commodity tips

Daily Newsletter28/01/2011

Daily Newsletter-Agri Commodity

www.capitalheight.com

Agri Commodity



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Phone- (0731)4295950

MARKET WRAP

Turmeric rises on short covering

Pepper weakens on selling pressure

Chana weakens on subdued demand

Jeera weakens on profit booking

Mentha oil declines on extended buying

Soybean gains on fresh buying

The turmeric futures are expected to trade up while fresh buying at lower levels may

support the prices. However, overall trend is likely to remain very sluggish due to arrival

pressure at spot market. Pepper prices reversed back the direction on heavy selling.

Increased arrivals at spot market further added to the down side. Pepper export during

April- December was around 14000 tons down by 9% compared to 15425 tons during

same period last year. For Chana, improving weather condition across the major

producing areas is helping the new sown crop to recover and is exerting pressure on

the markets. Minimal buying across the spot markets might keep the market biased

towards down side. In Jeera, continued profit booking on previous gains may pressurize

the prices. However, lower production forecast and limited stocks might reverse the

trend on lower level buying. Jeera production in 2011 is expected to be around 20 Lakh

bags (1.10 mt) against 25 Lakh bags (1.37 mt). Extended short selling may pull down

the prices. Overall steady spot market activity might weigh on sentiments. However,

prices are likely to witness recovery on short covering.

TECHNICAL

CARDAMOM (FEB)

GUARGUM (FEB)

JEERA (FEB)

PEPPER (FEB)

• Consolidate

• Sell on highs

Trend

Strategy• R2 - 1610

• R1 - 1550Resistance

• S1 - 1440

• S2 - 1410Support

• Consolidate

• Buy on dips

Trend

Strategy

• R2 - 7495


• S1 - 7200

S2 - 7090Support

• Bearish

• Sell on highs

Trend

Strategy

• R2 - 15600


• S1 - 14400


• Consolidate

• Sell on highs

Trend

Strategy

• R2 - 23930


• S1 - 22130

• S2 - 21650 Support


ECHNICAL VIEW

CHANA (FEB)

GUARSEED (FEB

MENTHA OIL (JAN

REFINED SOY OIL

• Bearish

• Sell on highs

Trend

Strategy

• R2 - 2690


• S1 - 2590


• Consolidate

• Sell on highs

Trend



• S1 - 2715


• Consolidate

• Sell on highs

Trend



• S1 - 1140


• Consolidate

• Sell on highs

Trend

Strategy

• R2 - 663


• S1 - 643

• S2 - 627Support



[email protected]

Phone- (0731)4295950

)

FEB)

JAN)

(FEB)

Sell on highs

2690

2660

2590

2560

Consolidate

Sell on highs

2840

2800

2715

2680

Consolidate

Sell on highs

1185

1175

1140

1129

Consolidate

Sell on highs

663

657

643

627

SOYABEAN (FEB)

Disclaimer

The information and views in this report, our website & all the service we provide are believed to

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 the right investment perspective. The inform

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 inv

provide individually tailor-made investment advice. Capitalheight recommends that investors independently evaluate

particular investments and strategies, and encourages investors to seek the advice of a financial advis

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 fu

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

• Bearish

• Sell on highs

Trend

Strategy

• R2 - 2522

• R1 - 2485 Resistance

• S1 - 2410



) 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

The information given herein should 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 advis

not be responsible for any transaction conducted based on the information given in this report, which is in violation of rule

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 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.

2485

• Consolidate

• Sell on highs

Trend

Strategy

• R2 - 10048


• S1 - 9760




[email protected]

Phone- (0731)4295950

TURMERIC (APR)

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

ation contained herein is based on

estment 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 rules

ture 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


2485

Consolidate

Sell on highs

10048

9980

9760

9700

commodity tips

Documents

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