daily agricommodity market newsletter 16-01-2014
TRANSCRIPT
www.capitalheight.com
Phone- (0731)6615050-6620150
MARKET WRAP
Jeera futures went up by 0.5 per cent as demand seems to be coming in.
Castor seed futures prices went up by 1.5 per cent over supply side issues.
Turmeric futures went up by 0.32 per cent as traders went on to build stock.
Dhaniya futures prices went up today as speculators built up positions, driven by strong
demand in the spot market. Whereas, Turmeric prices are likely to fall at futures trade
due to weak demand in the spot market, triggering off-loading of positions by
speculators. Turmeric drifted in futures market today as speculators reduced holdings.
COMMODITY P. CLOSE LAST CLOSE NET CHANGE % CHANGE
CARDAMOM 711.00 706.00 -5.00 -0.70
CASTOR SEED 4,362.00 4,428.00 66.00 1.51
CHANA 3,114.00 3,126.00 12.00 0.39
DHANIYA 7,871.00 8,042.00 171.00 2.17
JEERA 12,472.00 12,535.00 63.00 0.51
MENTHA OIL 839.00 835.00 -4.00 -0.48
REF SOYA OIL 671.00 678.00 7.00 1.04
RM SEED 3,395.00 3,411.00 16.00 0.47
SOYBEAN 3,628.00 3,704.00 76.00 2.09
TURMERIC 6,740.00 6,760.00 20.00 0.30
www.capitalheight.com
Phone- (0731)6615050-6620150
TECHNICAL VIEW
CARDAMOM (FEB) CASTOR SEED (FEB)
CHANA (FEB) DHANIYA (FEB)
JEERA (MAR) MENTHA OIL (JAN)
REF SOYA OIL (FEB) RM SEED (APRIL)
• Consolidate
• Sell On High
Trend
Strategy • R2 - 730
• R1 - 716 Resistance
• S1 - 695
• S2 - 681 Support
• Consolidate
•Buy On Dips
Trend
Strategy • R2 - 4582
• R1 - 4494 Resistance
• S1 - 4361
• S2 - 4273 Support
• Consolidate
•Buy On Dips
Trend
Strategy • R2 - 3235
• R1 - 3172 Resistance
• S1 - 3079
• S2 - 3016 Support
• Consolidate
•Sell On High
Trend
Strategy • R2 - 8323
• R1 - 8162 Resistance
• S1 - 7921
• S2 - 7760 Support
• Consolidate
• Buy On Dips
Trend
Strategy • R2 - 12973
• R1 - 12723 Resistance
• S1 - 12346
• S2 - 12096 Support
• Consolidate
•Sell On High
Trend
Strategy • R2 - 864
• R1 - 847 Resistance
• S1 - 822
• S2 - 805 Support
• Consolidate
• Sell On High
Trend
Strategy
• R2 - 701
• R1 - 688 Resistance
• S1 - 667
• S2 - 654 Support
•Consolidate
•Sell On High
Trend
Strategy
• R2 - 3530
• R1 - 3462 Resistance
• S1 - 3359
• S2 - 3291 Support
www.capitalheight.com
Phone- (0731)6615050-6620150
SOYABEAN (FEB) TURMERIC (APRIL)
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 suits 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. Money CapitalHeight Research Pvt Ltd. recommends that investors independently evaluate particular investments and strategies, and encourages investors to seek the advice of a financial adviser. Money CapitalHeight 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.
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 related to Money CapitalHeight 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. we are not responsible for any loss incurred whatsoever for any financial profits or loss which may arise from the recommendations above. Money CapitalHeight Research Pvt Ltd. 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 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 - 3833
•R1 - 3759 Resistance
• S1 - 3648
• S2 - 3574 Support
• Consolidate
• Buy On Dips
Trend
Strategy • R2 - 6996
• R1 - 6861 Resistance
• S1 - 6658
• S2 - 6523 Support