daily agricommodity report
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Daily Newsletter12/08/2011
Daily Newsletter-Agri Commodity
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Agri Commodity
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MARKET WRAP
Chana ends down on profit booking
Soy oil edges higher on arrival pressures
Pepper edges lower on demand concern
Jeera extends downtrend on higher arrivals
Turmeric ends up marginally
Guar Gum ends down on profit booking
Mentha oil turns red due to demand concern
Chana in intraday is expected to trade sideways to negative due to profit booking and
higher production y/y estimates though festive demand could support prices at lower
level. Soy oil edged higher while it is expected to trade sideways to positive due to
higher arrival pressures and export data though its upside can capped by profit booking.
Pepper edged lower owing to profit booking at higher levels on the back of concerns of
its demand in the short term. The prices will trade sideways to negative.
Jeera prices are expected to trade sideways to negative owing to sluggish demand in
the physical markets driven by higher arrivals from the producing regions.
Export demand from the overseas market is not up to the level, it will also decide trend
of the Jeera prices. Turmeric ended marginally up on the back of short covering at lower
level. Turmeric prices are expected to trade sideways to down while demand ahead of
festive season could support the prices. Guar gum ended down due to profit booking
while it is expected to trade sideways to up due to higher acreage and fresh buying.
TECHNICAL
CARDAMOM (AUG)
GUARGUM (AUG)
JEERA (AUG)
PEPPER (AUG)
• Bearish
• Sell on high
Trend
Strategy• R2 - 780
• R1 - 760Resistance
• S1 - 735
• S2 - 720 Support
• Consolidate
• Sell on high
Trend
Strategy
• R2 - 13900
• R1 - 13550Resistance
• S1 - 12900
• S2 - 12550Support
• Consolidate
• Sell on high
Trend
Strategy
• R2 - 15500
• R1 - 15050Resistance
• S1 - 14450
• S2 - 13950Support
• Consolidate
• Sell on high
Trend
Strategy
• R2 - 30150
• R1 - 29800Resistance
• S1 - 29250
• S2 - 28900Support
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ECHNICAL VIEW
CHANA (AUG
GUARSEED (AUG
MENTHA OIL (AUG
MUSTARD SEED (AUG
720
• Consolidate
• Sell on high
Trend
Strategy
• R2 - 3050
• R1 - 3010Resistance
• S1 - 2925
• S2 - 2880Support
• Consolidate
• Sell on high
Trend
Strategy• R2 - 4450
• R1 - 4310Resistance
• S1 - 4150
• S2 - 4000Support
• Consolidate
• Sell on high
Trend
Strategy• R2 - 1160
• R1 - 1135Resistance
• S1 - 1090
• S2 - 1060Support
• Consolidate
• Sell on high
Trend
Strategy
• R2 - 2930
• R1 - 2900Resistance
• S1 - 2850
• S2 - 2825Support
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AUG)
AUG)
AUG)
AUG)
Consolidate
Sell on high
3050
3010
2925
2880
Consolidate
Sell on high
4450
4310
4150
4000
Consolidate
Sell on high
1160
1135
1090
1060
Consolidate
Sell on high
2930
2900
2850
2825
SOYABEAN (AUG)
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 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 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.
independently evaluate particular investments and strategies, and encourages investors to seek the advice of a financial
adviser. Money CapitalHeight Research Pvt Ltd.
information given in this report, which is in violation
The metal’s 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 r
Research Pvt Ltd. 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
the site or its owners or anyone can be held responsible for . Any surfing and reading of the information is the accepta
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.
whatsoever for any financial profits or loss which may arise from the recommendations above.
Research Pvt Ltd. does not purport to be an invitation or an offer to buy or sell any financial instrument.
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 high
Trend
Strategy
• R2 - 2465
• R1 - 2435 Resistance
• S1 - 2380
• S2 - 2350 Support
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) TURMERIC (AUG
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
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
n given herein should be treated as only factor, while making investment decision. The report does not
made investment advice. Money CapitalHeight Research Pvt Ltd. recommends that investors
estments and strategies, and encourages investors to seek the advice of a financial
eight 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 MCX and NCDEX.
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
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
the site or its owners or anyone can be held responsible for . Any surfing and reading of the information is the accepta
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.
does not purport to be an invitation or an offer to buy or sell any financial instrument.
Unpaid), Any third party or anyone else have no rights to forward or share our calls or SMS or Report or Any Information
anyone which is received directly or indirectly by them. If found so then Serious Legal Actions can be
2435
• Consolidate
• Sell on high
Trend
Strategy
• R2 - 6400
• R1 - 6300Resistance
• S1 - 6050
• S2 - 5900Support
www.capitalheight.com
capitalheight.wordpress.com
info@capitalheight.com
Phone- (0731)4295950
AUG)
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
been made to present the right investment perspective. The information contained herein is based on
n given herein should be treated as only factor, while making investment decision. The report does not
recommends that investors
estments and strategies, and encourages investors to seek the advice of a financial
shall not be responsible for any transaction conducted based on the
price projections shown are not necessarily indicative of future price performance. The information herein,
elated to Money 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
we are not responsible for any loss incurred
whatsoever for any financial profits or loss which may arise from the recommendations above. Money CapitalHeight
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
anyone which is received directly or indirectly by them. If found so then Serious Legal Actions can be
2435
Consolidate
Sell on high
6400
6300
6050
5900
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