Daily Newsletter14/03/2011
Daily Newsletter-Agri Commodity
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Agri Commodity
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MARKET WRAP
Spices fell on rising supply & weak exports
Turmeric rises on short covering
Jeera drops on mounting supplies, weak exports
Pepper futures drop on poor exports
Soy bean, soy oil drops on global cues
Chana drops on arrivals
Guar futures fall on profit taking
The turmeric arrivals expected to rise in coming weeks could pressurize prices to some
extent but traders believe export demand would determine the trend for the commodity.
Low stock levels could support the rates further. Thus some firmness could be noted for
the commodity amidst high volatility depending on the reports on the production and
export front. Demand from US and European countries for Jeera is likely to shift more
towards India in coming weeks due to low stocks in the International markets. Export
demand from South-East Asian countries have been there. The trend would depend on
the crop arrivals of Pepper in Vietnam and its effect on the Indian exports. Oilseeds
complex are expected to trade lower due to higher production estimates of soybean in
Brazil and China due to favorable weather condition for crop. Higher production
estimates of domestic RM Seed this year as compared to last year may pressurize the
prices. Guar futures in the medium term would be dependent on the overseas demand
scenario.
TECHNICAL
CARDAMOM (MAR)
GUARGUM (MAR)
JEERA (MAR)
PEPPER (MAR)
• Bearish
• Sell on highs
Trend
Strategy• R2 - 1080
• R1 - 1055Resistance
• S1 - 1015
• S2 - 1000 Support
• Condolidate
• Sell on highs
Trend
Strategy
• R2 - 7750
• R1 - 7580Resistance
• S1 - 7400
• S2 - 7260Support
• Consolidate
• Sell on highs
Trend
Strategy
• R2 - 16640
• R1 - 16320Resistance
• S1 - 15680
• S2 - 15360Support
• Consolidate
• Sell on highs
Trend
Strategy
• R2 - 23200
• R1 - 22800Resistance
• S1 - 21850
• S2 - 21400 Support
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ECHNICAL VIEW
CHANA (MAR
GUARSEED (MAR
MENTHA OIL (MAR
REFINED SOY OIL (MAR
1000
• Consolidate
• Sell on highs
Trend
Strategy
• R2 - 2500
• R1 - 2480Resistance
• S1 - 2400
• S2 - 2370Support
• Consolidate
• Sell on highs
Trend
Strategy• R2 - 2735
• R1 - 2700Resistance
• S1 - 2625
• S2 - 2580Support
• Consolidate
• Buy on dips
Trend
Strategy• R2 - 1200
• R1 - 1180Resistance
• S1 - 1135
• S2 - 1115Support
• Consolidate
• Sell on highs
Trend
Strategy
• R2 - 625
• R1 - 615Resistance
• S1 - 595
• S2 - 585Support
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MAR)
MAR)
MAR)
MAR)
Consolidate
Sell on highs
2500
2480
2400
2370
Consolidate
Sell on highs
2735
2700
2625
2580
Consolidate
Buy on dips
1200
1180
1135
1115
Consolidate
Sell on highs
625
615
595
585
SOYABEAN (MAR)
Disclaimer
The information and views in this report, our website & all the service
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 investm
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
provide individually tailor-made investment advice. Capitalheight recommends that investors independently evaluate
particular investments and strategies, and encourages investors to seek th
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
together with all estimates and forecasts, can change without notice. Analyst or any person related to
holding positions in the stocks recommended. It is un
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
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.
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 instrument.
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 - 2390
• R1 - 2360 Resistance
• S1 - 2300
• S2 - 2270Support
capitalheight.wordpress.com
) 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
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
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
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
atsoever 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
one 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.
2360
• Consolidate
• Sell on highs
Trend
Strategy
• R2 - 10800
• R1 - 10600Resistance
• S1 - 10280
• S2 - 10100Support
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Phone- (0731)4295950
TURMERIC (APR)
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
ent perspective. The information contained herein is based on
only factor, while making investment decision. The report does not
made investment advice. Capitalheight recommends that investors independently evaluate
e 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
necessarily indicative of future price performance. The information herein,
Capitalheight might be
derstood 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
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
one else have no rights to forward or share our calls or SMS or Report or Any Information Provided by us to/with anyone
2360
Consolidate
Sell on highs
10800
10600
10280
10100
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