daily commodity agri news letter by capitalheight 23-12-2010
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Daily Newsletter 23/12/2010 www.capitalheight.com www.capitalheight.comTRANSCRIPT
Daily Newsletter23/12/2010
Daily Newsletter-Agri Commodity
www.capitalheight.com
Commodity
www.capitalheight.com
www.capitalheight.com
Phone- (0731)4295950
MARKET WRAP
Turmeric hit contract high
Pepper drop on weak exports
Cardamom continues uptrend on tight supply
Jeera down on poor exports
Guar falls on output
Chana up on low stocks
Soy bean, Soy oil extend gains on demand
Mentha oil falls on short selling
Prospects of improved export and domestic demand for Turmeric in coming weeks &
reports of delayed arrivals of the new crop could support the falling rates. Short term
trend would remain volatile as traders wait for corrections for buying opportunities.
Expectations of rising export and domestic demand amidst low stocks are expected to
have bullish impact on Jeera but short term trend would depend on the sowing
prospects depending on the weather in growing areas. Traders are reportedly waiting
for some more dips in Pepper but with demand expected to rise at lower levels that
could support prices to some extent. Lower stocks in Guatemala attracted some export
buying for Indian cardamom. Demand from the importing nations continues to give
support to the Soybean. We expect that for some time market will witness sideways
movement as most of the issues have been factored in to prices by the market and right
now market is seeking some new news that can give clear direction to the market.
TECHNICAL
CARDAMOM (JAN)
GUARGUM (JAN)
JEERA (JAN)
MUSTARD SEED (JAN)
• Bullish
• Sell on highs
Trend
Strategy• R2 - 1510
• R1 - 1480Resistance
• S1 - 1415
• S2 - 1360Support
• Consolidate
• Sell on highs
Trend
Strategy
• R2 - 6540
• R1 - 6450Resistance
• S1 - 6300
• S2 - 6200Support
• Consolidate
• Sell on highs
Trend
Strategy
•R2 - 14300
•R1 - 14000Resistance
•S1 - 13500
•S2 - 13330Support
• Consolidate
• Sell on highs
Trend
Strategy
•R2 - 572
•R1 - 566Resistance
•S1 - 556
•S2 - 550Support
ECHNICAL VIEW
CHANA (JAN
GUARSEED (JAN
MENTHA OIL (DEC
PEPPER (JAN)
•Bullish
• Buy on dips
Trend
Strategy
• R2 - 2610
• R1 - 2590Resistance
• S1 - 2560
• S2 - 2547Support
• Consolidate
• Sell on highs
Trend
Strategy• R2 - 2515
• R1 - 2490Resistance
• S1 - 2430
• S2 - 2400Support
• Consolidate
• Sell on highs
Trend
Strategy• R2 - 1135
• R1 - 1120Resistance
• S1 - 1070
•S2 - 1045Support
• Consolidate
• Sell on highs
Trend
Strategy
•R2 - 22250
•R1 - 21850Resistance
•S1 - 21300
•S2 - 21000Support
www.capitalheight.com
Phone- (0731)4295950
)
JAN)
DEC)
)
Buy on dips
2610
2590
2560
2547
Consolidate
Sell on highs
2515
2490
2430
2400
Consolidate
Sell on highs
1135
1120
1070
1045
Consolidate
Sell on highs
22250
21850
21300
21000
SOYABEAN (JAN)
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 that suits
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 responsib
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 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
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.
• Bullish
• Buy on dips
Trend
Strategy
•R2 - 2325
•R1 - 2300Resistance
•S1 - 2280
•S2 - 2260Support
) 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
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
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
ments 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
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
n 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 loss incurred
whatsoever for any financial profits or loss which may arise from the recommendations above. Capitalheight
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
directly or indirectly by them. If found so then Serious Legal Actions can be taken.
• Consolidate
• Sell on highs
Trend
Strategy
•R2 - 11100
•R1 - 10850Resistance
•S1 - 10400
•S2 - 10200Support
www.capitalheight.com
Phone- (0731)4295950
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
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
made investment advice. Capitalheight recommends that investors independently evaluate
ments 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
price projections shown are not necessarily indicative of future price performance. The information herein,
Capitalheight 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
n be held responsible for . Any surfing and 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
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
11100
10850
10400
10200