Weekly AgriCommodity Newsletter 22-10-2012

7/31/2019 Weekly AgriCommodity Newsletter 22-10-2012

http://slidepdf.com/reader/full/weekly-agricommodity-newsletter-22-10-2012 1/8

Weekly Newsletter-Agri Commodity 22/10/2012

www.capitalheight.com

http://www.capitalheight.com/





capitalheight.wordpress.com

[email protected] (0731)4295950

W eekly News Letter- Agri

ContentsMarket Wrap

ChanaJeeraPepperTurmeric

Technical AnalysisChanaJeeraPepperTurmeric


http://capitalheight.wordpress.com/

mailto:[email protected]









MARKETWRAP

CHANA Chana has crossed its life time high of 4960 in last week trading session and

taken resistance of 5000 to show profit booking at higher level.

Its major trend is bullish, from here down turn is expected on less demand at

higher prices as compared to international market. One can go for Sell on high.

JEERA

Jeera consolidates with positive biasness & closed with gains. After sharp up

move traders booked profit at higher level, upcoming more uptrend expected.

It might remains bullish to test its next resistance at 16500, also demand would

increase on coming festive season following limited supply in spot market.

P EPPER

Pepper again consolidates in a tight range of 43800-42800 due to selling

pressure as profit booking, also weak export demand due to higher prices.

The major trend is bullish, due to pressure of selling at higher level may take it

down, in coming session we can expect it to test its support level at 42000.

TURMERIC

Turmeric has breached its crucial support at 5500 and sustaining below it. Incoming session some more downward trend can be expected.

An on-line MCX of the country has withdrawn special margin of 20% in cash on

the long side in Turmeric Nov & Dec 2012 expiry contracts.












TECHNICALVIEW

CHANA

WEEKLY PIVOT

SCRIPT R4 R3 R2 R1 P S1 S2 S3 S4

CHANA 5675 5391 5107 4931 4823 4647 4539 4255 3971

OUTLOOK

Trend: Consolidate

Resistance: 5000, 5250

Support: 4750, 4250

Strategy: Sell On High

CHANA WEEKLY












JEERA

WEEKLY PIVOT


JEERA 18355 17300 16245 15865 15190 14810 14135 13080 12025

OUTLOOK

Trend: Consolidate


Support: 14200, 13250

Strategy: Buy On Dips

JEERA WEEKLY












PEPPER

WEEKLY PIVOT


PEPPER 46160 45235 44310 43945 43385 43020 42460 41535 40610

OUTLOOK

Trend: Consolidate


Support: 42570, 41550


PEPPER WEEKLY












TURMERIC

WEEKLY PIVOT


TURMERIC 6479 6081 5683 5471 5285 5073 4887 4489 4091

OUTLOOK

Trend: Consolidate


Support: 4950, 4575


TURMERIC WEEKLY












Disclaimer The information and views in this report, our website & all the service we provide are believed to be reliable, but we do notaccept any responsibility (or liability) for errors of fact or opinion. Users have the right to choose the product/s that suits themthe most.

Sincere efforts have been made to present the right investment perspective. The information contained herein is based onanalysis 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 provideindividually tailor-made investment advice. Money CapitalHeight Research Pvt. Ltd. recommends that investors independentlyevaluate particular investments and strategies, and encourages investors to seek the advice of a financial adviser. MoneyCapitalHeight 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 NCDEX.

The commodity 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 CapitalHeightResearch Pvt. Ltd. might be holding positions in the commodity recommended. It is understood that anyone who is browsingthrough the site has done so at his free will and does not read any views expressed as a recommendation for which either thesite or its owners or anyone can be held responsible for . Any surfing and reading of the information is the acceptance of thisdisclaimer.

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. we are not responsible for any loss incurredwhatsoever for any financial profits or loss which may arise from the recommendations above. Money CapitalHeightResearch Pvt. Ltd. does not purport to be an invitation or an offer to buy or sell any financial instrument. Our Clients (Paid OrUnpaid), Any third party or anyone else have no rights to forward or share our calls or SMS or Report or Any InformationProvided by us to/with anyone which is received directly or indirectly by them. If found so then Serious Legal Actions can betaken.







Weekly AgriCommodity Newsletter 22-10-2012

Documents

Transcript of Weekly AgriCommodity Newsletter 22-10-2012