks are also expected to decline in major Canola producing
countries. Supply situation is expected to remain very tight in these countries which may
fuel the market sentiments. With arrivals of Guar remaining moderate, traders expect a
rising demand in coming weeks could support the prices. Expected fall in production is
likely to keep sentiments up for Mentha in the medium term.
TECHNICAL
CARDAMOM (JAN)
GUARGUM (JAN)
JEERA (JAN)
MUSTARD SEED (JAN)
• Bullish
• Buy on dips
Trend
Strategy• R2 - 1575
• R1 - 1555Resistance
• S1 - 1500
• S2 - 1480Support
• Consolidate
• Sell on highs
Trend
Strategy
• R2 - 6450
• R1 - 6360Resistance
• S1 - 6140
• S2 - 6000Support
• Consolidate
• Buy on dips
Trend
Strategy
•R2 - 14450
•R1 - 14300Resistance
•S1 - 13880
•S2 - 13760Support
• Consolidate
• Buy on dips
Trend
Strategy
•R2 - 579
•R1 - 574Resistance
•S1 - 564
•S2 - 560Support
ECHNICAL VIEW
CHANA (JAN
GUARSEED (JAN
MENTHA OIL (DEC
PEPPER (JAN)
•Consolidate
• Sell on highs
Trend
Strategy
• R2 - 2565
• R1 - 2540Resistance
• S1 - 2510
• S2 - 2480Support
• Consolidate
• Sell on highs
Trend
Strategy• R2 - 2485
• R1 - 2455Resistance
• S1 - 2375
• S2 - 2350Support
• Consolidate
• Buy on dips
Trend
Strategy• R2 - 1150
• R1 - 1135Resistance
• S1 - 1100
•S2 - 1070Support
• Consolidate
• Buy on dips
Trend
Strategy
•R2 - 22550
•R1 - 22260Resistance
•S1 - 21850
•S2 - 21600Support
www.capitalheight.com
Phone- (0731)4295950
)
JAN)
DEC)
)
Consolidate
Sell on highs
2565
2540
2510
2480
Consolidate
Sell on highs
2485
2455
2375
2350
Consolidate
Buy on dips
1150
1135
1100
1070
Consolidate
Buy on dips
22550
22260
21850
21600
SOYABEAN (JAN)
Disclaimer
The information and views in this report, our website & all the service we provide are believed to
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 anyo
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 comple
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 i
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 Seriou
• Bullish
• Sell on highs
Trend
Strategy
•R2 - 2350
•R1 - 2325Resistance
•S1 - 2300
•S2 - 2280Support
) TURMERIC (APR
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
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
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 anyo
can 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.
• Consolidate
• Sell on highs
Trend
Strategy
•R2 - 11000
•R1 - 10850Resistance
•S1 - 10250
•S2 - 10000Support
www.capitalheight.com
Phone- (0731)4295950
TURMERIC (APR)
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
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 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
can 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
Consolidate
Sell on highs
11000
10850
10250
10000