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1. DAILY AGRI REPORT
16TH AUGUST 2012
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2. HEADLINES
Red chilli down Rs 200-300 in spot:
Red chilli offered down Rs 200-300 a quintal at Guntur
market of Andhra Pradesh on Tuesday. Moreover, red
chilli futures also traded down on profit taking. Cold
storage red chilli arrival reported around 40,000 bags
(per bags 40 kg). Red cilli quoted down on rains in red
chilli producing areas.
Trading tip:
Mentha oil gains Rs 15-25 in spot:
Sell Jeera Sep. below Mentha oil offered up Rs 15-25 a kg in different spot
markets on Tuesday. Moreover, mentha oil futures also
16100 for target traded slightly up on buying support. Mentha oil arrival
reported around 650 drums in different spot markets.
16000/15850
In Rampur, mentha oil (68 GLC) quoted at Rs 1,500
Stop Loss 16250 per kg, in Chandausi Rs 1,525 per kg, in Sambhal at Rs
1,525 a kg, in Barabanki at Rs 1,445 a kg.
Previous
Performance EXPERT OPINION
Sell Chana below
STOCK S1 S2 R1 R2
4870 for target CHANA 4865 4830 4935 4975
4840/4810 RM SEED 4370 4325 4435 4470
Stop Loss 4910 SOYABEAN 3930 3905 3410 3445
JEERA 16040 15970 16170 16250
Target achieved
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