Daily Commodity Agri News Letter by CapitalHeight 10-12-2010
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Transcript of Daily agri news
Daily Newsletter25/07/2011
Daily Newsletter-Agri Commodity
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Agri Commodity
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MARKET WRAP
Chana up on good domestic demand, hits contract high
Jeera edges higher on rising demand
Pepper surges on speculative buying
Soybean gains on weather concerns
Guar hits contract high on poor stocks
Turmeric rebounds on short covering
Mentha oil falls on profit booking
Turmeric prices in the intraday may trade bearish on account of improvement in area
covered under Turmeric and dull trades at the domestic markets. Soy oil prices at Indian
commodity bourses are likely to resume down trend on the supply glut situations across
domestic markets. Declining retail demand for edible oil is impacting the prices majorly.
As the pepper prices in the international market of all regions are at same levels there is
likelihood that overseas buyers might place fresh orders in the domestic market in the
short term. Jeera prices in the intraday are likely to trade firm due to fresh export
enquiries from overseas buyers particularly China. Chana futures are likely to trade firm
owing to improved demand from local buyers amidst reduced arrivals in the domestic.
The Cardamom August futures are expected to continue to trade up on fresh buying.
Export demand from gulf is expected to support the prices. Guar futures may trade firm
owing to robust export demand. However, good rainfall in the major guar growing
districts of Rajasthan in coming days might cap the gains in the short term.
TECHNICAL
CARDAMOM (AUG)
GUARGUM (AUG)
JEERA (AUG)
PEPPER (AUG)
• Consolidate
• Buy on dips
Trend
Strategy• R2 - 910
• R1 - 895Resistance
• S1 - 865
• S2 - 850 Support
• Bullish
• Buy on dips
Trend
Strategy
• R2 - 15300
• R1 - 15000Resistance
• S1 - 14460
• S2 - 14170Support
• Bullish
• Buy on dips
Trend
Strategy
• R2 - 17500
• R1 - 17150Resistance
• S1 - 16600
• S2 - 16300Support
• Consolidate
• Buy on dips
Trend
Strategy
• R2 - 30700
• R1 - 30000Resistance
• S1 - 29200
• S2 - 28800Support
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ECHNICAL VIEW
CHANA (AUG
GUARSEED (AUG
MENTHA OIL (JULY
MUSTARD SEED (AUG
850
• Bullish
• Buy on dips
Trend
Strategy
• R2 - 3150
• R1 - 3100Resistance
• S1 - 3030
• S2 - 3000Support
• Bullish
• Buy on dips
Trend
Strategy• R2 - 4865
• R1 - 4770Resistance
• S1 - 4585
• S2 - 4500Support
• Consolidate
• Sell on highs
Trend
Strategy• R2 - 1140
• R1 - 1120Resistance
• S1 - 1075
• S2 - 1055Support
• Consolidate
• Buy on dips
Trend
Strategy
• R2 - 3040
• R1 - 3010Resistance
• S1 - 2975
• S2 - 2950Support
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Phone- (0731)4295950
AUG)
AUG)
JULY)
AUG)
Buy on dips
3150
3100
3030
3000
Buy on dips
4865
4770
4585
4500
Consolidate
Sell on highs
1140
1120
1075
1055
Consolidate
Buy on dips
3040
3010
2975
2950
SOYABEAN (AUG)
Disclaimer
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
them the most.
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
provide individually tailor-made investment advice.
independently evaluate particular investments and strategies, and encourages investors to seek the advice of a financial
adviser. Money CapitalHeight Research Pvt Ltd.
information given in this report, which is in violation of rules and regulations of MCX and NCDEX.
The metals price projections shown are not necessarily indicative of future price performance. The information her
together with all estimates and forecasts, can change without notice. Analyst or any person related to
Research Pvt Ltd. 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 accepta
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.
Research Pvt Ltd. does not purport to be an invitation or an offer to buy or sell any fin
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 the
taken.
• Consolidate
• Buy on dips
Trend
Strategy
• R2 - 2490
• R1 - 2465 Resistance
• S1 - 2420
• S2 - 2400 Support
capitalheight.wordpress.com
) TURMERIC (AUG
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
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. Money CapitalHeight Research Pvt Ltd. recommends that investors
independently evaluate particular investments and strategies, and encourages investors to seek the advice of a financial
eight Research Pvt Ltd.shall not be responsible for any transaction conducted based on the
information given in this report, which is in violation of rules and regulations of MCX and NCDEX.
price projections shown are not necessarily indicative of future price performance. The information her
together with all estimates and forecasts, can change without notice. Analyst or any person related to
might be holding positions in the stocks recommended. It is understood that anyone who is browsing
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 accepta
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.
does not purport to be an invitation or an offer to buy or sell any financial instrument.
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
2465
• Bearish
• Sell on high
Trend
Strategy
• R2 - 7630
• R1 - 7500Resistance
• S1 - 7300
• S2 - 7150Support
www.capitalheight.com
capitalheight.wordpress.com
Phone- (0731)4295950
AUG)
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 suits
Sincere efforts have been made to present the right investment perspective. The information contained herein is based on
The information given herein should be treated as only factor, while making investment decision. The report does not
recommends that investors
independently evaluate particular investments and strategies, and encourages investors to seek the advice of a financial
for any transaction conducted based on the
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 Money CapitalHeight
might be holding positions in the stocks recommended. It is understood that anyone who is browsing
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
we are not responsible for any loss incurred
whatsoever for any financial profits or loss which may arise from the recommendations above. Money CapitalHeight
ancial 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
n Serious Legal Actions can be
2465
Bearish
Sell on high
7630
7500
7300
7150