daily agricommodity report

Daily Newsletter10/08/2011

Daily Newsletter-Agri Commodity

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Agri Commodity



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MARKET WRAP

Turmeric hits contract low on weak demand

Soybean hits 3-week low

Chana drops on profit booking

Jeera extends downtrend on weak export demand

Guar slumps on higher sowing

Pepper rebounds on short covering

Cardamom ended down on profit booking

Soybean prices are expected to trade range bound with weak sentiments due to

favorable weather condition for crop and higher arrivals while weak international global

cues will pressurize the prices further. Chana futures are likely to trade sideways due to

weak domestic demand & profit booking. However, lower stocks of Chana in M.P. are

likely to control prices from falling sharply. Sharp fall in Jeera prices is likely to make

buyers follow wait and watch stance. Prices may thus trade sideways in the intraday.

Any fresh enquires from the local stockists and overseas buyers might support prices.

Turmeric prices in the intraday may be sideways to bearish due to ample supplies and

weaker demand outlook, though, lower area covered under turmeric is likely to support

market sentiments. Guar futures in the coming week may witness bearish trend owing to

better rains in the guar growing belt leading to improved sowing activity. However, low

stocks of Guar gum may restrict prices from falling sharply. Price trend till October may

remain bullish on lower stocks amidst higher export demand.

TECHNICAL

CARDAMOM (AUG)

GUARGUM (AUG)

JEERA (AUG)

PEPPER (AUG)

• Bearish

• Sell on high

Trend

Strategy• R2 - 800

• R1 - 785Resistance

• S1 - 740

• S2 - 720 Support

• Consolidate

• Sell on high

Trend

Strategy

• R2 - 13600


• S1 - 12750

• S2 - 12300Support

• Consolidate

• Sell on high

Trend

Strategy

• R2 - 15100


• S1 - 14400


• Consolidate

• Sell on high

Trend

Strategy

• R2 - 29400


• S1 - 28250



ECHNICAL VIEW

CHANA (AUG

GUARSEED (AUG

MENTHA OIL (AUG

MUSTARD SEED (AUG

720

• Consolidate

• Sell on high

Trend

Strategy

• R2 - 3040


• S1 - 2910


• Consolidate

• Sell on high

Trend



• S1 - 4000


• Consolidate

• Sell on high

Trend



• S1 - 1080


• Consolidate

• Sell on high

Trend

Strategy

• R2 - 2910


• S1 - 2845




[email protected]

Phone- (0731)4295950

AUG)

AUG)

AUG)

AUG)

Consolidate

Sell on high

3040

2990

2910

2870

Consolidate

Sell on high

4190

4130

4000

3930

Consolidate

Sell on high

1110

1115

1080

1055

Consolidate

Sell on high

2910

2880

2845

2825

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 encourages investors to seek the advice of a financial

adviser. Money CapitalHeight Research Pvt Ltd.

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

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 a

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 fin

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 the

taken.

• Consolidate

• Sell on high

Trend

Strategy

• R2 - 2435

• R1 - 2410 Resistance

• S1 - 2355

• S2 - 2330 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


eight Research Pvt Ltd. shall not be responsible for any transaction conducted based o

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,

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 which either

the site or its owners or anyone can be held responsible for . Any surfing and reading of the information is the accepta

nt 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.


Provided by us to/with anyone which is received directly or indirectly by them. If found so then Serious Legal Actions can be

2410

• Consolidate

• Sell on high

Trend

Strategy

• R2 - 6600


• S1 - 6050




[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


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,

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

nd 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

ancial instrument. Our Clients (Paid Or


n Serious Legal Actions can be

2410

Consolidate

Sell on high

6600

6400

6050

5900

daily agricommodity report

Documents

hightrend strategy r2

resistance s1

bearish sell

jeera prices

turmeric prices

profit booking soybean

weak demand soybean

weak sentiments