daily agri report

Daily Newsletter22/07/2011

Daily Newsletter-Agri Commodity

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Agri Commodity



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MARKET WRAP

Chana drops on profit booking

Jeera trades higher on export demand

Pepper gains on falling arrivals

Oilseeds, soy oil rise on demand & positive global cues

Guar extend gains, hits contract high

Turmeric edges higher short covering

Mentha oil falls on profit booking

Price trend of Turmeric is likely to depend on distribution of rainfall in the growing areas

and demand for the spice from domestic and overseas buyers. As the pepper prices in

the international market of all regions are at same levels there is likelihood that

overseas buyers might place fresh orders in the domestic market in the short term.

Jeera prices in the intraday are likely to trade firm due to fresh export enquiries from

overseas buyers particularly China. Soy oil prices at Indian commodity bourses might

recover from the previous fall on back of improving demand for edible oils for biodiesel

purposes. Chana futures are likely to trade firm owing to improved demand from local

buyers amidst reduced arrivals in the domestic. The Cardamom August futures are

expected to continue to trade up on fresh buying. Export demand from gulf is expected

to support the prices. Guar futures may trade firm owing to robust export demand.

However, good rainfall in the major guar growing districts of Rajasthan in coming days

might cap the gains in the short term.

TECHNICAL

CARDAMOM (AUG)

GUARGUM (AUG)

JEERA (AUG)

PEPPER (AUG)

• Consolidate

• Buy on dips

Trend

Strategy• R2 - 890

• R1 - 880Resistance

• S1 - 845

• S2 - 830 Support

• Bullish

• Buy on dips

Trend

Strategy

• R2 - 14200


• S1 - 13500

• S2 - 13250Support

• Bullish

• Buy on dips

Trend

Strategy

• R2 - 17000


• S1 - 15950


• Consolidate

• Buy on dips

Trend

Strategy

• R2 - 29200


• S1 - 27900



ECHNICAL VIEW

CHANA (AUG

GUARSEED (AUG

MENTHA OIL (JULY

MUSTARD SEED (AUG

830

• Bullish

• Buy on dips

Trend

Strategy

• R2 - 3030


• S1 - 2940


• Bullish

• Buy on dips

Trend



• S1 - 4250


• Consolidate

• Buy on dips

Trend



• S1 - 1110


• Consolidate

• Buy on dips

Trend

Strategy

• R2 - 3030


• S1 - 2950




[email protected]

Phone- (0731)4295950

AUG)

AUG)

JULY)

AUG)

Buy on dips

3030

3000

2940

2900

Buy on dips

4450

4400

4250

4180

Consolidate

Buy on dips

1170

1150

1110

1090

Consolidate

Buy on dips

3030

3005

2950

2910

SOYABEAN (AUG)

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 on

provide individually tailor-made investment advice.

independently evaluate particular investments and strategies, and encourage

adviser. Money CapitalHeight Research Pvt Ltd.

information given in this report, which is in violation of rules and regulations of MCX and NCDE

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

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 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.

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

• Buy on dips

Trend

Strategy

• R2 - 2465

• R1 - 2435 Resistance

• S1 - 2350

• S2 - 2320 Support


) TURMERIC (AUG

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. Money CapitalHeight Research Pvt Ltd. recommends that investors

independently evaluate particular investments 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


r anyone can be held responsible for . Any surfing and reading of the information is the acceptance

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.


anyone which is received directly or indirectly by them. If found so then Serious Legal Actions can be

2435

• Bearish

• Sell on high

Trend

Strategy

• R2 - 7400


• S1 - 7000




[email protected]

Phone- (0731)4295950

AUG)

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

ly factor, while making investment decision. The report does not

recommends that investors

s 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,

together with all estimates and forecasts, can change without notice. Analyst or any person related to Money CapitalHeight

might be holding positions in the stocks recommended. It is understood that anyone who is browsing


r 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


anyone which is received directly or indirectly by them. If found so then Serious Legal Actions can be

2435

Bearish

Sell on high

7400

7250

7000

6850

daily agri report

Documents

dipstrend strategy r2

resistance s1

support bullish buy

export demand pepper

robust export demand

overseas buyers

jeera prices

pepper prices