Post on 28-Mar-2016
description
Daily Newsletter23/11/2010
Daily Newsletter-Agri Commodity
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Commodity
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MARKET WRAP
Turmeric ended at 4% upper circuit; seen up
Pepper trades up on tight supply
Indian spices rises on the back of poor supply
India Jeera hits contract high on lower sowing; seen up
India soybean rises on meal demand, overseas markets
Guar futures up; seen range-bound
Mentha-oil gains on poor arrivals; seen up
Chana futures up
All the chief spices ended significantly strong on the NCDEX, out of which turmeric
futures hit four per cent upper limit along with cumin seed futures. Pepper closed higher
on tight supply though anticipation of fresh arrivals in mid December added weakness.
which Dollar vs Re is expected to support the market sentiments on the export front.
There are lower stocks of jeera till fresh arrivals expected in the month of February. This
will help prices to find support and strengthen. Spillover strength from other spices also
added bullish trend in jeera counter. Delayed arrivals and some export demand in the
mandis are likely to support the prices of guar at the lower levels. Guarseed and
guargum both ended in green and is expected to gain on active buying. Refined soya oil
ends higher on firm global market demand and soya bean gains on export demand.
Chana gains on strong domestic demand during marriage season. Mentha oil gains on
poor arrivals and increased demand in winter season.
TECHNICAL
CARDAMOM (DEC)
GUARGUM (DEC)
JEERA (DEC)
MUSTARD SEED (DEC)
• Consolidate
• Buy on dips
Trend
Strategy• R2 - 1055
• R1 - 1030Resistance
• S1 - 978
• S2 - 930Support
• Consolidate
• Sell on highs
Trend
Strategy
• R2 - 6000
• R1 - 5940Resistance
• S1 - 5700
• S2 - 5600Support
• Bullish
• Buy on dips
Trend
Strategy
•R2 - 16000
•R1 - 15670Resistance
•S1 - 14900
•S2 - 14600Support
• Consolidate
• Sell on highs
Trend
Strategy
•R2 - 580
•R1 - 575Resistance
•S1 - 566
•S2 - 560Support
ECHNICAL VIEW
CHANA (DEC
GUARSEED (DEC
MENTHA OIL (NOV
PEPPER (DEC)
• Consolidate
• Sell on highs
Trend
Strategy
• R2 - 2580
• R1 - 2525Resistance
• S1 - 2470
• S2 - 2440Support
• Consolidate
• Sell on highs
Trend
Strategy• R2 - 2600
• R1 - 2550Resistance
• S1 - 2420
• S2 - 2360Support
• Consolidate
• Buy on dips
Trend
Strategy• R2 - 1290
• R1 - 1250Resistance
• S1 - 1210
•S2 - 1175Support
• Consolidate
• Sell on highs
Trend
Strategy
•R2 - 23340
•R1 - 23000Resistance
•S1 - 22000
•S2 - 21200Support
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Phone- (0731)4295950
DEC)
DEC)
NOV)
)
Consolidate
Sell on highs
2580
2525
2470
2440
Consolidate
Sell on highs
2600
2550
2420
2360
Consolidate
Buy on dips
1290
1250
1210
1175
Consolidate
Sell on highs
23340
23000
22000
21200
SOYABEAN (DEC) TURMERIC (DEC)
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The information and views in this report, our website & all the service we provide are
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
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,
provide individually tailor-made investment advice. Capitalheight recommends that investors independently evaluate
particular investments and strategies, and encourages investors to seek the advice of a
not be responsible for any transaction conducted based on the information given in this report, which is in violation of rule
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.
• Consolidate
• Sell on highs
Trend
Strategy
•R2 - 2330
•R1 - 2300Resistance
•S1 - 2245
•S2 - 2225Support
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 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. Capitalheight recommends that investors independently evaluate
particular investments and strategies, and encourages investors to seek the advice of a financial adviser. Capitalheight shall
not be responsible for any transaction conducted based on the information given in this report, which is in violation of rule
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.
• Bullish
• Buy on dips
Trend
Strategy
•R2 - 14220
•R1 - 14000Resistance
•S1 - 13500
•S2 - 13250Support
www.capitalheight.com
info@capitalheight.com
Phone- (0731)4295950
SOYABEAN (DEC) TURMERIC (DEC)
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
. The information contained herein is based on
while making investment decision. The report does not
made investment advice. Capitalheight recommends that investors independently evaluate
financial adviser. Capitalheight shall
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,
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
Buy on dips
14220
14000
13500
13250