Agri - Commodity Tips By

Daily Newsletter02/02/2011

Daily Newsletter-Agri Commodity

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Agri Commodity



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MARKET WRAP

Jeera slumps on short selling

Pepper weakens on sluggish demand

Turmeric falls on ample supply

Chana down on profit taking

Soy oil drops on weak global cues

Cardamom plunges on subdued demand

Overall movement of Turmeric is likely to be sluggish as traders are expecting further

rise in arrivals in coming days. 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. Mentha oil futures are expected

to continue the bearish trend as active selling may pull down the prices. Sluggish

demand due to good sowing progress might further add to the down side. Soybean is

expected to trade higher on account of firm overseas market as lower production

estimates of Argentina’s crop and better export figures of domestic soy meals are also

in favor of the bulls. The decreased demand for Chana from the retailers and the

millers is likely to keep the prices under pressure. The expectations of increase in

crude oil inventories in a short term are indicating strong global demand for the guar

gum. Indian physical markets are likely to witness an active buying for soy oil from

wholesale traders on expectation of revival in start-of-the-month retail demand.

TECHNICAL

CARDAMOM (FEB)

GUARGUM (FEB)

JEERA (FEB)

PEPPER (FEB)

• Bearish

• Sell on highs

Trend

Strategy• R2 - 1420

• R1 - 1390Resistance

• S1 - 1330

• S2 - 1305Support

• Consolidate

• Buy on dips

Trend

Strategy

• R2 - 8000


• S1 - 7740

S2 - 7620Support

• Bearish

• Sell on highs

Trend

Strategy

• R2 - 15070


• S1 - 14385


• Consolidate

• Sell on highs

Trend

Strategy

• R2 - 23000


• S1 - 22300

• S2 - 22100 Support


ECHNICAL VIEW

CHANA (FEB)

GUARSEED (FEB

MENTHA OIL (FEB

REFINED SOY OIL

• Bearish

• Sell on highs

Trend

Strategy

• R2 - 2655


• S1 - 2590


• Consolidate

• Buy on dips

Trend



• S1 - 2800


• Consolidate

• Sell on highs

Trend



• S1 - 1120


• Consolidate

• Buy on dips

Trend

Strategy

• R2 - 670


• S1 - 656

• S2 - 650Support



[email protected]

Phone- (0731)4295950

)

FEB)

FEB)

(FEB)

Sell on highs

2655

2640

2590

2560

Consolidate

Buy on dips

2900

2870

2800

2770

Consolidate

Sell on highs

1180

1160

1120

1100

Consolidate

Buy on dips

670

664

656

650

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

• Buy on dips

Trend

Strategy

• R2 - 2520

• R1 - 2500 Resistance

• S1 - 2475



) 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.

2500

• Consolidate

• Buy on dips

Trend

Strategy

• R2 - 10150


• S1 - 9860




[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


2500

Consolidate

Buy on dips

10150

10060

9860

9800

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