daily commodity agri news letter by capitalheight 10-12-2010
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Daily Newsletter 10/12/2010 www.capitalheight.com www.capitalheight.comTRANSCRIPT
Daily Newsletter10/12/2010
Daily Newsletter-Agri Commodity
www.capitalheight.com
Agri Commodity
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Phone- (0731)4295950
MARKET WRAP
Turmeric zooms on short covering
Pepper drops on profit booking
Jeera ended down almost 2%
Oilseeds, Soy oil up on demand
Cardamom tumbles on profit booking
Mustard seed drops on fresh sowing
Mentha oil declines on short selling
India commodity bourse turnover up 53 pct in Apr-Nov
Lower stocks of turmeric till the fresh arrivals expected in the month of February will
keep the prices firm in the near month contract. Prices will also take cues from the
demand from the overseas and domestic buyers. Lower stocks of Jeera with the
domestic stockiest and reports of effect on the production and yield of Jeera will support
prices in the coming weeks. Unseasonal rains in the previous month will have adverse
impact on the output. Activity in Pepper in the global markets is expected to be limited in
the coming days since most of the exporters and growers take a break during Christmas
and New Year period. Corrections were noted for Mentha Oil rates as higher arrivals
and fall in kept trend weak. In short term, some more dips can be expected as traders
wait for corrections for fresh buy. The market of soy oil has strong fundamentals in front
of it, with solid export and domestic demand and ongoing concerns about Argentina
production serving as the underlying driver of prices.
TECHNICAL
CARDAMOM (DEC)
GUARGUM (DEC)
JEERA (DEC)
MUSTARD SEED (DEC)
• Consolidate
• Sell on highs
Trend
Strategy• R2 - 1330
• R1 - 1265Resistance
• S1 - 1195
• S2 - 1170Support
• Consolidate
• Sell on highs
Trend
Strategy
• R2 - 6540
• R1 - 6400Resistance
• S1 - 6150
• S2 - 6085Support
• Consolidate
• Sell on highs
Trend
Strategy
•R2 - 14600
•R1 - 14425Resistance
•S1 - 14050
•S2 - 13950Support
• Consolidate
• Sell on highs
Trend
Strategy
•R2 - 576
•R1 - 573Resistance
•S1 - 562
•S2 - 560Support
capita
ECHNICAL VIEW
CHANA (DEC
GUARSEED (DEC
MENTHA OIL (DEC
PEPPER (DEC)
• Bearish
• Sell on highs
Trend
Strategy
• R2 - 2510
• R1 - 2490Resistance
• S1 - 2465
• S2 - 2445Support
•Consolidate
• Buy on dips
Trend
Strategy• R2 - 2515
• R1 - 2570Resistance
• S1 - 2425
• S2 - 2400Support
• Bearish
• Sell on highs
Trend
Strategy• R2 - 1195
• R1 - 1170Resistance
• S1 - 1120
•S2 - 1100Support
• Bearish
• Sell on highs
Trend
Strategy
•R2 - 22550
•R1 - 22250Resistance
•S1 - 21625
•S2 - 21300Support
www.capitalheight.com
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Phone- (0731)4295950
DEC)
DEC)
DEC)
)
Sell on highs
2510
2490
2465
2445
Consolidate
Buy on dips
2515
2570
2425
2400
Sell on highs
1195
1170
1120
1100
Sell on highs
22550
22250
21625
21300
SOYABEAN (DEC) TURMERIC (DEC)
Disclaimer
The information and views in this report, our website & all the service we provide are
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
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, whil
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 fin
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 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 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.
• Consolidate
• Sell on highs
Trend
Strategy
•R2 - 2365
•R1 - 2250Resistance
•S1 - 2219
•S2 - 2205Support
capita
SOYABEAN (DEC) TURMERIC (DEC)
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 adviser. Capitalheight shall
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
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
or . 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 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
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.
• Consolidate
• Sell on highs
Trend
Strategy
•R2 - 15600
•R1 - 15450Resistance
•S1 - 14900
•S2 - 14700Support
www.capitalheight.com
pitalheight.wordpress.com
Phone- (0731)4295950
SOYABEAN (DEC) TURMERIC (DEC)
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
. The information contained herein is based on
e making investment decision. The report does not
made investment advice. Capitalheight recommends that investors independently evaluate
ancial adviser. Capitalheight shall
not be responsible for any transaction conducted based on the information given in this report, which is in violation of rules
price projections shown are not necessarily indicative of future price performance. The information herein,
Capitalheight might be
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
or . Any surfing and reading of the information is the acceptance of this disclaimer.
onsible for any loss incurred
Capitalheight does not
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
Consolidate
Sell on highs
15600
15450
14900
14700