Agri - Commodity Tips By

Daily Newsletter17/02/2011

Daily Newsletter-Agri Commodity

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Agri Commodity



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Phone- (0731)4295950

MARKET WRAP

Turmeric rises on increased demand

Jeera falls on weak exports

Pepper plunges on weak export

Soy bean, soy oil declines on selling pressure

Guar rises on short covering

Chana weakens on subdued demand

Mentha oil rises on active buying

Demand for Turmeric from the overseas and domestic is weak as the buyers are

anticipating further fall in the prices in the coming days. Any reports of bad weather in

the Jeera growing region might provide support to the prices in the short term. Reports

of crop damage due to floods and heavy rains in Sri Lanka and Indonesia may support

Pepper prices. However, lower quotes offered by Vietnam might weigh on prices.

Mentha oil is 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. The government is concerned about the food inflation levels which might further

reduce the stock limits of Chana across Madhya Pradesh and Rajasthan. Sluggish

buying across the spot markets and likely higher delivery of the guar gum on February

expiry is expected to support the fall in prices. Dampening demand for soy oil in the spot

market is likely to have a bearish impact on the market. Shrink in physical demand for

soybean and its derivatives is likely to have bearish impact on the market.

TECHNICAL

CARDAMOM (MAR)

GUARGUM (MAR)

JEERA (MAR)

PEPPER (MAR)

• Consolidate

• Buy on dips

Trend

Strategy• R2 - 1346

• R1 - 1355Resistance

• S1 - 1300

• S2 - 1275 Support

• Consolidate

• Buy on dips

Trend

Strategy

• R2 - 8595


• S1 - 8100

• S2 - 7935Support

• Consolidate

• Sell on highs

Trend

Strategy

• R2 - 16300


• S1 - 15650


• Consolidate

• Sell on highs

Trend

Strategy

• R2 - 24470


• S1 - 23030

• S2 - 22580 Support


ECHNICAL VIEW

CHANA (MAR

GUARSEED (MAR

MENTHA OIL (FEB

REFINED SOY OIL (MAR

1275

• Bearish

• Sell on highs

Trend

Strategy

• R2 - 2717


• S1 - 2561


• Consolidate

• Buy on dips

Trend



• S1 - 2790


• Bullish

• Buy on dips

Trend



• S1 - 1126


• Bearish

• Sell on highs

Trend

Strategy

• R2 - 655


• S1 - 634

• S2 - 628Support



[email protected]

Phone- (0731)4295950

MAR)

MAR)

FEB)

MAR)

Sell on highs

2717

2665

2561

2509

Consolidate

Buy on dips

2960

2900

2790

2730

Buy on dips

1218

1194

1126

1103

Sell on highs

655

647

634

628

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 anyon

can be held responsible for . Any surfing a

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.

• Bearish

• Sell on highs

Trend

Strategy

• R2 - 2520

• R1 - 2480 Resistance

• S1 - 2400



) 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

nded. 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.

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 lo

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 thir


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

2480

• Consolidate

• Buy on dips

Trend

Strategy

• R2 - 10295


• S1 - 9750




[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

nded. 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

nd 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


2480

Consolidate

Buy on dips

10295

10096

9750

9630

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