daily newsletter - agricommodity

Daily Newsletter06/08/2011

Daily Newsletter-Agri Commodity

www.capitalheight.com

Agri Commodity



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Phone- (0731)4295950

MARKET WRAP

Cardamom drops on profit booking

Chana remains lower on profit booking

Jeera down on profit booking

Soy oil extend losses on global markets

Turmeric hits contract low on ample stocks

Guar seed up on short covering

Pepper drops on profit booking

Turmeric prices in the intraday may trade bearish owing to lackluster trades at the

domestic market coupled with sufficient supplies. Lower area covered under turmeric is

likely to support market sentiments. Jeera Prices are likely to trade sideways to up due

to improved buying by the market participants. Any fresh enquires from the local

stockists and overseas buyers might support prices. Pepper futures are expected to

trade sideways to up due to lower arrivals at the domestic market. Demand from the

domestic buyers ahead of festivals might keep prices supported in the short term.

Soybean prices are expected to trade higher due to lower existing carry over stock of

domestic soybean as record high export figures of domestic soy meal in this financial

year is reported as compared to the last year. The current predictions of Chana with

respect to monsoon and sowing acreage point towards downward projections of Kharif

output which may provide support to the prices. Chana Prices may gain by Rs. 100-150

from the current levels.

TECHNICAL

CARDAMOM (AUG)

GUARGUM (AUG)

JEERA (AUG)

PEPPER (AUG)

• Bearish

• Sell on high

Trend

Strategy• R2 - 815

• R1 - 800Resistance

• S1 - 770

• S2 - 755 Support

• Consolidate

• Sell on high

Trend

Strategy

• R2 - 14800


• S1 - 13550

• S2 - 13400Support

• Consolidate

• Sell on high

Trend

Strategy

• R2 - 16150


• S1 - 15280


• Consolidate

• Sell on high

Trend

Strategy

• R2 - 29500


• S1 - 27800



ECHNICAL VIEW

CHANA (AUG

GUARSEED (AUG

MENTHA OIL (AUG

MUSTARD SEED (AUG

755

• Consolidate

• Sell on high

Trend

Strategy

• R2 - 3125


• S1 - 3030


• Consolidate

• Sell on high

Trend



• S1 - 4265


• Consolidate

• Buy on dips

Trend



• S1 - 1130


• Consolidate

• Sell on high

Trend

Strategy

• R2 - 2960


• S1 - 2885




[email protected]

Phone- (0731)4295950

AUG)

AUG)

AUG)

AUG)

Consolidate

Sell on high

3125

3085

3030

3000

Consolidate

Sell on high

4500

4420

4265

4180

Consolidate

Buy on dips

1190

1160

1130

1110

Consolidate

Sell on high

2960

2940

2885

2860

SOYABEAN (AUG)

Disclaimer

The information and views in this report, our website & all the service we provide are believed to

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 inform

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 inv

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

• Buy on dips

Trend

Strategy

• R2 - 2505

• R1 - 2485 Resistance

• S1 - 2440

• S2 - 2420 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

2485

• Consolidate

• Sell on high

Trend

Strategy

• R2 - 6950


• S1 - 6600




[email protected]

Phone- (0731)4295950

AUG)

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

ation contained herein is based on

estment 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

2485

Consolidate

Sell on high

6950

6800

6600

6456

daily newsletter - agricommodity

Documents

resistance s1

hightrend strategy r2

dipstrend strategy r2

chana prices

domestic market

turmeric prices

jeera prices

bearish sell