daily commodity agri news letter by capitalheight 13-12-2010
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Daily Newsletter13/12/2010
Daily Newsletter-Agri Commodity
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Agri Commodity
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MARKET WRAP
Turmeric declines on output view
Pepper drops on tepid exports, lack of global cues
Jeera futures drop on sluggish exports
Soy oil hits over 2-½, year high on demand
Cardamom tumbles on profit booking
Mentha oil declines on short selling
Guar drops on arrivals & output view
Chana extends losses to 3 week low
Supply of Turmeric in Nizamabad is good these days. Farmers and stockiest are
releasing their stocks on hopes of higher crop this year. Bumper crop is expected this
year due to favorable weather conditions. Jeera prices dipped due to better sowing
activity in the growing areas and thereby better output is keeping prices weak.
According to government data Jeera sowing is down by 25.2% in Gujarat. 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 mainly in European Union thus
supply situation is expected to remain very tight in these countries which may fuel the
international market sentiments. Chana sowing in Madhya Pradesh is up by 1.8%.
Improved arrivals of Guar and lackluster demand for Guar seed might pressurize the
prices in the coming weeks.
TECHNICAL
CARDAMOM (DEC)
GUARGUM (DEC)
JEERA (DEC)
MUSTARD SEED (DEC)
• Consolidate
• Buy on dips
Trend
Strategy• R2 - 1330
• R1 - 1265Resistance
• S1 - 1210
• S2 - 1180Support
• Bearish
• Sell on highs
Trend
Strategy
• R2 - 6210
• R1 - 6090Resistance
• S1 - 5880
• S2 - 5750Support
• Bearish
• Sell on highs
Trend
Strategy
•R2 - 14000
•R1 - 13750Resistance
•S1 - 13500
•S2 - 13230Support
• Bearish
• Sell on highs
Trend
Strategy
•R2 - 563
•R1 - 557Resistance
•S1 - 545
•S2 - 540Support
capita
ECHNICAL VIEW
CHANA (DEC
GUARSEED (DEC
MENTHA OIL (DEC
PEPPER (DEC)
• Bearish
• Sell on highs
Trend
Strategy
• R2 - 2490
• R1 - 2470Resistance
• S1 - 2440
• S2 - 2420Support
•Bearish
•Sell on highs
Trend
Strategy• R2 - 2450
• R1 - 2400Resistance
• S1 - 2320
• S2 - 2270Support
• Bearish
• Sell on highs
Trend
Strategy• R2 - 1135
• R1 - 1100Resistance
• S1 - 1035
•S2 - 1000Support
• Bearish
• Sell on highs
Trend
Strategy
•R2 - 22200
•R1 - 21800Resistance
•S1 - 21200
•S2 - 21000Support
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Phone- (0731)4295950
DEC)
DEC)
DEC)
)
Sell on highs
2490
2470
2440
2420
Sell on highs
2450
2400
2320
2270
Sell on highs
1135
1100
1035
1000
Sell on highs
22200
21800
21200
21000
SOYABEAN (DEC) TURMERIC (DEC)
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.
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. Capitalh
particular investments and strategies, and encourages investors to seek the advice of a financial adviser. Capitalheight shal
not be responsible for any transaction conducted based on the information
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 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.
• Bearish
• Sell on highs
Trend
Strategy
•R2 - 2230
•R1 - 2200Resistance
•S1 - 2170
•S2 - 2140Support
capita
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 suits
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.
erial 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 shal
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,
together with all estimates and forecasts, can change without notice. Analyst or any person related to Capitalheight
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
or . 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 - 15430
•R1 - 14900Resistance
•S1 - 14300
•S2 - 13900Support
www.capitalheight.com
pitalheight.wordpress.com
info@capitalheight.com
Phone- (0731)4295950
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
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
eight recommends that investors independently evaluate
particular investments and strategies, and encourages investors to seek the advice of a financial adviser. Capitalheight shall
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
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
or . Any surfing and reading of the information is the acceptance of this disclaimer.
onsible for any loss incurred
Capitalheight does not
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
15430
14900
14300
13900
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