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Transcript of Agri - Commodity Tips By
Daily Newsletter01/02/2011
Daily Newsletter-Agri Commodity
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Agri Commodity
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Phone- (0731)4295950
MARKET WRAP
Jeera falls on weak exports
Pepper tumbles on fresh arrivals
Guar up on robust demand
Chana down on profit taking
Oilseeds, soy oil rise on Argentina strike
Cardamom trades down on profit booking
Turmeric market is attracting late buyers & early shorts; market is vulnerable to a
sharp correction but likely that that correction will be bought creating a buy point for
uptrend. Jeera prices will depend on the demand from the overseas and domestic
buyers and fresh arrivals in the domestic mandis. Pepper exporters are not activity
buying in market as they are waiting for Vietnam crop to hit the market which may cool
down the prices here also. Steady spot market activity in Mentha oil in absences of
fresh market cues might weigh on sentiments. As per derivative analysis, prices and
volumes are falling while open interest is rising. It is a good indication that a sharp rally
against downtrend will develop creating a sell point for downtrend. Cardamom prices
reversed the trend on active selling and remained down and weak demand at spot
market may further pressurize the prices. Chana prices are down due to profit booking
by the market participants on worries over subdued demand though recovering
weather conditions during the last week are likely to help the crop to recover from the
damage of the cold wave conditions.
TECHNICAL
CARDAMOM (FEB)
GUARGUM (FEB)
JEERA (FEB)
PEPPER (FEB)
• Bearish
• Sell on highs
Trend
Strategy• R2 - 1420
• R1 - 1390Resistance
• S1 - 1340
• S2 - 1305Support
• Consolidate
• Buy on dips
Trend
Strategy
• R2 - 8000
• R1 - 7900Resistance
• S1 - 7625
S2 - 7500Support
• Bearish
• Sell on highs
Trend
Strategy
• R2 - 15540
• R1 - 15120Resistance
• S1 - 14550
• S2 - 14370Support
• Consolidate
• Sell on highs
Trend
Strategy
• R2 - 22730
• R1 - 22500Resistance
• S1 - 22050
• S2 - 21700 Support
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ECHNICAL VIEW
CHANA (FEB)
GUARSEED (FEB
MENTHA OIL (FEB
REFINED SOY OIL
• Bearish
• Sell on highs
Trend
Strategy
• R2 - 2645
• R1 - 2630Resistance
• S1 - 2590
• S2 - 2560Support
• Consolidate
• Buy on dips
Trend
Strategy• R2 - 2900
• R1 - 2870Resistance
• S1 - 2800
• S2 - 2740Support
• Consolidate
• Sell on highs
Trend
Strategy• R2 - 1180
• R1 - 1160Resistance
• S1 - 1120
• S2 - 1100Support
• Consolidate
• Buy on dips
Trend
Strategy
• R2 - 670
• R1 - 664Resistance
• S1 - 652
• S2 - 646Support
www.capitalheight.com
capitalheight.wordpress.com
Phone- (0731)4295950
)
FEB)
FEB)
(FEB)
Sell on highs
2645
2630
2590
2560
Consolidate
Buy on dips
2900
2870
2800
2740
Consolidate
Sell on highs
1180
1160
1120
1100
Consolidate
Buy on dips
670
664
652
646
SOYABEAN (FEB)
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
• Sell on highs
Trend
Strategy
• R2 - 2520
• R1 - 2485 Resistance
• S1 - 2450
• S2 - 2420Support
capitalheight.wordpress.com
) 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
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.
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.
2485
• Consolidate
• Buy on dips
Trend
Strategy
• R2 - 10070
• R1 - 9980Resistance
• S1 - 9750
• S2 - 9700Support
www.capitalheight.com
capitalheight.wordpress.com
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
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.
we are not responsible for any loss incurred
Capitalheight does not
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
2485
Consolidate
Buy on dips
10070
9980
9750
9700