Agri - Commodity Tips By 22-02-2011

Daily Newsletter22/02/2011

Daily Newsletter-Agri Commodity

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Agri Commodity



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Phone- (0731)4295950

MARKET WRAP

Jeera may tumble on high arrivals

Pepper fall on subdued demand

Turmeric down on weak exports

Chana likely to fall on increased arrivals

Soybean falls on selling pressure

Mentha oil up on increase demand

Jeera prices may trade bullish owing to forecast of rains in Rajasthan and reports of

ground frost in Gujarat which might damage the standing crop. Pepper prices are

expected to trade sideways to down on account of fresh arrivals of pepper from

Vietnam and lackluster demand from the overseas buyers. Turmeric may consolidate

due to recovery in demand from overseas buyers and expectation. Crushers may

continue to abstain from active buying of Soybean because of poor meal export

demand. Shrinking crush margin is also prompting them to stay away from active

buying. Market participants are closely watching for budget wherein government is

likely to announce some measures to control food inflation. Mentha oil export is

expected to rise and domestic demand from pharmaceutical Industries are likely to

provide support to prices in the medium term. The export enquiries for the guar gum

are expected to support the uptrend in the prices. The Indian traders are flooded with

gum export enquiries in turn supporting the prices. The exporters have bought gum to

be delivered at the Mumbai ports to meet the long pending consignments.

TECHNICAL

CARDAMOM (MAR)

GUARGUM (MAR)

JEERA (MAR)

PEPPER (MAR)

• Bearish

• Sell on highs

Trend

Strategy• R2 - 1290

• R1 - 1250Resistance

• S1 - 1190

• S2 - 1150Support

• Consolidate

• Buy on dips

Trend

Strategy

• R2 - 8450


• S1 - 8220

S2 - 8110Support

• Bullish

• Buy on dips

Trend

Strategy

• R2 - 16900


• S1 - 16250


• Consolidate

• Sell on highs

Trend

Strategy

• R2 - 24370


• S1 - 23480

• S2 - 23200 Support


ECHNICAL VIEW

CHANA

GUARSEED

MENTHA OIL (MAR

REFINED SOY OIL

• Bearish

• Sell on highs

Trend

Strategy

• R2 - 2720


• S1 - 2565


• Bullish

• Buy on dips

Trend



• S1 - 2885


• Consolidate

• Sell on highs

Trend



• S1 - 1080


• Consolidate

• Buy on dips

Trend

Strategy

• R2 - 656


• S1 - 643

• S2 - 637Support



[email protected]

Phone- (0731)4295950

CHANA (MAR)

GUARSEED (MAR)

MAR)

(MAR)

Sell on highs

2720

2670

2565

2514

Buy on dips

2970

2945

2885

2810

Consolidate

Sell on highs

1140

1110

1080

1055

Consolidate

Buy on dips

656

650

643

637

SOYABEAN (MAR)

Disclaimer

The information and views in this report, our website &

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 t

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. Capitalheight recommends that investors independently evaluate

particular investments and strategies, and encourages invest

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 anyo

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 comple

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 i

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 Seriou

• Consolidate

• Buy on dips

Trend

Strategy

• R2 - 2525

• R1 - 2495 Resistance

• S1 - 2455



) TURMERIC (APR

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

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

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


his free will and does not read any views expressed as a recommendation for which either the site or its owners or anyo


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


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

2495

• Consolidate

• Buy on dips

Trend

Strategy

• R2 - 10600


• S1 - 9950




[email protected]

Phone- (0731)4295950

TURMERIC (APR)

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

he right investment perspective. The information contained herein is based on

be treated as only factor, while making investment decision. The report does not

made investment advice. Capitalheight recommends that investors independently evaluate

ors 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 rules

shown are not necessarily indicative of future price performance. The information herein,

Capitalheight might be


his free will and does not read any views expressed as a recommendation for which either the site or its owners or anyone


we are not responsible for any loss incurred

Capitalheight does not

Our Clients (Paid Or Unpaid), Any third party or


2495

Consolidate

Buy on dips

10600

10340

9950

9690

Agri - Commodity Tips By 22-02-2011

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